In terms of the Sectional Titles Schemes Management Act, as amended, every sectional title scheme must be revalued every three years to establish the current replacement cost of the building for insurance purposes. One of the challenges is that many trustees are unaware of the requirement to obtain a replacement cost valuation every three
Marten was born in South London in 1937 to a mother who nearly died of Typhoid. She was hospitalised for the first 6 months of Robin’s life; his father was a Deputy Commander in the London Fire Brigade, a man he would see little of as the war took over their lives. We sit
On Friday, 26 June 2026, the South African Institute of Valuers (SAIV) proudly took part in the Career Day hosted by Grace Bible Church, Pimville in Soweto. The event brought together learners from various schools, all eager to explore career opportunities and gain valuable insights into the industries that are shaping the future of
The July implementation of the General Valuation Roll (GVR) underscores the balance that municipalities must maintain between financial sustainability and fairness to property owners. We recognise that an accurate GVR is essential for generating the revenue required to maintain infrastructure and deliver essential services. At the same time, it ensures that property owners are
On Saturday, 6 June 2026, the South African Institute of Valuers (SAIV) had the privilege of joining the Career Day hosted by Grace Bible Church, Centurion. This vibrant event brought together high school learners eager to explore diverse career paths and gain insights into industries shaping our economy. The SAIV team introduced attendees to
With the General Valuation Roll (GVR) set for implementation in July, we highlight the important opportunity for property owners in municipalities where a new roll will be implemented to engage with the valuation process. The publication of the GVR is not the end, but the beginning of a review period. During this time, property
We are proud to announce the renewal of the collaboration agreement between the South African Institute of Valuers (SAIV) and the Royal Institution of Chartered Surveyors (RICS). The agreement was signed by SAIV President, Kobus Nel, and RICS Acting President, Nicholas Maclean, OBE RD FRICS IRRV (Hons), at the Balalaika Hotel in Sandown on
The SAIV 2026 National Seminar & AGM brought together valuation professionals, property experts, and industry leaders for two days of insightful discussions, networking, and knowledge sharing at the Gateway Hotel in Umhlanga. The seminar officially opened with a warm address by Kobus Nel, President of SAIV, setting the tone for collaboration and forward-looking dialogue. Delegates were
With the effective date of 1 July fast approaching, the implementation of the General Valuation Roll (GVR), in terms of the Local Government: Municipal Property Rates Act, No. 6 of 2004, marks a key milestone in the municipal property rating cycle. We emphasise that this is not merely an administrative update, it is the foundation on which municipal
We are thrilled to announce that we have been recognized as the winner of the Candidacy/Internship Programme in Valuation category at the 2nd Annual Africa Valuation Excellence Awards 2026. This prestigious award is a testament to our unwavering commitment to nurturing and empowering the next generation of valuation professionals. Through our future-focused programmes, we
