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Reading: The richest neighbourhood in Africa where homes sell for £2.3 million | World | News
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The richest neighbourhood in Africa where homes sell for £2.3 million | World | News

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Last updated: January 12, 2025 5:18 am
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Published: January 12, 2025
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And, Johannesburg’s northern district of Sandton is often called “Africa’s richest square mile”.

Craig Hutchison, CEO of luxury property firm Engel & Völkers South Africa, told Mansion Global that Sandton offers “a vibrant, fast-paced metropolitan lifestyle with all the amenities on offer” and boasts a warm, subtropical climate that makes it an attractive choice for high-net-worth individuals.

Beyond its luxurious homes, Sandton is a big business hub, home to some of Africa’s largest banks and companies. 

Johannesburg as a whole is also full of history and culture, with landmarks such as the Apartheid Museum and Constitution Hill telling the story of South Africa’s struggle against apartheid. 

The streets of Soweto are another must-see for visitors.

With a population of over eight million people, Johannesburg has a thriving economy driven by industries like finance, IT, and manufacturing.

However, the city also grapples with challenges, including crime, inequality, and housing shortages. 

In good news, efforts are ongoing to improve urban spaces and create safer living environments for residents.

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