Optimism reigns at Savile Row.

Byline: Madden Cole

Optimism reigns at Savile Row MD says many buyers have shown interest in stock on offer at February sale SAVILE Row Auctions held its last property auction for the year at Summer Place yesterday, ending the year on an optimistic note. Commercial property should dominate the market next year, but the residential market will pick up. I feel that this segment of the market has already turned the corner, MD Mark Kleynhans said. There is still excellent value in the market and it is pleasing to see the number of buyers who have expressed interest in the stock we have on offer for our auction in February. The top price of R40m was bid for development land in the …