Pipe dream prices

Financial Mail - Investors Monthly - - Opening Bell -

Real es­tate agents say buy­ers are be­com­ing in­creas­ingly re­luc­tant to pay ex­or­bi­tant prices on Cape Town’s uber-luxury At­lantic Seaboard. While top-end prices in ex­clu­sive sub­urbs such as Fres­naye, Camps Bay and Clifton con­tinue to test new highs, buy­ers are now dig­ging in their heels when prop­er­ties ap­pear to be over­priced, says Adrian Mauer­berger, a Se­eff sec­tional-title spe­cial­ist.

“Buy­ers are still on the hunt for luxury

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