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Sandton property is very highly in demand for a number of reasons. The first is that Sandton is definitely the business capital of Gauteng. Which means that any kind of Sandton property is likely to be much more costly than most properties in others parts of Gauteng. The further away from Sandton you get, the more affordable most properties are going to be.
It’s also smart to note that Sandton property tends to be smaller than properties in other areas of the town. It is because the land in Sandton is a premium commodity because of all the companies that take a priority. You could get a lot more property and a far larger house for the same cost if you buy property somewhere else in Gauteng. You can still reside within 20 kms of the business centre and get good value for money in terms of property.
Many Sandton properties are usually really small. The concept would be to save space. The more people that real estate professionals and land developers can fit into one space the better in their eyes. This is because Sandton property is so very high in demand that people may well be more prepared to pay large amounts of money for it.
Then there’s the actual traffic. Since Sandton is the business capital of Gauteng this would mean that there will always be lots of traffic in and around Sandton because of the number of people having to travel to and from work on an every day basis.
Sandton property does have some benefits to it. For one the Gautrain is extremely easily accessible from many places in Sandton. The Gautrain is the train which goes in between Johannesburg and the primary airport. Another benefit is it is the business capital of Gauteng. Which means that if you reside in Sandton the probability is that you live very near to your place of work. This can dramatically lower your travelling costs. The properties within Sandton will also be very close to a wide number of stores and shopping centres. This means that you will easily be able to set up a night out with your friends because everything is nice and close by.