These are the richest areas in South Africa with houses reaching R20 million – here’s what you get

New data from New World Wealth has revealed South Africa’s poshest residential areas in the country.

According to the group, there are approximately 3,600 homes in South Africa that are valued at over US$1 million (R18 million) as of June 2022.

“By this measure, South Africa ranks as the 25th largest prime residential property market in the world, well ahead of the other countries in Africa and in line with big emerging markets such as India and Brazil.”

(Source: Businesstech)

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