It is our pleasure to present the latest Spring/Summer edition of Exquisite magazine showcasing our premier selection of luxury properties situated in prime locations and spectacular settings across South Africa, sub-Saharan Africa and Internationally, most recently in Paris where we have extended our global reach by establishing a company owned branch presence in the heart of the prime 7^th arrondissement.

Here in South Africa, with a more positive political and economic outlook, consumer confidence has rebounded to a five-year high in Q3 2024. Coupled with rapid easing in consumer inflation and the prospect of further interest rate relief, this is positive for the housing market – particularly at this time of year when residential market activity increases.

We have already seen national house prices gather momentum, rising to +4.9% in September 2024. While the Western Cape is a standout performer, registering house price growth of +4.2% during the year to date (Jan - Sept 2024), compared to national house price inflation of +3.5% for the same period. We have experienced increasing activity and interest this year and during recent months in a number of key commercial hubs and sought-after nodes around the country across all sectors, including the high-end residential market and the investor sector.

Boosted by positive sentiment regarding improved financial conditions, local stock markets and stable government, the luxury end of the market has demonstrated strength and increased demand, which in turn is driving a shortage of stock in prime locations, placing pressure on pricing.

While Johannesburg remains home to the highest number of high-net worth individuals in Africa, Cape Town follows, fuelled by an ongoing influx of affluent semigrants and wealthy international buyers drawn by the appealing lifestyle and scenic natural beauty of the Western Cape region.

Pam Golding Properties takes pride in presenting this specially curated collection of premium properties which promise a unique lifestyle set amid unequalled surroundings.

These luxury homes and apartments, high-end lifestyle estates, boutique wine farms and other iconic properties situated in diverse environs from coastal areas to bushveld and wildlife locations, or elevated positions in mountainous regions, continue to capture the imagination and hearts of visitors and homebuyers alike.

Please feel free to contact a Pam Golding Properties office or agent for more information or to arrange an exclusive viewing.