A look at Cape Town’s booming rental market – where prices can shoot over R100,000 a month

Ross Levin from Seeff says the higher interest rate has increased the demand for rental properties at the top end in Cape Town.

Moreover, tourism, the return to the office, and colleges and universities are also significantly increasing demand. For instance, Seeff’s agents have concluded rentals in Bantry Bay and the Waterfront for R130,000 and R120,000 per month, respectively.

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