Real Estate Investor Magazine South Africa August 2018 | Page 64

LUXURY LIVING
South Africa’s Finest
The Most Luxurious Apartment Complexes
I
n July, New World Wealth (NWW) published its rankings
of the top 10 luxury apartment complexes in South Africa.
Says real estate advisor Basil Weinrich, who helps to com-
pile the ratings: “The market for luxury apartments has consis-
tently outperformed the general SA housing market over the
past few years and we expect this to continue. In particular,
we expect luxury apartments in Seapoint in Cape Town to perform especially well going forward. We also expect strong
growth in luxury apartments in Umhlanga and Ballito over
the next few years.”
Apartment complexes are chosen, in no particular order,
based on specific ratings criteria. These include the design and
space, maintenance, location, views, security, activities, quality
of build and fittings, and the appeal to wealthy buyers.
The Top 10 Embassy Towers
The Bantry
Located in Bantry Bay in Cape Town, the complex offers resi-
dents impressive ocean views. Notably, it is also protected from
the infamous Cape Town winds. All the units are larger than
300sqm. The complex was designed by SA architect Stef An-
toni. Prices range from R30m to R40m.
Melrose Arch
Located in Sandton, this is a unique mixed-use residential
area. Offering residents easy and safe access to shops, bars,
restaurants, and offices, apartment prices range from R2m to
R30m.
62
AUGUST/SEPTEMBER 2018 SA Real Estate Investor Magazine
A luxurious new apartment block overlooking the US embassy
in Sandton. The complex consists of 12 storeys and 93 exclu-
sive apartments. Prices range from R7m to R30m.
Whitehall Court
This complex is located in Killarney, Johannesburg. Impressive
internal gardens, sculptured pillars, and a timeless design make
this an appea