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The Highest Annual Sales Value Recorded in the History of South Africa’s Largest Township
By SG Editor·
A modern, white multi-story house with curved balconies, surrounded by palm trees in a South African township.
Just more than 2,200 residential properties worth nearly R900m changed hands in Soweto last year. Soweto, on the southwestern outskirts of Joburg, has a footprint of about 200km² and is home to an estimated 1.3-million people, almost a third of the city’s total 4.4-million population. Homebuyers are flocking to the area as developers expand sectional-title offerings and estate living looks to be gaining traction.