In the high interest rates environment, South Africa is likely to see continued demand for developments that combine lifestyle appeal, infrastructure certainty, security, and mixed-use resilience.

If interest rates remain elevated for longer, South Africa is likely to see increased demand for affordable, high-quality lifestyle regions, particularly along the KZN South Coast, where value per square metre remains significantly stronger than in many saturated metropolitan markets.

The next phase of the property sector will continue to be driven by lifestyle-led migration away from dense urban centres, alongside growing demand for secure, self-contained estates that offer integrated amenities and long-term convenience, says Barto van der Merwe, the managing director of Renishaw Coastal Precinct.

He says these developments tend to provide greater value, stability and resilience across economic cycles.

“At Renishaw Coastal Precinct, we are already seeing increased interest from buyers and investors seeking developments that continue to perform well despite shifting economic conditions and interest rate pressures.”