The aim of this study is to investigate and evaluate the financial feasibility for providing a compact urban housing development in the South African affordable housing market.
The research method involves a literature study and an empirical research undertaken by the researcher to collect accurate market information and investigate the financial feasibility of a proposed township development in the South African affordable housing market.
The argumentation will consider economic, building and financial aspects arising through a development of that nature
Inhaltsverzeichnis (Table of Contents)
- CHAPTER I INTRODUCTION
- 1.0 BACKGROUND TO THE STUDY
- 1.1 HYPOTHESIS
- 1.2 METHODOLOGY
- 1.2.1 PHASE 1 GENERAL RESEARCH
- 1.2.2 PHASE 2 DETAILED RESEARCH
- 1.2.3 PHASE 3 FORMULATION OF KEY FINDINGS AND IMPLICATIONS
- 1.2.4 PHASE 4 PRESENTATION OF FINDINGS
- 1.3 RESEARCH OBJECTIVES
- 1.4 LIMITATIONS
- 1.5 STRUCTURE OF THIS STUDY
- CHAPTER II OVERVIEW OF THE PROPERTY DEVELOPMENT PROCESS
- 2.0 INTRODUCTION
- 2.1 THE DEVELOPMENT PROCESS
- 2.2 THE PARTICIPANTS IN THE DEVELOPMENT PROCESS
- 2.2.1 THE DEVELOPER
- 2.2.2 THE PROJECT MANAGER
- 2.2.3 ARCHITECT
- 2.2.4 QUANTITY SURVEYOR
- 2.2.5 CIVIL AND STRUCTURAL ENGINEER
- 2.2.6 CONTRACTORS
- 2.2.7 FINANCIAL INSTITUTIONS
- 2.2.8 OTHER CONSULTANTS
- 2.3 A MODEL FOR THE DEVELOPMENT PROCESS
- 2.3.1 FINDING A COMPREHENSIVE MODEL
- 2.3.2 KEY STAGES IN THE DEVELOPMENT PROCESS
- 2.4 CONCLUSION
- CHAPTER III THE REAL ESTATE MARKET
- 3.0 INTRODUCTION
- 3.1 CHARACTERISTICS OF THE REAL ESTATE MARKET
Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)
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.
- 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
- The property development process and its key participants
Zusammenfassung der Kapitel (Chapter Summaries)
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.
Schlüsselwörter (Keywords)
Affordable housing, South Africa, financial feasibility, property development, real estate market, economic analysis, building costs, investment, township development, risk assessment.
Frequently Asked Questions: A Comprehensive Language Preview of Affordable Housing Development in South Africa
What is the main topic of this study?
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.
What are the key themes explored in this study?
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.
What is the research methodology used in this study?
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.
What are the phases involved in the research methodology?
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).
What are the key participants in the property development process discussed in the study?
The study discusses the roles of developers, project managers, architects, quantity surveyors, engineers, contractors, financial institutions, and other consultants.
What aspects of the South African real estate market are analyzed?
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.
What is the structure of the study?
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).
What does Chapter I cover?
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.
What does Chapter II cover?
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.
What does Chapter III cover?
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.
What are the keywords associated with this study?
Keywords include: Affordable housing, South Africa, financial feasibility, property development, real estate market, economic analysis, building costs, investment, township development, risk assessment.
What is the overall goal of this research?
The ultimate goal is to determine the financial feasibility of developing compact urban housing within South Africa's affordable housing market.
What type of housing is the focus of the study?
The study focuses on compact urban housing within the context of South Africa's affordable housing market.
Where does this study take place?
The study focuses on the South African affordable housing market.
- Quote paper
- Diplombetriebswirt (FH) Michael Bauer (Author), 2005, The Financial Feasibility of a Township Development, Munich, GRIN Verlag, https://www.grin.com/document/55887
