[WATCH] Executive Mayor of Polokwane, Cllr Makoro John Mpe shares his reflections on the city’s remarkable property boom.

 

Polokwane has proven itself to be more than just Limpopo’s administrative capital — it is a growing economic hub where opportunities thrive.

 

From an average property value of R580,000 a decade ago to about R1.5 million today, Polokwane stands as the one city where property values have shown extraordinary growth.

 

According to Seeff Polokwane’s Oliver Moorcroft, the strongest demand is currently below R1.5 million and above R3 million, a sign of both a growing middle-class market and a robust high-end segment.

 

BusinessTech further highlights how the city, officially named Polokwane in 2005, has transformed into a modern centre boasting shopping malls, restaurants, entertainment venues and thriving residential estates.

 

Cllr Mpe says this growth is proof of Polokwane’s rising stature as a city of choice for investors, families, and businesses alike.

 

Watch the Executive Mayor’s full impression here