Claremont & Newlands is best-fit for banking back-office, insurance, tech, professional services.

  • Tier: prime.
  • Tenant fit: Banking back-office, insurance, tech, professional services.
  • Average rent R140/sqm/mo · ≈ $8.43 PSF/yr USD.

Claremont & Newlands, Cape Town: best fit for…

Claremont & Newlands is best-fit for banking back-office, insurance, tech, professional services.

TL;DR

  • Tier: prime.
  • Tenant fit: Banking back-office, insurance, tech, professional services.
  • Average rent R140/sqm/mo · ≈ $8.43 PSF/yr USD.

Best fit

Banking back-office, insurance, tech, professional services.

Less good fit

Tenants demanding the absolute top-of-market trophy address may find prime tier just below their target.

Key facts

cityCape Town
submarketClaremont & Newlands
tierprime
averageRentLocalR140/sqm/mo · ≈ $8.43 PSF/yr USD
cityClassARentUsd$11/sqft/yr
cityVacancyPct12.4%

Frequently asked questions

Is Claremont & Newlands the right fit for my office?
Banking back-office, insurance, tech, professional services. If your profile aligns, yes. If your priority is cost over address, consider value-tier submarkets first.

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Editorial provenance

Reviewed by Samuel Okafor — EMEA contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.

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