The Muizenberg beachfront upgrades and refurbishment by the City of Cape Town will have a significant impact on the demand for, and further boost, property in the False Bay area says Seeff Property Group.

Anton Liebenberg of Seeff False Bay says the area experienced tremendous growth in sales and prices during the pandemic years, attracting a mix of residential and investment buyers including Airbnb operators with new developments popping up too.

“The market has been good for sellers with properties selling quite fast as demand remains high,” he says. “So much so, that there is a shortage of properties for sale. He adds that there is a waiting list of buyers wanting to relocate to the False Bay area, but sellers are seemingly holding onto their homes.”

False Bay’s price growth in 2020 versus 2025

Property owners tend to stay long-term with most sellers only moving for necessity such as downsizing due to empty nesting or relocating to retirement facilities.

However, buyers tend to be a mix of young and old – including families looking for a healthy lifestyle or people moving from the Southern Suburbs to be closer to the coast. There has been a notable uptick in international buyers according to data from Lightstone, often because they have been exposed to the area as tourists, and they tend to stick to the areas including Kalk Bay, St James and Simonstown.