Reader BG writes:
The Claremont is a fairly new development on Claremont Main Rd. Last year bachelor apartments had an asking price of R650000 while 1 bed apartments were going for R850000. This year a 1 bed is going for R550000 negotiable! I’m unsure if that’s for a bachelor apartment (15% asking price drop) or for a 1 bed apartment, which would be a 35% drop in asking price!
Original Post on Cape Town Property Bubble: The Claremont: Asking Prices Crater
