Middle-class flocking to these suburbs in South Africa’s richest city
Several areas of Johannesburg South and Alberton remain popular amongst buyers and investors.
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Several areas of Johannesburg South and Alberton remain popular amongst buyers and investors.
The Lancaster Centre in Johannesburg is now standing completely empty after its last shop—a speciality hobby store—closed down in December 2025.
Vanessa Murray from Nedbank CIB says ‘subdued activity’ for new loans in recent years from real estate investment trusts has seen them ‘shoring up their balance sheets’ – and with the sector having rerated, the bank is far more positive about what’s to come from SA’s listed property counters.
Another collapse of the City of Johannesburg’s electronic billing and payments platform has triggered a major administrative own goal affecting roughly 1.5 million municipal accounts.
Standard Bank is forecasting some good news about interest rates for homeowners in South Africa in 2026.
Boardwalk Mall is undergoing a large expansion, with the mall set to get padel courts and 5-a-side soccer facility.
With the development of the Westown Square retail hub the catalyst, Balwin’s Shongweni Eco Park and now Kaleido, puts Westown’s residential component firmly on the map.
Includes around 88 000 buildings and five million hectares of land.
Morningside Shopping Centre is now fully under the ownership of Flanagan & Gerard, with expansion plans in the works.
South Africa’s long-running semigration trend is slowing—with more households returning to inland provinces.