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WATCH | Inside the R92m 'Gatsby' mansion in Houghton

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The owners have never lived in the home, but functions were held there by their business associates.

However, Chas Everitt Luxury Portfolio CEO Rory O'Hagan disagreed, saying the luxury market in the country was now in recovery after a decline in late 2018 and early 2019.

O’Hagan said there had been increased interest in SA property among many high net-worth individuals from other parts of Africa, India and China, which have the fastest-growing numbers of millionaires. Seeff said a combination of political noise, landownership concerns and record-low confidence had played a huge role in the market.

 

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I will buy this house and live in it

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