Strong Start to 2025 Highlights Resilience of SA’s Multifamily Sector
Submitted by: Angie Di Giovampaolo Save to Instapaper
The South African multifamily residential rental sector entered 2025 on a robust footing, with data from the South African Multifamily Residential Rental Association (SAMRRA) revealing continued strength in both occupancy and rental collections, as well as record high leasing activity, across its substantial member portfolio.
Based on a representative cross-section of the association’s members, who collectively manage more than 75,000 residential units valued at over R40 billion, the first two months of 2025 recorded a positive weighted average occupancy rate of 95.8%. Indicating tenant stability and strong credit diversification across various portfolios, SAMRRA members have consistently achieved bad debts of less than 1% of what is billed, comparing favourably with other real estate sectors and emphasising the reliability of multifamily returns.
“These figures reinforce the fundamental strengths of purpose-built, professionally managed rental housing in South Africa,” says Myles Kritzinger, CEO of SAMRRA. “Consistently high occupancy and quality income streams are more than a function of demand but also reflect skilled management and developments that resonate with appealing multifamily living.”
SAMRRA’s membership base includes institutional landlords who own and manage large-scale, multifamily residential rental properties. The sector’s operational performance in early 2025 suggests a sustained demand for well-located, professionally managed rental accommodation like housing estates and apartment buildings, particularly in a market where affordability, lifestyle flexibility and reliability of services are increasingly valued by tenants.
In fact, several SAMRRA members have reported record Q1 letting activity, indicating robust and unmet demand in this sector.
Kritzinger adds, “The strong start to the year is encouraging not only for our members but for investors and stakeholders across the value chain. It continues to demonstrate that multifamily rental assets are both resilient and investable, even as the broader macroeconomic environment remains complex.”
Submitted on behalf of
- Company: SAMRRA
- Contact #: 0834536668
- Website
Press Release Submitted By
- Agency/PR Company: Catchwords
- Contact person: Angela Di Giovampaolo
- Contact #: 0834536668
- Website
Catchwords is a women-owned and managed boutique communication and PR Agency. While we officially launched in 2011, our pedigree stretches back to 1994. That's a track record of well over two decades of expertise and professionalism in media and communication. We think strategically, stand for simplicity and work with agility.
Latest Press Articles
- Growthpoint's Logistics Portfolio is Bolstered by Completion of Arterial Industrial Estate, Cape Town
- Buzzworthy news for World Bee Day - Growthpoint hosts eight thriving bee hives at Woodlands Office Park
- Dipula reports strong interim results as it marks its 20th year
- Art as Anchor - Mural Transforms Johannesburg Student Residence into a Home
- Emira’s beehives are a sweet investment in tomorrow
- The Strategic Role of Colour in the Modern South African Workplace
- Entries for the PPRA and CSOS Member Awards extended for the Reside Awards 2025
- Entries Now Open for the Reside Awards 2025 - Celebrating Innovation and Excellence in South Africa’s Residential Property Sector
- The Cultural Blueprint - How to Make Your Office Not Just Look Good, But Feel Right
- Emira’s Biodiversity Project Creates a Brighter Future for Gauteng, Sustaining Nature’s Workforce
- Pioneering a New Era - The Rise of Women in PropTech
- Growthpoint Reports Strong Group-Wide Operational Performance Amid Positive Signs for the Property Cycle
- Property Investments Will Be More Attractive Once Interest Rate Cuts Start to Roll
- Insight - Inclusive Leadership in Real Estate – A Pathway to Better Cities
- Fourways Mall Boosts Its Transformation with Strategic Enhancements and New Retail Experiences
The Pulse Updates
- New Report Reveals Msme Funding Realities In South Africa – And What Must Change (May 30, 2025)
- Opinion Piece: Incorporating Ai Into Workforce Planning (May 26, 2025)
- Bridging The Gap: Why Finance And Hr Must Collaborate For Business Success (May 19, 2025)
- Reclaiming Johannesburg’s Running Narrative Powered By The Streets. Refreshed By Pura. (May 16, 2025)
- Double Gold Triumph For Hansgrohe Innovations (May 16, 2025)