{"id":96950,"date":"2026-04-08T15:19:56","date_gmt":"2026-04-08T15:19:56","guid":{"rendered":"https:\/\/www.africa-press.net\/south-africa\/all-news\/south-african-neighborhood-with-r18-million-homes"},"modified":"2026-04-08T15:32:24","modified_gmt":"2026-04-08T15:32:24","slug":"south-african-neighborhood-with-r18-million-homes","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/south-africa\/all-news\/south-african-neighborhood-with-r18-million-homes","title":{"rendered":"South African Neighborhood With R18 Million Homes"},"content":{"rendered":"

Africa-Press – South-Africa. <\/strong><\/span>Strong demand for mixed-use \u201clive-work-play\u201d areas like the V&A Waterfront, where average home prices reach R18 million, is driving double-digit growth and outperforming property markets across Cape Town and nationally.<\/p>\n

According to the Seeff Property Group, mixed-use neighbourhoods in Cape Town, especially, have been among the best performers.<\/p>\n

Over the past five years, these areas have reported double-digit year-on-year price growth, topping both the national and Cape Town averages.<\/p>\n

Prices in top neighbourhoods are up by 30% to 50% over five years and by 12% to 16% year-on-year. This outpaces the average of 9.1% for Cape Town and 6.6% nationally for 2025 based on Statistics South Africa data.<\/p>\n

These mixed-use areas have become key 15-minute neighbourhoods where nearly everything is within walking distance.<\/p>\n

This reduces commuting stress while providing an integrated work-live-play lifestyle. These neighbourhoods offer diverse land use across residential, hospitality, and commercial sectors.<\/p>\n

Mixed-use neighbourhoods are generally highly sought by investors for high rental demand and stable yields. They often boast a high percentage of residential rental investments with yields of 7% to 10%.<\/p>\n

Sales prices in these areas reflect this demand. In the Tyger Waterfront (Durbanville), the average property price is around R1.64 million.<\/p>\n

However, this shoots up to R1.95 million in the Cape Town CBD and R2.83 million in Century City. The V&A Waterfront Marina takes the top prize, though, with an average price of R18 million.<\/p>\n

According to data from Seeff, Lightstone and Propstats, the V&A Waterfront Marina also sees significant sales over R20 million.<\/p>\n

Due to these high average prices, its rental yields are slightly lower than those of other mixed-use neighbourhoods, at 4% to 6%.<\/p>\n

Ultra-luxury developments launch at the V&A Waterfront<\/b><\/p>\n

The V&A Marina\u2019s property market is only expected to continue its growth trajectory, given the number of new developments planned for the area.<\/p>\n

For example, the Cape Town Edition hotel and private residences at the V&A Waterfront are planning to offer an ultra-luxury experience for discerning travellers and residents.<\/p>\n

Scheduled to open in October 2026, this will be the first Marriott Edition hotel in Africa. Marriott Edition is a luxury lifestyle brand within Marriott International\u2019s portfolio, alongside The Ritz-Carlton, St. Regis, and W Hotels.<\/p>\n

It is known for boutique-style properties that reflect their locations with minimalist, modern aesthetics and historic influences.<\/p>\n

Marriott International already operates several luxury and upscale hotels in South Africa, including The Westin Cape Town, Johannesburg Marriott Hotel Melrose Arch, and African Pride hotels.<\/p>\n

The Cape Town Edition will feature 142 rooms and suites, world-class amenities such as a rooftop bar, spa, pool, and meeting facilities, and six private residences<\/p>\n

The project is designed by Shanghai-based Neri & Hu in collaboration with local architects StudioMAS, promising a sophisticated atmosphere that blends modern luxury with authentic local character.<\/p>\n

The hotel forms part of the V&A Waterfront\u2019s Quay 7 Superyacht Marina development, a R230 million investment aimed at strengthening Cape Town\u2019s position in the global ocean economy.<\/p>\n

The marina, located in front of the hotel, will accommodate superyachts of 40 to 90 metres with six stern-to and two beam-on berths.<\/p>\n

It will also support commissioning and export for Cape Town\u2019s catamaran industry, which includes builders such as Robertson & Caine, Two Oceans Marine, and Balance Catamarans.<\/p>\n

Guests and residents will enjoy seamless access to the waterfront, including a public promenade, extensive yacht berths, and a heliport, enhancing the area\u2019s appeal as a luxury destination.<\/p>\n

The V&A Waterfront describes the project as \u201carchitecturally stunning\u201d, marking the launch of Edition Hotels in Africa, while creating new economic opportunities for Cape Town\u2019s marine services and luxury hospitality sectors.<\/p>\n

R8.5 million one-bedroom apartment in Waterfront, Cape Town<\/b>
\nR18.39 million two-bedroom apartment in Waterfront, Cape Town<\/b>
\nR47 million three-bedroom penthouse apartment in Waterfront, Cape Town<\/b><\/p>\n

For More News And Analysis About South-Africa<\/span> Follow Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – South-Africa. Strong demand for mixed-use \u201clive-work-play\u201d areas like the V&A Waterfront, where average home prices reach R18 million, is driving double-digit growth and outperforming property markets across Cape Town and nationally. According to the Seeff Property Group, mixed-use neighbourhoods in Cape Town, especially, have been among the best performers. Over the past five […]<\/p>\n","protected":false},"author":84,"featured_media":96949,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[275],"class_list":["post-96950","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-south-africa-2"],"yoast_head":"\nSouth African Neighborhood With R18 Million Homes - South Africa<\/title>\n<meta name=\"description\" content=\"Strong demand for mixed-use \u201clive-work-play\u201d areas like the V&A Waterfront, where average home prices reach R18 mill ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/south-africa\/all-news\/south-african-neighborhood-with-r18-million-homes\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"South African Neighborhood With R18 Million Homes\" \/>\n<meta property=\"og:description\" content=\"Strong demand for mixed-use \u201clive-work-play\u201d areas like the V&A Waterfront, where average home prices reach R18 mill ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/south-africa\/all-news\/south-african-neighborhood-with-r18-million-homes\" \/>\n<meta property=\"og:site_name\" content=\"South Africa\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2026-04-08T15:19:56+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-04-08T15:32:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2026\/04\/sm_1775649653.98738.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1600\" \/>\n\t<meta property=\"og:image:height\" content=\"900\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/south-african-neighborhood-with-r18-million-homes#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/south-african-neighborhood-with-r18-million-homes\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"South African Neighborhood With R18 Million Homes\",\"datePublished\":\"2026-04-08T15:19:56+00:00\",\"dateModified\":\"2026-04-08T15:32:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/south-african-neighborhood-with-r18-million-homes\"},\"wordCount\":646,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/south-african-neighborhood-with-r18-million-homes#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2026\/04\/sm_1775649653.98738.jpg\",\"keywords\":[\"South-Africa\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/south-africa\/all-news\/south-african-neighborhood-with-r18-million-homes#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/south-african-neighborhood-with-r18-million-homes\",\"url\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/south-african-neighborhood-with-r18-million-homes\",\"name\":\"South African Neighborhood With R18 Million Homes - South Africa\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/south-african-neighborhood-with-r18-million-homes#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/south-african-neighborhood-with-r18-million-homes#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2026\/04\/sm_1775649653.98738.jpg\",\"datePublished\":\"2026-04-08T15:19:56+00:00\",\"dateModified\":\"2026-04-08T15:32:24+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"Strong demand for mixed-use \u201clive-work-play\u201d areas like the V&A Waterfront, where average home prices reach R18 mill ...\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/south-african-neighborhood-with-r18-million-homes#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/south-africa\/all-news\/south-african-neighborhood-with-r18-million-homes\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/south-african-neighborhood-with-r18-million-homes#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2026\/04\/sm_1775649653.98738.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2026\/04\/sm_1775649653.98738.jpg\",\"width\":1600,\"height\":900,\"caption\":\"South African Neighborhood With R18 Million Homes\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/south-african-neighborhood-with-r18-million-homes#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/south-africa\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"South African Neighborhood With R18 Million Homes\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/#website\",\"url\":\"https:\/\/www.africa-press.net\/south-africa\/\",\"name\":\"South Africa\",\"description\":\"Just another Africa News Agency Sites site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/south-africa\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\",\"name\":\"cfeditoren\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"caption\":\"cfeditoren\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"South African Neighborhood With R18 Million Homes - South Africa","description":"Strong demand for mixed-use \u201clive-work-play\u201d areas like the V&A Waterfront, where average home prices reach R18 mill ...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/south-africa\/all-news\/south-african-neighborhood-with-r18-million-homes","og_locale":"en_US","og_type":"article","og_title":"South African Neighborhood With R18 Million Homes","og_description":"Strong demand for mixed-use \u201clive-work-play\u201d areas like the V&A Waterfront, where average home prices reach R18 mill ...","og_url":"https:\/\/www.africa-press.net\/south-africa\/all-news\/south-african-neighborhood-with-r18-million-homes","og_site_name":"South Africa","article_publisher":"https:\/\/www.facebook.com\/AfricaPressTunisiaa","article_published_time":"2026-04-08T15:19:56+00:00","article_modified_time":"2026-04-08T15:32:24+00:00","og_image":[{"width":1600,"height":900,"url":"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2026\/04\/sm_1775649653.98738.jpg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.africa-press.net\/south-africa\/all-news\/south-african-neighborhood-with-r18-million-homes#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/south-africa\/all-news\/south-african-neighborhood-with-r18-million-homes"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/south-africa\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"South African Neighborhood With R18 Million Homes","datePublished":"2026-04-08T15:19:56+00:00","dateModified":"2026-04-08T15:32:24+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/south-africa\/all-news\/south-african-neighborhood-with-r18-million-homes"},"wordCount":646,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/south-africa\/all-news\/south-african-neighborhood-with-r18-million-homes#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2026\/04\/sm_1775649653.98738.jpg","keywords":["South-Africa"],"articleSection":["all news","economy"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.africa-press.net\/south-africa\/all-news\/south-african-neighborhood-with-r18-million-homes#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/south-africa\/all-news\/south-african-neighborhood-with-r18-million-homes","url":"https:\/\/www.africa-press.net\/south-africa\/all-news\/south-african-neighborhood-with-r18-million-homes","name":"South African Neighborhood With R18 Million Homes - South Africa","isPartOf":{"@id":"https:\/\/www.africa-press.net\/south-africa\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/south-africa\/all-news\/south-african-neighborhood-with-r18-million-homes#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/south-africa\/all-news\/south-african-neighborhood-with-r18-million-homes#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2026\/04\/sm_1775649653.98738.jpg","datePublished":"2026-04-08T15:19:56+00:00","dateModified":"2026-04-08T15:32:24+00:00","author":{"@id":"https:\/\/www.africa-press.net\/south-africa\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"description":"Strong demand for mixed-use \u201clive-work-play\u201d areas like the V&A Waterfront, where average home prices reach R18 mill ...","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/south-africa\/all-news\/south-african-neighborhood-with-r18-million-homes#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/south-africa\/all-news\/south-african-neighborhood-with-r18-million-homes"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/south-africa\/all-news\/south-african-neighborhood-with-r18-million-homes#primaryimage","url":"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2026\/04\/sm_1775649653.98738.jpg","contentUrl":"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2026\/04\/sm_1775649653.98738.jpg","width":1600,"height":900,"caption":"South African Neighborhood With R18 Million Homes"},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/south-africa\/all-news\/south-african-neighborhood-with-r18-million-homes#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/south-africa\/"},{"@type":"ListItem","position":2,"name":"South African Neighborhood With R18 Million Homes"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/south-africa\/#website","url":"https:\/\/www.africa-press.net\/south-africa\/","name":"South Africa","description":"Just another Africa News Agency Sites site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/south-africa\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/south-africa\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb","name":"cfeditoren","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/south-africa\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","caption":"cfeditoren"}}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.net\/south-africa\/wp-json\/wp\/v2\/posts\/96950","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.net\/south-africa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.net\/south-africa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/south-africa\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/south-africa\/wp-json\/wp\/v2\/comments?post=96950"}],"version-history":[{"count":1,"href":"https:\/\/www.africa-press.net\/south-africa\/wp-json\/wp\/v2\/posts\/96950\/revisions"}],"predecessor-version":[{"id":96973,"href":"https:\/\/www.africa-press.net\/south-africa\/wp-json\/wp\/v2\/posts\/96950\/revisions\/96973"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/south-africa\/wp-json\/wp\/v2\/media\/96949"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/south-africa\/wp-json\/wp\/v2\/media?parent=96950"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/south-africa\/wp-json\/wp\/v2\/categories?post=96950"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/south-africa\/wp-json\/wp\/v2\/tags?post=96950"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}