Auctioneers bank on Cape Town sales as bright lights attract semigrants
Business opportunities, electricity supply and lifestyle are drawcards for buyers and investors
14 February 2023 - 18:13
Semigration and favourable load-shedding schedules are fuelling demand for commercial and residential property in the Western Cape, particularly in Cape Town.
According to Lightstone data, semigration — the movement of people from one city or province to another — to the Western Cape outstrips all other regions and is greater than the combined total influx to Gauteng and KwaZulu-Natal. Lifestyle appeal and good governance is behind semigration of people into the province, it says...
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