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Status-driven Gauteng property buyers Status-driven individuals are buying homes in upmarket suburbs such as Sandhurst, Hyde Park, Bryanston, Westcliff, Houghton, Morningside and Illovo.Where to buy in JhbDespite all the current doom and gloom, there is still plenty of action in the Johannesburg property market. The question is where?Capital gains tax in South Africa: What you need to know In South Africa, Capital Gains Tax (CGT) applies to the disposal of various types of assets, including immovable property.