Johannesburg has 5 distinct Class A submarkets we track, anchored by Sandton at the trophy tier.
Johannesburg has 5 distinct Class A submarkets we track, anchored by Sandton at the trophy tier.
**Sandton** (trophy, ~R270/sqm/mo · ≈ $16.3 PSF/yr USD) — Johannesburg's trophy financial core. **Rosebank** (trophy, ~R240/sqm/mo · ≈ $14.4 PSF/yr USD) — Trophy expansion frontier. **Melrose Arch** (trophy, ~R250/sqm/mo · ≈ $15.1 PSF/yr USD) — Mixed-use trophy enclave. **Bryanston & Fourways** (prime, ~R180/sqm/mo · ≈ $10.8 PSF/yr USD) — Suburban Class A and HQ belt. **Midrand** (established, ~R140/sqm/mo · ≈ $8.43 PSF/yr USD) — Northern HQ and tech belt.
| city | Johannesburg |
|---|---|
| country | South Africa |
| region | EMEA |
| classARentLocal | 220 ZAR/sqft/yr |
| classARentUsd | $12/sqft/yr |
| vacancy | 16.2% |
| typicalLeaseYears | 5 |
| typicalRentFreeMonths | 6 |
| submarkets | 5 |
| primeYieldPct | 9.4% |
| trophyCount | 3 |
| primeCount | 1 |
Reviewed by Samuel Okafor — EMEA contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.