Diplomarbeit, 2005
164 Seiten, Note: 1,0
This study aims to investigate the financial feasibility of developing compact urban housing in the South African affordable housing market. It uses a combination of literature review and empirical research to gather market data and assess the financial viability of a proposed township development. The analysis will consider economic, building, and financial factors involved in such a project.
CHAPTER I INTRODUCTION: This chapter introduces the study's aim to evaluate the financial feasibility of compact urban housing in South Africa's affordable housing market. It outlines the research methodology, which involves a multi-phased approach combining general and detailed research to collect accurate market information. The chapter also details the research objectives, limitations, and the structure of the study, providing a roadmap for the subsequent chapters. The hypothesis is presented, laying the groundwork for the investigation into the financial viability of the proposed township development.
CHAPTER II OVERVIEW OF THE PROPERTY DEVELOPMENT PROCESS: This chapter provides a comprehensive overview of the property development process, encompassing its various stages and the key players involved. It explores the roles of developers, project managers, architects, quantity surveyors, engineers, contractors, financial institutions, and other consultants, highlighting their contributions to a successful development. A model for the development process is presented and analyzed, emphasizing crucial steps such as land acquisition, planning, construction, and marketing. The chapter concludes by synthesizing the multifaceted nature of property development and its inherent complexities. It sets the stage for the subsequent analysis of financial feasibility by providing a deep understanding of the practical steps in realizing a development.
CHAPTER III THE REAL ESTATE MARKET: This chapter delves into the characteristics of the South African real estate market, providing context for the financial feasibility study. It lays the groundwork for assessing market demand, pricing strategies, and overall investment potential. By examining the specific characteristics of this market, the chapter establishes a crucial foundation for analyzing the financial viability of the proposed housing development. The importance of understanding the dynamics of supply and demand within the South African affordable housing sector is stressed. This provides essential background information for the analysis of the financial feasibility of the proposed township development.
Affordable housing, South Africa, financial feasibility, property development, real estate market, economic analysis, building costs, investment, township development, risk assessment.
This study investigates the financial feasibility of developing compact urban housing in the South African affordable housing market. It examines economic, building, and financial factors influencing such a project.
The key themes include the financial feasibility of affordable housing development in South Africa, analysis of the South African real estate market, economic factors impacting property development, building and construction considerations, and the property development process and its key participants.
The study employs a multi-phased approach combining literature review and empirical research. This includes general and detailed research to gather accurate market data and assess the financial viability of a proposed township development.
The methodology is divided into four phases: Phase 1 (General Research), Phase 2 (Detailed Research), Phase 3 (Formulation of Key Findings and Implications), and Phase 4 (Presentation of Findings).
The study discusses the roles of developers, project managers, architects, quantity surveyors, engineers, contractors, financial institutions, and other consultants.
The study analyzes the characteristics of the South African real estate market, including market demand, pricing strategies, and overall investment potential, specifically within the affordable housing sector.
The study is structured into three main chapters: Chapter I (Introduction), Chapter II (Overview of the Property Development Process), and Chapter III (The Real Estate Market).
Chapter I introduces the study's aim, outlines the research methodology, details the research objectives and limitations, and presents the hypothesis. It provides a roadmap for the subsequent chapters.
Chapter II provides a comprehensive overview of the property development process, including its various stages and key players. It explores the roles of different professionals involved and presents a model for the development process.
Chapter III delves into the characteristics of the South African real estate market, providing context for the financial feasibility study. It focuses on assessing market demand, pricing strategies, and overall investment potential.
Keywords include: Affordable housing, South Africa, financial feasibility, property development, real estate market, economic analysis, building costs, investment, township development, risk assessment.
The ultimate goal is to determine the financial feasibility of developing compact urban housing within South Africa's affordable housing market.
The study focuses on compact urban housing within the context of South Africa's affordable housing market.
The study focuses on the South African affordable housing market.
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