Adjustments to transfer duty on property in the 2016 national Budget are to impact only the upper end of the residential property market.

Described as being well ahead of its time, ‘The Houghton’ offers a choice of luxurious apartments from ground to penthouse level, with unparalleled safety, magnificent views and a private 168-acre parkland - all within a heartbeat from the city.

Developers are fetching record prices in a number of new luxury apartment buildings in sought-after areas of Cape Town and Johannesburg.