The Oppenheimer family has been the richest family in SA for three generations and have always been involved in many philanthropic activities.
Built over 15 years ago, top pioneer golf estate properties in South Africa are Fancourt, Erinvale, Sunset Links, Steenberg, Pecanwood & Dainfern.
Cape Town was the top ranked African holiday hotspot, 47th on the global list, and Monaco tops the list in the Top 20 holiday hotspots for the rich.
Pearl Valley in the Western Cape is arguably the best all round golf estate in the country, with one of the top 5 golf courses and designer homes.
The UK was the top beneficiary of HNWIs from abroad with Singapore second, and London in particular has become a hub for moving millionaires.
The Western Cape is home to some of the most expensive wine property globally, valued at more than US$80k per ha and owned by wealthy individuals.
Durban was the top performing city between 2007-2013 with wealthy individuals’ volume growth reaching 23% and 43% for the super-wealthy.
Rand weakness has become a significant 'downside risk' to residential property market performance and many have seen the value of their wealth dip.
For the time being, transfer duty revenue growth continues to reflect what has in recent times been a well-balanced and buoyant property market.
Buyers and investors willing to work hard in 2014 will find the commercial property market has opportunities, albeit fewer due to the slow economy.
The calculation of CPI inflation is of crucial importance for South Africans, as it determines the inflation outcome and change in interest rates.
2014 may be the year when home affordability becomes more of a challenge, with slightly higher house price growth and a struggling labour market.
In the World Top 30 Cities for Millionaires 2013 report, the city of London, thanks to international appeal and high property costs was ranked no 1.
South African economic growth is expected to recover somewhat to 2.7 percent and to 3.2 percent in 2014 and 2015 respectively, says economist.
The ongoing mediocrity in home building activity can be explained by a still-competitively priced existing home market relative to new house prices.
The low interest rate environment helps to promote a relatively stable more or less sideways movement in the household debt-to-disposable ratio.
Prime property in Dubai has shown strong performance, particularly in 2012 when prices rose by 20 percent, the second highest growth rate globally.
South African Reserve Bank Leading Business Cycle Indicator suggests no shooting lights out for property trading activity growth in the near term.
In Africa, Johannesburg is ranked number one with 23 400 millionaires and South Africa remains the top African country with 48 800 millionaires.
Many people blame capitalism and greed of banks for the global financial crisis but the truth may be precisely the opposite. Read on to find out..
House for sale in Grimbeeck Park R 1 750 000
Apartment / Flat for sale in Greenstone Park Estate R 899 000
Commercial Property for sale in Olympus A H R 8 600 000
House for sale in Witkoppen R 3 500 000
Vacant Land / Plot for sale in Heidelberg Central R 630 000
Apartment / Flat for sale in Ramsgate R 2 195 000
House for sale in Paradise Beach R 2 655 000
Apartment / Flat for sale in Umbilo R 595 000
House for sale in Meyersdal Eco Estate R 12 999 000
House for sale in The Wolds R 1 195 000
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