The laws of supply and demand will always be in favour of Clifton, Cape Town’s hottest neighbourhood property. The equation is simple: Here’s a residential pocket of perfection whose scarcity can barely satisfy local and international investor demand for “a piece of paradise”. Over and above particularly brisk Atlantic seaboard sales, Dogon Group Properties reports having sold over a quarter of a billion rand’s worth of property in Clifton alone over the past six months.

For those unfamiliar with the location, picture an Atlantic seaboard neighbourhood with only several hundred privileged inhabitants, enjoying tumbling views over sandy white beaches, gloriously wind-protected by Lion’s Head... and postcard sunsets across an azure ocean.

It’s therefore not surprising that only ten kilometres from the city centre, Clifton homes and apartments command prices averaging around R12 million, according to property consulting firm Lightstone’s annual index of prices – making this exclusive neighbourhood the most expensive in Southern Africa.

Dogon Group Properties, headed by property guru, Denise Dogon, has notched up a spectacular series of record sales in Clifton, Cape Town, totalling almost R400 million over the last 6 months. Dogon confirmed that a large percentage of sales, particularly top-end, had been to foreign buyers.

The highest individual price achieved by the company was R60 million for a four-storey, six-bedroom villa perched high above Clifton, featuring a curved glass lift, a rim flow pool, sauna, wine cellar and staff quarters.

The long-term rental of properties along the Atlantic Seaboard is flourishing and has continued to strengthen in recent months, according to Odette Maartens, the rental manager of Dogon Group Properties, which specialises in the area.

Maartens says that during the past few months the company’s rental department has been inundated with requests for accommodation of six months or more from high-income clients. “Among the contracts recently signed was a R130 000 per month lease for a huge luxury home, with the full amount of R2,2-million paid upfront.”

Sunday Times, Nov 28, 2010. By BIÉNNE HUISMAN

Indian booze billionaire buys himself many rooms with a view. Indian liquor baron and Formula One team owner has splashed out R60-million for a Cape Town mansion in which Hollywood star Nicolas Cage once slept on embroidered pillows.

The flamboyant 54-year-old chairman of United Breweries Group and Kingfisher Airlines - named after United Breweries's trademark Kingfisher beer - has an estimated fortune of $1.45-billion and was ranked the 44th richest person in India by Forbes.com in September.

A property developer has been ordered to cough up R1-million in commission to an estate agent following a row over a R42-million plot of land in one of the country's most exclusive streets.

Denise Dogon, CEO Dogon Group Properties, perspective of the Property Sector, Investment and Trade Opportunities within the Western Cape

Question 1: Philosophy Business Strategy and Future Growth Strategy

Our strategy is to remain focussed on our niche market which is high value properties and to further establish our brand and the leading luxury property specialists along the Atlantic Seaboard in Cape Town. We continue to show the world that the quality of our real estate is comparable to the best beach front property in the world. With the rest of the world in financial turmoil and considering the reality that every region has its risks, we are looking to spread the word about our wonderful world-class real estate and our unmatched lifestyle in Cape Town. We continue to attract high income groups that are drawn by the affordability of our lifestyle and who, after reviewing their international options, choose to take advantage of the fact that we are at least a third cheaper than equivalent properties in the South of France for example, yet offer an exceptional quality of life.

Stefan Antoni Olmesdahl Truen Architects
An apartment designed by the architect Stefan Antoni in Cape Town’s Bantry Bay section.

CAPE TOWN — Reality and the global downturn have flattened the hopes of many South Africans who thought the real estate market would boom as the country welcomed the World Cup.

And perhaps none had greater expectations of impulsive international buyers than owners in Cape Town, a city of about 3.5 million renowned for its sea and mountain views. (Cape Town is one of several host cities for the World Cup. Several matches will be played here, including a semifinal game on July 6.)

By FIONA MACKAY / Published: June 10, 2010 / www.nytimes.com

Andree Laubscher
13 May 2010

WHAT IT MEANS FOR YOUR BOND REPAYMENTS

With mortgage interest rates at 5,5 percentage points below the peak of 15,5% in late 2008, mortgage repayments are currently 28,7% lower than 18 months ago, said Luthando Vutula, Managing Executive of Absa Home Loans.

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The Victoria and Alfred Waterfront in Cape Town, South Africa is widely regarded as the most successful Waterfront development in the world.  It offers residents and visitors a lifestyle and entertainment hub quite unlike any other, attracting some 22 million visitors annually.

In the heart of the Waterfront is the V&A Waterfront Marina, a residential development consisting of 537 prestigious apartments and penthouses which is now regarded as Cape Town's premier residential address neighbouring the 6 star One & Only Resort built by the world renowned Sol Kerzner.