New Cape Town Developments: R781m Golden Acre sale + R20bn Granger Bay Expansion plan

Cape Town’s second-tallest skyscraper is on the rise 

Demolition crews have moved in on the corner of Bree and Strand Streets, making way for a dramatic new addition to Cape Town’s skyline. The One on Bree development will soon climb to 131 metres over 41 floors, officially ranking as the city’s second-tallest skyscraper once complete. 

The mixed-use tower promises to be a self-contained vertical village, featuring more than 500 hotel rooms, 270 residential apartments, a rooftop pool perched on the 22nd floor, and over 4,000 square metres of retail space.

The developers are retaining the historic corner façade, blending the modern glass tower with a touch of heritage character. Construction is set to run through to 2028, reshaping the CBD with a bold new silhouette that will be impossible to miss.

The Regent sold for R150m – big plans ahead in Sea Point 

The Atlantic Seaboard suburb of Sea Point is in for another shake-up with the sale of The Regent for R150 million. Situated opposite Mojo Market, the seven-storey mixed-use block (5,434 m² with 103 parking bays) has been acquired by Quorum Holdings - a developer already familiar with the strip thanks to Lady Backs, the 60-apartment building a little further along Regent Road. 

Quorum has made waves with projects like The Valour in De Waterkant and Charlie & The Chairman in the CBD, all of which are known for combining sleek design with market appeal. The Regent will undergo a major transformation, with retail planned for the ground and first floors, and new residential units stacked above.

If Quorum’s track record is anything to go by, Sea Point is about to get a serious upgrade - with renders of this development expected to drop soon. 

Clifton’s Pentagon villa sets new record

Earlier this month, Cape Town’s luxury property market outdid itself yet again. The famed Pentagon Villa in Clifton was sold for an eye-watering R157.5 million, setting the record for South Africa’s priciest residential deal of 2025.

Perched high on Nettleton Road with sweeping ocean views, the SAOTA-designed mansion is a masterclass in contemporary excess: five en-suite bedrooms, private cinema, gym, lift, staff quarters and an entertainment level that flows onto a rim-flow pool terrace.

The buyer - reportedly a South African - has secured not just a home, but a trophy asset in one of the world’s most desirable postcodes. It’s a deal that confirms Cape Town remains firmly on the global luxury radar. 

Granger Bay: A tidal pool future at the Waterfront

Fancy a bit of ‘wild swimming’ in a new tidal pool, followed by sunset cocktails on the breakwater? That’s the vision on the table as the V&A Waterfront unveils early plans for a massive Granger Bay expansion, part of a R20-billion development pipeline stretching over the next two decades.

The proposal would reclaim roughly 290,000 square metres of land from Table Bay - about 35 rugby fields’ worth - to build a mixed-use precinct of apartments, hotels, offices and retail, wrapped around new public leisure spaces. Think coastal promenades linking Mouille Point, sheltered swimming bays, and a network of tidal pools for locals to dive into. 

Long-standing institutions, such as the Oranjezicht City Farm Market and Oceana Power Boat Club, will also be incorporated into the design, ensuring continuity of community spaces. For now, the project is still in its earliest stages: a public participation process is underway, with concerns raised over kelp forests, dolphins and rock lobster habitats. Paperwork alone could take years, with public participation open until 1 September  - but if the vision goes ahead, Cape Town could soon boast an entirely new stretch of accessible urban coastline.