Back in June 2009 I reported that despite claiming 1 of the 3 penthouses had been sold at the One&Only V&A Waterfront for a record breaking R110 million, all three were seemingly still on sale.
The Sunday Times then reported in August of that year that in fact the sale had seemingly been staged by Sol Kerzner to himself. This was vigorously denied by the agents involved (Seeff Atlantic Seaboard) with many a disapproving harumph.
On Sunday The Sunday Times ran an article about a property under construction that will supposedly eclipse that record price and they started that article with:
Hotel magnate Sol Kerzner, who co-owns the country’s most expensive home, is about to lose his bragging rights.
An double-storey mansion still under construction is on the market for R110-million – and the developers are entertaining offers from five international jet-set celebrities.
Kerzner bought his 800m² duplex apartment, which runs across the top two floors of the One&Only Hotel in Cape Town‘s V&A Waterfront, for a record R109-million in 2008.
So they seem to be confidently stating that Kerzner was in fact the buyer, or at least the co-buyer. I’ll consider that case closed.
Original Post on Cape Town Property Bubble: Sunday Times Still Claims Sol Kerzner Staged One&Only Sale
