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R195m Kenako Mall in Port Elizabeth Measuring 20 000 square metres, the R195 million Kenako Mall in Ibhayi, Port Elizabeth in the Eastern Cape will be open on 25 April 2013. Property market highlights and insights for 2025The South African property market in 2024 has been anything but stagnant. With exciting shifts in buyer behaviour, rental trends, and investment opportunities, this year has been a whirlwind of activity and adaptation.Luxury property market: What sets it apart is more than price What sets the luxury market apart is its independence from broader economic trends and understanding what drives this market requires looking beyond the numbers to the intangibles that define true luxury.