As one of South Africa's most vibrant, high energy commercial centres, Sandton Central has become an investment hotspot for both local and international property investors. The district developed rapidly over the last few years with Manhattan-style skyscrapers contributing to the overall beauty and elegance of Sandton Central.

A rare opportunity to buy a prime vacant development site in Sandton is attracting huge interest from investors and developers. The property, in the high-demand Sandton node, will be auctioned by Auction Alliance in February.

Exclusive apartment living on a par with some of the great cities in the world is coming to Sandton.

Seven penthouse apartments, with prices ranging from R9m up to more than R17m are to be built on top of the new R650m office development, Katherine & West in the Sandton Gate precinct.

While property price growth of second hand homes remains subdued, the upper end of the newly built sectional title market appears to be bucking the trend.

This is particularly evident in the northern suburbs of Johannesburg where developers of luxury apartments are returning to the market. Barrow Properties, Group Five and Amabubesi Property Group this week announced plans to build seven penthouse apartments on the top of the new Katherine & West office development opposite Sandton City and the Gautrain station.

The skyline of the Sandton CBD is rapidly evolving with the swift progress of the Sandton City Shopping Centre extension. Its futuristic steel roof structure, which proudly adorns the new entrance court to the South East extension, has been completed.