V&A Waterfront (trophy, ~R240/sqm/mo · ≈ $14.4 PSF/yr USD) is one of 5 Cape Town Class A submarkets we track.

  • V&A Waterfront sits at trophy tier.
  • Average rent R240/sqm/mo · ≈ $14.4 PSF/yr USD vs city average 180.
  • Compared submarkets: CBD & Foreshore (trophy), Century City (prime), Claremont & Newlands (prime).

V&A Waterfront vs other Cape Town submarkets

V&A Waterfront (trophy, ~R240/sqm/mo · ≈ $14.4 PSF/yr USD) is one of 5 Cape Town Class A submarkets we track.

TL;DR

  • V&A Waterfront sits at trophy tier.
  • Average rent R240/sqm/mo · ≈ $14.4 PSF/yr USD vs city average 180.
  • Compared submarkets: CBD & Foreshore (trophy), Century City (prime), Claremont & Newlands (prime).

Side-by-side with peers

**CBD & Foreshore** (trophy, R220/sqm/mo · ≈ $13.2 PSF/yr USD) — Cape Town's trophy financial core. **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.

Key facts

cityCape Town
submarketV&A Waterfront
tiertrophy
averageRentLocalR240/sqm/mo · ≈ $14.4 PSF/yr USD
cityClassARentUsd$11/sqft/yr
cityVacancyPct12.4%

Frequently asked questions

What other submarkets compete with V&A Waterfront in Cape Town?
CBD & Foreshore, Century City, Claremont & Newlands

Related

Editorial provenance

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

Primary sources for this page

Full sources index · Submit a correction

Related topics