Is Balwin Properties  too bold for the SA market?

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A penthouse going for R80  million, and more than 5  000 apartments — all in one development. That’s a big price tag for Gauteng (and for South Africa in general). When it comes to some of the Balwin Properties developments, it makes me wonder who the buyers of these apartments and luxury penthouse are. Who lives in them?

Balwin Properties was established in 1996 and is the largest sectional title property developer in South Africa. In 2015, it went public and was listed on…



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