It was barely a month ago when we discovered 2 bed apartments at The Orangerie, which had initially been on the market for +R3million were now being sold off for R2.5million.
Now Pam Golding has two more 2 bed units with an asking price of R2 395 000. And there is no transfer duty as it’s direct from the developer, which means that if you bought in the Orangerie and you’re trying to sell you are competing with the developer, who can probably cut prices again if required, and the buyer has to pay transfer.
Good luck!
Original Post on Cape Town Property Bubble: The Orangerie: Will The Bloodbath Stop?
