"land value" tag

Wescape: Why build a new city for 800, 000 people more than 40km away from Cape Town? | FUTURE CAPE TOWN

The City of Cape Town has approved the moving of the urban edge to accommodate the creation of a new city 20 kilometres from Cape Town up the west coast – we explore some of the pressing issues around this development.

Article on City of Cape Town land purchase unbalanced

Statement by Rashiq Fataar (Editor of Future Cape Town)
09 March 2012
We find the the article, “City’s R106m parking lot” which appeared online and in The Cape Times on 9 March 2012, to be unbalanced and potentially misleading, in light of the actual prevailing property market conditions and environment.
The R106 million paid for the undeveloped open-air […]