Property Investment in Cape Town CBD Surges 41% to Exceed R12.8 Billion
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The latest State of Cape Town Central City Report highlights robust investor confidence, with 29 major property developments transforming the downtown skyline through residential and commercial growth.
Property investment in the Cape Town Central Business District (CBD) experienced a massive 41% surge during the 2025/26 period, with total development valuations conservatively estimated to exceed R12.8 billion.
According to the annual State of Cape Town Central City Report released by the Cape Town Central City Improvement District (CCID), the figures reflect a significant jump from the R9 billion recorded in the previous assessment period.
The investment wave spans 29 projects—including completed builds, active construction sites, and planned developments—across the CCID's 1.74 square-kilometer city center footprint. Residential developments and mixed-use builds with strong residential components dominated the market, responding to high demand for downtown living.
Over the last five years, 22 residential-focused builds valued at R5.1 billion have added roughly 3,260 new apartment units to the CBD, while the commercial property sector continues to maintain momentum, backed by Cape Town boasting South Africa's lowest national office vacancy rate at 6.2%.
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