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Sea Point · Building price report

Palm Garden Retreat, Sea Point: apartment prices, October 2026

6 Quendon Road, 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.

25 sales recorded in Palm Garden Retreat since 2023, median price R2.65m.

25 registered salesR35,700/m² median39 units
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Data: City of Cape Town public records, 25 registered sales, last updated October 2026.

By Samantha, Sellect · Sales registered Jan 2023 to Apr 2026 · Updated 21 October 2026 · Method
Gold: Palm Garden Retreat · grey: homes sold in Sea Point since 2023

Palm Garden Retreat in 60 seconds

City of Cape Town registered sales · method at the bottom of the page
R2.65mMedian sale price since 2023 (72 m² median)
R35,700Median price per m² since 2023
11 salesR42,300Median price per m², 2025 and 2026
R62,000/m²−32 %Compared with the Sea Point apartment median per m²
R950k to R4.60m25Registered sales since January 2023
R18,700/moEstimated rent for a median 72 m² unit
estimate8.5 %Estimated gross yield (5.5 % net)
39Residential units on the 2025 valuation roll
What is your home worth in Sea Point?Compare your unit with every sale in Palm Garden Retreat: a value range, the rent and the net yield, in 60 seconds. Free.
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1The building

About Palm Garden Retreat

With 39 residential units on the 2025 valuation roll, about 64 % of the building changed hands in under four years. Among 108 Sea Point buildings with at least five sales since 2023, Palm Garden Retreat ranks below the neighbourhood median by price per m² (number 80). The highest price registered here since 2023 was R4.60m, for a unit of 129 m², in Oct 2025. The units that changed hands range from 30 m² to 129 m², mostly one- and two-bedroom sizes (median 72 m²).

2Prices and trend

What Palm Garden Retreat 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 Palm Garden Retreat sell for about 32 % less per m² than the Sea Point median, a way into the neighbourhood below its usual price level. Units sold range from 30 m² to 129 m², with a median of 72 m². 25 sales were registered since January 2023, the most in 2024 (8). The median price per m² moved from R27,000 in 2023 and 2024 to R42,300 in 2025 and 2026, +56 %. Since July 2025, units here sold for a median of −6 % their 2025 municipal value.

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

Median price per m² by year

R23k20236 salesR32k20248 salesR39k20257 salesR52k20264 sales

Number of sales under each year. 2026 is partial.

Against the neighbourhood

Palm Garden RetreatR42,300
Sea Point medianR62,000
BordeauxR47,600
The CenturionR57,200
RapalloR48,600

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

YearSalesMedian priceMedian price per m²
20264R3.50mR51,919
20257R3.45mR38,710
20248R2.60mR31,871
20236R1.82mR22,820
3Recent sales

Every sale registered in Palm Garden Retreat 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
Apr 202651 m²R2.00mR39,216
Mar 202679 m²R4.50mR56,962
Jan 202670 m²R4.00mR57,143
Jan 202664 m²R3.00mR46,875
Oct 202571 m²R3.45mR48,592
Oct 2025129 m²R4.60mR35,659
May 202552 m²R2.20mR42,308
Apr 2025125 m²R4.50mR36,000
Apr 202531 m²R1.20mR38,710
Mar 202579 m²R3.70mR46,835
Feb 202567 m²R2.40mR35,821
Nov 202430 m²R950kR31,667
Aug 2024106 m²R3.40mR32,075
Jun 202465 m²R1.47mR22,615
Jun 202480 m²R2.65mR33,125
May 202479 m²R2.55mR32,278
May 2024116 m²R2.90mR25,000
Mar 202436 m²R1.40mR38,889
Jan 2024116 m²R3.38mR29,095
Oct 202372 m²R1.50mR20,833
Oct 2023129 m²R3.20mR24,806
Oct 2023125 m²R3.12mR25,000
Aug 202352 m²R2.00mR38,462
Jun 202390 m²R1.65mR18,333
Jan 202367 m²R1.20mR17,910
4Rent and yield

What a unit in Palm Garden Retreat 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

R18,700 /month

A 72 m² unit at the building median of R2.65m would rent for about R18,700 a month: a gross yield of about 8.5 % and about 5.5 % 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 Palm Garden Retreat

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

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Frequently asked questions

How much does an apartment in Palm Garden Retreat cost?

Since January 2023, 25 apartments were registered as sold in Palm Garden Retreat, Sea Point, at a median of R2.65m for 72 m², or R35,700 per m². Prices ranged from R950k to R4.60m.

Is Palm Garden Retreat expensive for Sea Point?

Units in Palm Garden Retreat sell for a median of R42,300 per m², 32 % below the Sea Point apartment median of R62,000 per m² for sales since January 2025.

What rent can I get for a flat in Palm Garden Retreat?

About R18,700 a month for a 72 m² unit, a gross yield of about 8.5 % (5.5 % 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

Kew Gardens90 m awayTrafalgar Place110 m awayQuendon Mansions130 m away

Other buildings in Sea Point

Bordeaux49 salesThe Centurion30 salesRapallo26 salesThe President Hotel26 sales23 Arthurs Road22 salesPortman Place19 salesThe Pavilion19 salesCrest18 sales
Sea Point property pricesRental yield in Sea PointAtlantic Seaboard
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.