construction cost per square meter south africa

Building Costs in South Africa 2024 – STATSSA End-of-Year …

Building Costs in South Africa 2023-2024 – STATSSA End-of-Year Statistical Release P5041.1 October 2023 The building costs below should give you an indication of how much it will cost to build a house in 2024. The figures are obtained from the end of year statistics released by STATSSA (January to October 2023). ... Building …

Average Building Cost In South Africa

How much does it cost to build a house in South Africa ? Cost of building. The report found that the average building cost of new housing completed increased by 4.9% y/y to R7,793 per square meter in the first two months of 2019 – from R7,432 per square meter in the same period last year. Average Building Cost In South Africa.

The building cost per square meter in SA in 2024 | FAQ

The average cost of building a property in South Africa varies according to province. Here is the average cost per square meter: Western Cape — R13 150 Eastern Cape — R10 890 Gauteng — R13 330 KwaZulu Natal — R14 860 Free State — R11 290 Northern Cape — R10 370 Mpumalanga — R9 190 Limpopo — R8 450 North West — R7 980. Based …

What it costs to build a house in SA in 2024

Cost per square meter: Standard (146 meter) home: 90 meter home: KwaZulu Natal: R14 860: R2 170 000: R1 340 000: Gauteng: R13 330: R1 945 000: R1 200 000: Western …

AFRICA PROPERTY & CONSTRUCTION COST GUIDE

AECOM in South Africa 33 Broad-Based Black Economic Empowerment 33 Section 04 South African cost data 34 ... Africa building costs 55 Global building costs 57 …

2023/2024

Based on the cost data enclosed, the African market continues to grow. There is a steady increase of larger infrastructure and construction projects coming to market for the needs of over 1.2 billion people and this will provide opportunities for investment and service providers for 2023 and beyond.

Building Costs Per Square Metre in South Africa 2024 …

STATSSA is the South African Government Department of Statistics that aggregates building cost data from municipalities around South Africa and its provinces. This data can be used to arrive at the building costs per square metre for various types of residential, commercial and … See more

This is how much it costs to build your own …

The report found that the average building cost of new housing completed increased by 4.9% y/y to R7,793 per square meter in the first two months of 2019 – from R7,432 per square meter in the ...

How Much Does It Cost To Build Per Square Meter In South Africa

Per Square Meter is a unit of area equal to a square one meter on each side. How Much Does It Cost To Build Per Square Meter In South Africa? According to Briefly, estimated price ranges are as follows: R8 000 to R13 000 per square meter for a high-end, market quality house. R5 000 per square meter for lower cost housing. R20 000 per square ...

Construction: what are the costs per square metre?

Nationally, it would cost you an average of R8 163 per square metre to build flats, according to building plans passed by municipalities in 2015. Flats are followed by …

Building Costs Per Square Metre In South Africa …

2 Building Costs Per Square Metre In South Africa construction output, input costs and costs per square metre for factories, offices, warehouses, hospitals, schools, theatres, sports halls, hotels and housing. This unique handbook will be an essential reference for all construction professionals involved in

AFRICA PROPERTY & CONSTRUCTION COST …

Engineering Cost Management 27 Building Services Cost Management 28 Section 03 AECOM in South Africa 30 Broad-Based Black Economic Empowerment 30 Section 04 …

Building Cost Calculator

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How Much Does It Cost To Build A Brick Wall In South Africa

How much does a bricklayer charge per m2 in South Africa? The Industry standard for Bricklayers is R 600 per 1000 bricks laid. 1000 bricks laid / 110 bricks per m2 = 5,4 m2 of walling. No need to plaster. Is it cheaper to buy or make bricks? Bricks Cost Money to Make

AFRICA PROPERTY & CONSTRUCTION COST GUIDE

Engineering Cost Management 27 Building Services Cost Management 28 Section 03 AECOM in South Africa 30 Broad-Based Black Economic Empowerment 30 Section 04 South African Cost Data 31 Key Factors Influencing Building Cost Rates 31

Commercial construction costs in African cities 2023 | Statista

(South Africa) 917: 1,181: 903: Nairobi (Kenya) 995: ... Cost per square meter for construction Auckland New Zealand 2018 by type; Asia's building construction costs in Asia by country 2014;

Building Costs

It is evident that building expenses have significantly risen in recent years. As of 2023, the costs for constructing a new house can range from R12,000 to R20,000 per square meter (higher specifications can exceed R25,000). This price is determined by summing up all the final construction expenses (excluding professional services and ...

Building Costs in South Africa 2023

As a large part of the costs are manual which vary dramatically in different parts of the country. According to Procompare, building costs for a 146 square meter (3-bedroom) house in South Africa is approximately 1.5m rands. You may have to spend between R7000 and R15000 for every square meter you construct.

Construction Costs Around the World: How Does the US …

In the US, places like San Francisco and New York have some of the highest SFH construction costs in the world, whereas places like Atlanta, Phoenix, and Houston have some of the lowest among western countries (and compare favorably to the low labor cost countries) [3].

Pricelist

Building contractors. How much does a building contractor cost? R7000 – R9000/sqm. Building cost per square metre. R800 – R2000/sqm. Home renovation. R15,000 – …

Africa: residential construction costs 2023, by city | Statista

The average multi-unit high-rise in Accra (Ghana) cost over 2,000 U.S. dollars per square meter to construct. That year, Kampala (Uganda) was one of the Africa cities with the highest hotel ...

How Much Does It Cost To Build A House in South Africa?

On average, the cost of building a standard residential house in South Africa ranges between: R10,000 to R15,000 per square meter for a high-end market quality house. R5,000 per square meter for ...

How much it costs to build a house in South Africa …

The average cost of building a typical 3-bedroom house in South Africa is R1.5 million – ranging from R7,900 to R15,000 per square metre, depending on the location. This is...

Breaking Down the Costs of Building a Two-Bedroom House in South Africa

The cost to build a home in South Africa ranges from R7,000 to R20,000 per square meter. The cost of building is influenced by location, size, and quality of the house. A small two-bedroom home in the North West Province could cost around R800,000. A four-bedroom property in KwaZulu Natal could cost up to R7,000,000.

Building Cost Per M2

CONSTRUCTION. FinnBUILDER is uniquely positioned to assist developers to contain building costs and maintain quality standards. Substantial cost savings are achievable. On a 200 m2 house and boundary walls, a developer will save about R 80 000. On a 300 m2 house, savings of about R 130 000 are being realized.

Average Building Price Per Square Meter In South Africa

Wrap-up. In summary, the cost of building a house in South Africa can be anywhere between R10,000 and R20,000 per square metre or from R800,000 for a small 2 bedroom home in the North West Province to R7,000,000 for a 4 bedroom property in Kwa Zulu Natal. With property prices in many areas of South Africa increasing, building your …

How much does it cost to build a house in South Africa in …

The construction cost of a house in Cape Town can vary, with an average cost of around R13,150 per square metre. For instance, a standard 146-square-metre home may amount to approximately R1,920,000, while a 90-square-metre home could cost around R1,180,000. Read also.

Building Costs Per Square Metre in Western …

The first quarter of 2021 registered a total valuation of R473,356,000 which was an increase of 144.9%. From this data, the building cost per m2 for newly completed flats and townhouses in the Western Cape is: As at …

Building Cost Information Service — Bureau for Economic …

Building Cost Report, 2024Q1. Date Uploaded: Mar 28 2024 09:00. In this report we review recent trends in the SA building industry, together with the input costs and the tender prices of building contractors, as measured by the BER Building Cost Index. This unique index is based on accepted building tenders. The report ends with a …

How much does it cost to build a house in South …

Building a house in South Africa can cost anywhere between R 7000 and R15 000 per square metre for mid-level homes. For example, a small 2 bedroom home in the North …