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SAPOA's Operating Costs Report (Rates & Taxes) for the period ended June 2022

Category Services

Property operating costs, as a percentage of gross income, trended up in the first half of 2022 which put pressure on the income growth of landlords - after costs stabilised somewhat during 2021.

Among the main drivers of operating costs were electricity, rates, and other municipal charges as well as bad debts which have once again increased after moderating slightly in the six months to December 2021.

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Author: Property Wheel

Submitted 02 Nov 22 / Views 1012

Nelspruit Central, Nelspruit

Mbombela, formerly Nelspruit, is a city in northeastern South Africa. It is the capital of the Mpumalanga province. Located on the Crocodile River, Mbombela lies about 110 kilometres (68 mi) by road west of the Mozambique border, 330 kilometres... More Info