|Ranking||City||US$ per square metre (2017)|
|1.||Cape Town (Bantry Bay and Clifton)||6100|
|2.||Durban (Lagoon Drive in Umhlanga)||2900|
|3.||Johannesburg (Central Sandton)||2800|
DURBAN - Residential property makes up between 30% and 35% of the net assets of the average Africa High Net Worth Individual according to The AfrAsia Bank Africa Wealth Report from New World Wealth.
A High Net Worth Individual (HNWI) according to the report is a person that is a person that has a wealth of $1 million or more.
Properties that are popular with HNWI include luxury apartments, beachfront villas and homes in residential estates.
Below is a table that shows the top ten most expensive cities in Africa for residential property:
The other cities that were also mentioned on the list but didn't feature in the top ten include Lagos, Abidjan, Maputo, Cairo and Kampala.
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