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City Centre · Building price report

The Piazza on Church Square, City Centre: apartment prices, October 2026

39 Adderley Street, a sectional-title scheme registered in 2005. Every sale registered here since January 2023, with the price per m², the trend and what a unit would rent for.

31 sales recorded in The Piazza on Church Square since 2023, median price R2.30m.

31 registered salesR33,300/m² median
Value my apartment in The Piazza on Church Square

Data: City of Cape Town public records, 31 registered sales, last updated October 2026.

By Samantha, Sellect · Sales registered Apr 2023 to Jul 2026 · Updated 21 October 2026 · Method
Gold: The Piazza on Church Square · grey: homes sold in City Centre since 2023

The Piazza on Church Square in 60 seconds

City of Cape Town registered sales · method at the bottom of the page
R2.30mMedian sale price since 2023 (77 m² median)
R33,300Median price per m² since 2023
15 salesR33,300Median price per m², 2025 and 2026
R49,400/m²−32 %Compared with the City Centre apartment median per m²
R1.40m to R7.30m31Registered sales since January 2023
R16,700/moEstimated rent for a median 77 m² unit
estimate8.7 %Estimated gross yield (5.4 % net)
What is your home worth in City Centre?Compare your unit with every sale in The Piazza on Church Square: a value range, the rent and the net yield, in 60 seconds. Free.
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1The building

About The Piazza on Church Square

A secure city centre block on Church Square, a minute's walk from the Houses of Parliament, with an in-house swimming pool, gym and 24-hour concierge. The sectional-title scheme was registered in 2005. Among 37 City Centre buildings with at least five sales since 2023, The Piazza on Church Square ranks below the neighbourhood median by price per m² (number 19). Its top sale since 2023: R7.30m for 136 m², registered in Dec 2025. The units that changed hands range from 48 m² to 136 m², mostly one- and two-bedroom sizes (median 77 m²).

Source: Piazza on Church 906, Plek

2Prices and trend

What The Piazza on Church Square sells for

Medians of registered sales. With a handful of sales a year, the mix of units sold moves these figures: read the trend with care.

Apartments in The Piazza on Church Square sell for about 32 % less per m² than the City Centre median, a way into the neighbourhood below its usual price level. Units sold range from 48 m² to 136 m², with a median of 77 m². 31 sales were registered since January 2023, the most in 2025 (12). The median price per m² moved from R31,200 in 2023 and 2024 to R33,300 in 2025 and 2026, +7 %.

Floor, view and condition move the price of each unit: value your apartment in The Piazza on Church Square against these sales, free.

Median price per m² by year

R26k20235 salesR37k202411 salesR31k202512 salesR38k20263 sales

Number of sales under each year. 2026 is partial.

Against the neighbourhood

The Piazza on Church SquareR33,300
City Centre medianR49,400
Mandela Rhodes PlaceR35,500
The SquareR31,100
IconR37,500

Median price per m², sales since January 2025 where available. City Centre median: apartments sold since January 2025.

YearSalesMedian priceMedian price per m²
20263R2.95mR38,158
202512R2.20mR31,380
202411R3.80mR37,209
20235R1.62mR25,806
3Recent sales

Every sale registered in The Piazza on Church Square since 2023

Month of registration, unit size and price, as published by the City of Cape Town. Unit numbers and owners are not shown.

RegisteredSizePricePrice per m²
Jul 202676 m²R3.35mR44,079
Jun 202678 m²R2.95mR37,821
May 202676 m²R2.90mR38,158
Dec 2025136 m²R7.30mR53,676
Sep 202548 m²R1.55mR32,292
Jul 202564 m²R1.95mR30,469
Jul 202566 m²R2.20mR33,333
Jun 202593 m²R2.40mR25,806
Jun 202576 m²R2.00mR26,316
May 202572 m²R2.50mR34,722
Apr 202593 m²R2.20mR23,656
Apr 202577 m²R1.95mR25,325
Mar 202578 m²R1.46mR18,736
Mar 202585 m²R3.90mR45,882
Feb 202565 m²R2.30mR35,385
Nov 2024120 m²R4.50mR37,500
Oct 202485 m²R4.60mR54,118
Aug 202478 m²R2.60mR33,333
Aug 202484 m²R2.03mR24,167
Jul 202462 m²R1.77mR28,548
Jun 202462 m²R1.79mR28,871
Apr 202494 m²R3.80mR40,426
Apr 202486 m²R3.20mR37,209
Apr 202485 m²R3.90mR45,882
Feb 202485 m²R3.85mR45,294
Feb 2024136 m²R4.75mR34,926
Aug 202364 m²R1.70mR26,562
Jul 202366 m²R1.62mR24,545
May 202377 m²R1.70mR22,078
May 202362 m²R1.60mR25,806
Apr 202348 m²R1.40mR29,167
4Rent and yield

What a unit in The Piazza on Church Square would earn

Estimates, not observed rents: Sellect model from the price level, the same as in your free report.

Estimate

Rent for a median unit

R16,700 /month

A 77 m² unit at the building median of R2.30m would rent for about R16,700 a month: a gross yield of about 8.7 % and about 5.4 % net, after rates, levies, management and empty months.

Rates at the City’s 2026/27 residential rate, levies estimated at R45 per m² a month, management 8 %, vacancy 4 %.

Your unit

Value your flat in The Piazza on Church Square

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Frequently asked questions

How much does an apartment in The Piazza on Church Square cost?

Since January 2023, 31 apartments were registered as sold in The Piazza on Church Square, City Centre, at a median of R2.30m for 77 m², or R33,300 per m². Prices ranged from R1.40m to R7.30m.

Is The Piazza on Church Square expensive for City Centre?

Units in The Piazza on Church Square sell for a median of R33,300 per m², 32 % below the City Centre apartment median of R49,400 per m² for sales since January 2025.

What rent can I get for a flat in The Piazza on Church Square?

About R16,700 a month for a 77 m² unit, a gross yield of about 8.7 % (5.4 % net). This is a Sellect estimate from the price level; your free report adjusts it to your unit.

Where do these figures come from?

From sales registered at the Deeds Office and published by the City of Cape Town, analysed by Sellect. Bundles, parking bays, storerooms and implausible prices are excluded. Figures are medians and indicative, not a valuation.

Nearby buildings

Other buildings in City Centre

Sources and method. City of Cape Town, registered sales and 2025 General Valuation Roll, analysed by Sellect; data updated 21 October 2026. Sales are shown per building, without unit numbers or owners’ names. Rents and yields are Sellect estimates. Figures are indicative, not a valuation.