
Property Values: Soweto, Khayelitsha And Umlazi
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Guest - Hayley Ivins-Downes, Lightstone Managing Executive Real Estate & Director at Prop Data
Much has been written about the residential property markets in South Africa’s iconic cities, Johannesburg, Cape Town and Durban – but what of the largest townships in or adjacent to each of these cities, Soweto, Umlazi and Khayelitsha?
While the glossy brochures and media headlines often focus on city skylines and prime real estate, there’s a vibrant pulse of urban transformation that often beats strongest in the townships on their periphery.
Much has been written about the residential property markets in South Africa’s iconic cities, Johannesburg, Cape Town and Durban – but what of the largest townships in or adjacent to each of these cities, Soweto, Umlazi and Khayelitsha?
While the glossy brochures and media headlines often focus on city skylines and prime real estate, there’s a vibrant pulse of urban transformation that often beats strongest in the townships on their periphery.