Africa-Press – South-Africa. Cape Town property owners are encouraged to review their latest municipal property valuations.
The City of Cape Town has released its new property valuations, General Valuation Roll (GV2025), alongside a proposed 10.2% cut in the rate-in-the-rand to ease the burden on homeowners.
Storm MacLennan of Jawitz Properties said the reduction is a responsible move by the city.
“It recognises that property values have increased and that households are under pressure.”
He explained that the City’s valuation system is based on an administrative evaluation from July 2025.
This means it may not accurately reflect the nuances of each property, such as renovations or changes in the neighbourhood.
“Nobody should be expecting a [valuation] reduction. I have seen some people’s rates increase from as little as 5% to 45%. It all depends on how the new appraisal system is taking in the information that they have at their disposal and how the nuances of each neighbourhood are affecting that.”
MacLennan noted that homeowners often underestimate the impact of automated valuations and miss the objection window. The current opportunity ends on 30 April.
Valuations that are not challenged could remain in place until 2029.
“What ultimately matters, though, is that the metro-wide average increase isn’t a blanket cover. You need to be specific about your property and how it has moved relative to the average.”
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