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Cape Winelands’ commercial property market boomingThe influx of semigrants is driving up demand for commercial property in the Cape Winelands, offering returns of up to R300 per square metre a month.Paarl Cape Dutch manor for R12.75mNestled at the foot of the Klein Drakenstein mountains, a luxurious five bedroom thatched manor home in Dal Josafat, Paarl, is on sale for R12.75m.Expectations for another interest rate cut in November On 21 November 2024, the Monetary Policy Committee will deliver their decision regarding the interest rate. With South Africa's inflation easing and global central banks cautiously beginning rate cuts, the overall sentiment is that there is likely to be a further cut of around 0.25%.