Brief:
There were roughly 52.98 million people living in South Africa in 2013 according to estimates by the South African government. That equates to a lot of people with different housing needs, from students and first-time buyers to people who cannot afford housing and gap housing. Looking at the different housing sectors in the real estate industry, where is there a demand that is not currently being met?
Driver:
Housing back log in the country and Growing Population
Key Contracts:
Betty Street Precinct, Boiketlong mix use Housing Development and Jabulani Housing Development as part of the CBD.
Business Units:
Turnkey Developments, Project Management, Construction and Property Investments
Opportunities:
- Sectional Title
- Affordable Rental Housing Units
- BNG housing (fully subsidized)
- CRU housing (subsidized rental)
- Social housing (subsidized rental)
- Rental housing (open market rental)
- GAP housing
- FLISP housing
- Affordable housing
- Mid-to-high income housing