The most expensive province for shopping malls in South Africa

• The Western Cape is the most expensive province for shopping malls in South Africa, with high rental costs and strong demand for retail space.
• The high rental costs in the Western Cape are driven by strong demand from tourists and wealthy locals, as well as the area's high property market prices, which are significantly higher than in other provinces.
• The Western Cape's high earnings potential is expected to continue, despite the high rental costs, with the Clur Index noting a 5.2% increase in trading density in the first quarter of 2026 compared to the previous quarter.