Following the approval of the 2025 General Valuation Roll (GV2025), all property owners are reminded that municipal rates will now be calculated based on updated market.
What this means for you:
- Our billing systems have been updated to reflect your property’s new market value.
- Monthly property rates will now be calculated using the updated market value multiplied by the relevant rate-in-the-rand, in accordance with the Municipal Property Rates Act, 2004.
- These new rates are effective from 1 July 2025.
The approved valuation roll was made available for public inspection from 1 February to 30 April 2025, during which property owners had the opportunity to review their property valuations and lodge objection if necessary.
If you have any questions or require assistance in understanding your valuation or how your rates are calculated, please visit our Valuation offices at:
IEC Building
Corner Monument and Ockerse Street
Krugersdorp CBD
We appreciate your cooperation as we continue to deliver equitable municipal services based on fair property valuations.