1. Home
  2. City Bowl
  3. Cape Town City Centre
  4. The Square
City Centre · Building price report

The Square, City Centre: apartment prices, October 2026

64 Buitenkant Street, a sectional-title scheme registered in 2006. Every sale registered here since January 2023, with the price per m², the trend and what a unit would rent for.

63 sales recorded in The Square since 2023, median price R1.27m.

63 registered salesR29,000/m² median
Value my apartment in The Square

Data: City of Cape Town public records, 63 registered sales, last updated October 2026.

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

The Square in 60 seconds

City of Cape Town registered sales · method at the bottom of the page
R1.27mMedian sale price since 2023 (43 m² median)
R29,000Median price per m² since 2023
33 salesR31,100Median price per m², 2025 and 2026
R49,400/m²−37 %Compared with the City Centre apartment median per m²
R750k to R3.50m63Registered sales since January 2023
R9,600/moEstimated rent for a median 43 m² unit
estimate9.0 %Estimated gross yield (5.7 % net)
What is your home worth in City Centre?Compare your unit with every sale in The Square: a value range, the rent and the net yield, in 60 seconds. Free.
Value my flat
1The building

About The Square

Apartment block on the corner of Buitenkant and Roeland Streets, a few minutes' walk from the South African National Gallery, with an outdoor pool and a gym. By price per m², The Square sits at number 25 of the 37 City Centre buildings with five sales or more since 2023, below the neighbourhood median. One unit was bought and resold within the period. The sectional-title scheme was registered in 2006. The highest price registered here since 2023 was R3.50m, for a unit of 172 m², in Sep 2024.

Source: The Square Apartments by CTHA, Expedia

2Prices and trend

What The 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 Square sell for about 37 % less per m² than the City Centre median, a way into the neighbourhood below its usual price level. Units sold range from 22 m² to 172 m², with a median of 43 m². 63 sales were registered since January 2023, the most in 2025 (25). The median price per m² moved from R27,300 in 2023 and 2024 to R31,100 in 2025 and 2026, +14 %.

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

Median price per m² by year

R26k202313 salesR28k202417 salesR31k202525 salesR31k20268 sales

Number of sales under each year. 2026 is partial.

Against the neighbourhood

The SquareR31,100
City Centre medianR49,400
Mandela Rhodes PlaceR35,500
IconR37,500
Senator ParkR31,700

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

YearSalesMedian priceMedian price per m²
20268R1.55mR31,176
202525R1.38mR31,081
202417R1.38mR27,639
202313R1.10mR25,980
3Recent sales

Every sale registered in The 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 202629 m²R1.05mR36,207
Jun 202628 m²R1.30mR46,429
May 2026105 m²R2.30mR21,905
Apr 202634 m²R1.10mR32,353
Mar 202681 m²R2.05mR25,309
Mar 202665 m²R1.95mR30,000
Feb 202633 m²R1.50mR45,455
Jan 202662 m²R1.60mR25,806
Dec 202554 m²R1.75mR32,407
Dec 202563 m²R1.65mR26,190
Nov 2025148 m²R2.40mR16,182
Nov 202536 m²R1.25mR34,722
Oct 202538 m²R1.38mR36,184
Sep 202531 m²R1.17mR37,742
Aug 202531 m²R1.13mR36,452
Jul 202566 m²R1.90mR28,788
Jul 2025138 m²R2.70mR19,565
Jul 202522 m²R970kR44,091
Jul 202527 m²R950kR35,185
May 202534 m²R900kR26,471
May 202546 m²R1.90mR41,304
May 202539 m²R1.10mR28,205
May 202555 m²R1.50mR27,273
Mar 202537 m²R1.15mR31,081
Mar 202534 m²R1.02mR30,000
Feb 202589 m²R1.20mR13,483
Feb 202545 m²R1.85mR41,167
Feb 202551 m²R1.59mR31,275
Jan 202543 m²R1.50mR34,767
Jan 202571 m²R1.85mR26,056
Jan 202529 m²R840kR28,966
Jan 202538 m²R1.27mR33,553
Jan 202566 m²R2.00mR30,303
Dec 202425 m²R795kR31,800
Nov 2024137 m²R2.05mR14,964
Nov 202436 m²R1.10mR30,556
Oct 2024108 m²R1.60mR14,815
Oct 202451 m²R1.40mR27,451
Oct 202455 m²R1.60mR29,091
Sep 2024172 m²R3.50mR20,349

The 40 most recent of 63 sales.

4Rent and yield

What a unit in The 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

R9,600 /month

A 43 m² unit at the building median of R1.27m would rent for about R9,600 a month: a gross yield of about 9.0 % and about 5.7 % 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 Square

Your floor, view, size and condition move the price. Your free report compares your unit with every sale in The Square and gives a value range, the rent and the net yield, in 60 seconds.

Value my flat in The Square

Own a flat in The Square?

Get a value range built from the sales above, in 60 seconds. Free, and no agent will call you.

Value my flat in The Square

Frequently asked questions

How much does an apartment in The Square cost?

Since January 2023, 63 apartments were registered as sold in The Square, City Centre, at a median of R1.27m for 43 m², or R29,000 per m². Prices ranged from R750k to R3.50m.

Is The Square expensive for City Centre?

Units in The Square sell for a median of R31,100 per m², 37 % 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 Square?

About R9,600 a month for a 43 m² unit, a gross yield of about 9.0 % (5.7 % 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

Lynwol Flats170 m awayCannon Gardens190 m awayThe Piazza on Church Square460 m away

Other buildings in City Centre

Mandela Rhodes Place76 salesIcon57 salesSenator Park54 salesHarbouredge32 salesThe Adderley25 salesThe Rockwell25 salesPepper Club23 salesVictoria Junction23 sales
City Centre property pricesRental yield in City CentreCity Bowl
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.