CBD & Foreshore (trophy, ~R220/sqm/mo · ≈ $13.2 PSF/yr USD) is one of 5 Cape Town Class A submarkets we track.
CBD & Foreshore (trophy, ~R220/sqm/mo · ≈ $13.2 PSF/yr USD) is one of 5 Cape Town Class A submarkets we track.
**V&A Waterfront** (trophy, R240/sqm/mo · ≈ $14.4 PSF/yr USD) — Mixed-use trophy waterfront. **Century City** (prime, R160/sqm/mo · ≈ $9.63 PSF/yr USD) — Master-planned suburban Class A. **Claremont & Newlands** (prime, R140/sqm/mo · ≈ $8.43 PSF/yr USD) — Suburban professional services belt. **Woodstock & Salt River** (prime, R130/sqm/mo · ≈ $7.83 PSF/yr USD) — Creative-class repositioning frontier.
| city | Cape Town |
|---|---|
| submarket | CBD & Foreshore |
| tier | trophy |
| averageRentLocal | R220/sqm/mo · ≈ $13.2 PSF/yr USD |
| cityClassARentUsd | $11/sqft/yr |
| cityVacancyPct | 12.4% |
Reviewed by Samuel Okafor — EMEA contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.