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Cape Town leads: 5 suburbs with average prices above R20 millionSouth Africa leads Africa in wealth, with Johannesburg and Cape Town at the top. Cape Town’s luxury suburbs are hitting record prices as high-net-worth buyers drive demand amid limited supply.Hot suburbs for every budget: Joburg to Cape TownFrom R85k to R43m, buyers in Joburg and Cape Town seek security, lifestyle and schools, with suburbs like Sandton and Durbanville offering value, and Constantia and Bishopscourt attracting luxury buyers.Winter buyers drive record sales on Cape Town’s Atlantic SeaboardDespite the cold and wet winter months, Cape Town’s Atlantic Seaboard is seeing record property sales. From high-end penthouses to entry-level apartments, both local and international buyers are snapping up homes, proving that winter is now a season of opportunity in the real estate market.