Sandton is a trophy-tier Johannesburg submarket with average asking rent around R270/sqm/mo · ≈ $16.3 PSF/yr USD.

  • Average asking rent: R270/sqm/mo · ≈ $16.3 PSF/yr USD.
  • Tier: trophy.
  • Citywide Class A rent context: R220/sqm/mo · ≈ $13.2 PSF/yr USD ($13 USD).
  • Citywide vacancy: 16.2% — submarket-level availability is typically tighter at trophy tier.

Sandton, Johannesburg office rents and availability

Sandton is a trophy-tier Johannesburg submarket with average asking rent around R270/sqm/mo · ≈ $16.3 PSF/yr USD.

TL;DR

  • Average asking rent: R270/sqm/mo · ≈ $16.3 PSF/yr USD.
  • Tier: trophy.
  • Citywide Class A rent context: R220/sqm/mo · ≈ $13.2 PSF/yr USD ($13 USD).
  • Citywide vacancy: 16.2% — submarket-level availability is typically tighter at trophy tier.

Where rent sits

Sandton averages around R270/sqm/mo · ≈ $16.3 PSF/yr USD for Class A, against a citywide Class A index of 220. As a trophy submarket, rent runs above the city average and availability is structurally tight.

Availability dynamics

Johannesburg's trophy financial core. Banking, mining, insurance, professional services, multinational HQs.

Key facts

cityJohannesburg
submarketSandton
tiertrophy
averageRentLocalR270/sqm/mo · ≈ $16.3 PSF/yr USD
cityClassARentUsd$13/sqft/yr
cityVacancyPct16.2%

Frequently asked questions

What is the average Class A rent in Sandton, Johannesburg?
Around R270/sqm/mo · ≈ $16.3 PSF/yr USD. The citywide Class A index sits at R220/sqm/mo · ≈ $13.2 PSF/yr USD.

Related

Editorial provenance

Reviewed by Samuel Okafor — EMEA contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.

Primary sources for this page

Full sources index · Submit a correction

Related topics