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Luxury by the Square Metre: How SA's Top Developments Stack Up

We analysed 11 of the most talked-about luxury developments in Cape Town. Here's what they cost per square metre — and what that tells us.

Cape Town's luxury apartment market is alive and kicking, with multiple new developments asking serious premiums. But instead of marketing buzzwords, let’s look at the data: how much are buyers actually paying per square metre?

From Sea Point to Woodstock to the CBD fringe, we analysed 11 of the most talked-about luxury apartment developments in Cape Town. Here's how they compare:

📈 Price Rankings: Mid-point per m² (R‘000)

Development

Mid-point R/m²

The Marlow on Mill

96.8

OneOnR

83.6

Rockefeller Apartments

70.4

The Magnolia

86.3

The Paradigm

72.2

TenOnV

71.7

Lilly May

72.3

The Charlotte

73.8

Mama Shelter Residences

85.3

The Fibonacci

61.4

The Landing

65.9

💡 What This Tells Us

  • R90k+/m² Club: The Marlow on Mill lead the pack, pushing the edges of Cape Town’s high-end market. Expect boutique finishes, prime pockets of Newlands and discerning local buyers.

  • Branded Premiums: Mama Shelter Residences and The Magnolia command strong premiums due to their hospitality-driven offerings, location, and international appeal.

  • Sub-70k/m² Sweet Spot: Developments like The Landing, Fibonacci, and TenOnV present better value per metre, especially for early-stage investors or price-sensitive lifestyle buyers.

  • Rising Stars: The Charlotte, OneOnR, and Lilly May show that mid-rise luxury with strong branding and clever architecture can push into the R70k–80k/m² range.

🔍 How to Use This Info

Looking to buy? This helps you benchmark where you're over- or under-paying. Building or marketing your own development? It tells you how far pricing can stretch for different formats, suburbs, and positioning.

Want help making sense of your next buy — or your next launch? Reply to this newsletter or DM us on Instagram: @ResiLogic

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