MSCI South Africa's Property Trends Report for 2023 Highlights Resilient Performance Amidst Global Challenges.

Despite fluctuations in bond yields, capitalisation rates have shown resilience, maintaining relative stability over recent years, according to the South African Property Owners Association (SAPOA) highly anticipated 2023 Valuations Report.

Johannesburg is not alone in dealing with a valuation roll mess. Cape Town, reputed to be an efficient administration, is faced with the same headache.

The banks’ valuations often reflect the way in which their client is rated by their criteria rather than the true market value of the property. This can have many negative implications for both buyers and sellers...