How many Class A submarkets are in Cape Town?

5, ranging from trophy (CBD & Foreshore) down to established and emerging clusters.

Cape Town has 5 distinct Class A submarkets we track, anchored by CBD & Foreshore at the trophy tier.

5 submarkets covered.
Trophy tier: CBD & Foreshore, V&A Waterfront.
Prime tier: Century City, Claremont & Newlands, Woodstock & Salt River.
Established/emerging tier: —.

Cape Town Class A submarkets

Cape Town has 5 distinct Class A submarkets we track, anchored by CBD & Foreshore at the trophy tier.

TL;DR

5 submarkets covered.
Trophy tier: CBD & Foreshore, V&A Waterfront.
Prime tier: Century City, Claremont & Newlands, Woodstock & Salt River.
Established/emerging tier: —.

By tier

**CBD & Foreshore** (trophy, ~R220/sqm/mo · ≈ $13.2 PSF/yr USD) — Cape Town's trophy financial core. **V&A Waterfront** (trophy, ~R240/sqm/mo · ≈ $14.4 PSF/yr USD) — Mixed-use trophy waterfront. **Century City** (prime, ~R160/sqm/mo · ≈ $9.63 PSF/yr USD) — Master-planned suburban Class A. **Claremont & Newlands** (prime, ~R140/sqm/mo · ≈ $8.43 PSF/yr USD) — Suburban professional services belt. **Woodstock & Salt River** (prime, ~R130/sqm/mo · ≈ $7.83 PSF/yr USD) — Creative-class repositioning frontier.

Key facts

city	Cape Town
country	South Africa
region	EMEA
classARentLocal	180 ZAR/sqft/yr
classARentUsd	$10/sqft/yr
vacancy	12.4%
typicalLeaseYears	5
typicalRentFreeMonths	5
submarkets	5
primeYieldPct	8.6%
trophyCount	2
primeCount	3

Frequently asked questions

How many Class A submarkets are in Cape Town?: 5, ranging from trophy (CBD & Foreshore) down to established and emerging clusters.

Editorial provenance

Reviewed by Samuel Okafor — EMEA contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.

Primary sources for this page

CBRE Marketview reports — CBRE
JLL Office Insight — JLL
Cushman & Wakefield Marketbeat — Cushman & Wakefield
Savills World Research — Savills
Colliers Global Office Outlook — Colliers

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