Epping Property

Industrial Property Specialists

City of Cape Town Property General Valuation – GV2025

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The City of Cape Town has released the 2025 Property General Valuation (GV2025). This valuation significantly determines the Municipal Rates you will pay for your property for the next 3 years.

View my new Property Valuation as per the City of Cape Town

Whether you own or rent a property, this Property General Valuation (GV2025) is important to you. It applies to all properties in Cape Town: Commercial, Retail, Industrial, Residential and Leisure. Therefore, please check your property’s valuation:

  • If you are a property owner, your municipal rates will likely be increasing – make sure it is fair and market-related.
  • Also, if you are a tenant, most leases include a provision for tenants to pay for rate increases. Ensure the rates are fair and market-related.

What do I need to do with the GV2025?

  1. Valuations are effective as at 01 July 2025. First, accumulate as much market-related information as possible on your property. Furthermore, speak to experts in your area. Also, gather documentation on recent sales.
  2. Every property owner and every tenant (in consultation with their landlord) needs to ensure the valuation in the GV2025 is fair and market-related. Importantly, check that the City’s new valuation is market-related.
  3. If the valuation is fair, that’s it; there’s no need to do anything further.
  4. If the valuation is not market-related, the landlord must submit an objection to the City of Cape Town. The objection process will run from February 2026 until April 2026 (ie, not much time) and will be available to anyone who wishes to dispute any valuation on the GV2025 valuation roll.

The City of Cape Town outlines an objection period during which objections must be submitted.

Please contact Epping Property to discuss your industrial property valuation. We only handle properties in Epping, WP Park and Thornton/Viking Park areas due to the extensive work and documentation required for a successful process. Epping Property can assist you, for a small fee, in supplying supporting documentation for the most comparable industrial property sales in 2025, as well as in preparing your objection motivation.

City of Cape Town Property General Valuation

The Local Government’s legislation is the Municipal Property Rates Act, Act 6 of 2004, which states that all properties on the valuation roll must be valued at market value. Market value is “the amount the property would have realised if sold on the date of valuation in the open market by a willing seller to a willing buyer”.

Especially relevant, 01 July 2025 is the valuation date for the GV2025 roll. Also, all properties on the valuation roll are valued as of the valuation date to ensure fairness. Besides, actual property transactions (sales) supposedly form the basis of the City of Cape Town’s valuations. Specifically, deals have occurred in the open market around the valuation date. The valuation staff have been collecting and reviewing sales that occurred around the valuation date, July 2025. The sales data is used in the Computer-assisted Mass Appraisal (CAMA) of properties. CAMA is a computer-aided analytical procedure used by trained professional valuers to value a large number of properties in Cape Town. Consequently, this programme makes valuation cheaper and faster but no less fair. Finally, an internationally recognised independent body will audit the GV2025 Roll – focusing on the City’s compliance with international best practices.

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