Claremont & Newlands is a prime-tier Cape Town submarket with average asking rent around R140/sqm/mo · ≈ $8.43 PSF/yr USD.

  • Average asking rent: R140/sqm/mo · ≈ $8.43 PSF/yr USD.
  • Tier: prime.
  • Citywide Class A rent context: R180/sqm/mo · ≈ $10.8 PSF/yr USD ($11 USD).
  • Citywide vacancy: 12.4% — submarket-level availability is typically tighter at prime tier.

Claremont & Newlands, Cape Town office rents and availability

Claremont & Newlands is a prime-tier Cape Town submarket with average asking rent around R140/sqm/mo · ≈ $8.43 PSF/yr USD.

TL;DR

  • Average asking rent: R140/sqm/mo · ≈ $8.43 PSF/yr USD.
  • Tier: prime.
  • Citywide Class A rent context: R180/sqm/mo · ≈ $10.8 PSF/yr USD ($11 USD).
  • Citywide vacancy: 12.4% — submarket-level availability is typically tighter at prime tier.

Where rent sits

Claremont & Newlands averages around R140/sqm/mo · ≈ $8.43 PSF/yr USD for Class A, against a citywide Class A index of 180. As a prime submarket, rent runs at or above city average with mostly tight availability.

Availability dynamics

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

Key facts

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

Frequently asked questions

What is the average Class A rent in Claremont & Newlands, Cape Town?
Around R140/sqm/mo · ≈ $8.43 PSF/yr USD. The citywide Class A index sits at R180/sqm/mo · ≈ $10.8 PSF/yr USD.

Related

Editorial provenance

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

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