Gauteng's ultra-wealthy are keeping their Johannesburg mansions and buying R60 million Cape Town retreats rather than choosing between the two cities

Billionaires Africa | 01.05.2026 14:22
South Africa's wealthiest Gauteng residents are no longer choosing between Johannesburg and Cape Town. They are buying both, and they are not selling either, according to a new report from Pam Golding Properties that captures a meaningful shift in how ultra-high-net-worth South Africans are structuring their lives and their property portfolios.