Sunday, May 27, 2012

building and building Costs in South Africa

Height Finance - building and building Costs in South Africa
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The following building and building rates are in case,granted to indicate the current square meter costs of a range of basic or common structure in the building industry.

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Rates are approximate and vary agreeing to the specifications of the project. Rates should be used with ultimate caution and used only as a estimated indicator as these differ from area to area. Data is not stated specifically and the lowest industry appropriate specification is implied.

Preliminaries are included in the price but external works excluded. Escalation to start and while construction, professional fees and finance costs are excluded.

Residential Developments
Gash (good address, small home) housing by Contractor/Developer R 2 550 - 3 200

Duplex houses/apartments R 3 600 - 4 200

Luxury (cluster) houses R 5 000 - 6 800

Retirement centre R 3 600 - 4 200

External works and services R 550 - 780

Office Developments
Underground parking basements along with foundation R 1 650 - 2 300

Commercial office park amelioration on basement (with Ac) R 2 950 - 3 650

Prestigious office amelioration on basements R 4 700 - 7 200

External works services and landscaping for low rise developments R 550 - 780

Retail Developments
Value centre type sell R 2 200 - 2 900

Convenience strip shopping centre R 3 100 - 3 700

Regional shopping centre with enclosed malls R 5 200 - 7 300

External works paving and services R 550 - 780

Industrial Developments
Warehousing with 6 m height (over 2 000 m²) along with ablutions R 1 400 - 1 950

Medium duty installation building with 8 m height (over 2 000 m²) R 1 750 - 2 300

Attached office structure (no Ac) R 2 700 - 3 200

External works, paving and services R 550 - 780

Leisure Developments
Thatched game lodge chamber per m² R 3 700 - 4 800

Budget type hotels per room R 390 000

Luxury hotels per room R 1 380 000

External works and landscaped environment per m² R 850 - 1 100

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