Pam Golding says it has significantly increased sales volumes – units sold – in the R20 million to R50 million price band by 33% over the past year.<\/p>\n
PGP said that sales in the R10 million to R20 million range increased by 13%, while in the R5 million to R10 million, sales were up 20%.<\/p>\n
“In line with national demand, the bulk of our sales are in the price band up to R5 million, with 43.6% between R1 million and R3 million, the property group said.<\/p>\n
In R3 million to R5 million range, it grew sales by 12%, and the price band from R1 million to R3 million was up 12%.<\/p>\n
In the luxury market, during 2014 and based on a price band definition of R12 million and upwards on a sampling of some 130 such residential property transactions in areas around South Africa in which the group operates , Pam Golding said it sold more than a third.<\/p>\n
With a surge in the top end range, BusinessTech identified three homes for sale on Pam Golding’s website in Gauteng, Cape Town and KwaZulu-Natal, which come close to R50 million.<\/p>\n
There are several properties listed in Gauteng and in the Western Cape which are priced at around R50 million and above, however, in KwaZulu-Natal, the best priced properties are located on the North Coast, at around R40 million.<\/p>\n
Cape Town<\/strong><\/p>\n
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