Claremont & Newlands (prime, ~R140/sqm/mo · ≈ $8.43 PSF/yr USD) is one of 5 Cape Town Class A submarkets we track.
Claremont & Newlands (prime, ~R140/sqm/mo · ≈ $8.43 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) — Cape Town's trophy financial core. **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. **Woodstock & Salt River** (prime, R130/sqm/mo · ≈ $7.83 PSF/yr USD) — Creative-class repositioning frontier.
| city | Cape Town |
|---|---|
| submarket | Claremont & Newlands |
| tier | prime |
| averageRentLocal | R140/sqm/mo · ≈ $8.43 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.