STATE OF THE HOUSING INDUSTRY in. SOUTH AFRICA by
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1 STATE OF THE HOUSING INDUSTRY in SOUTH AFRICA by Ms Julieka Bayat International Housing Association Interim Meeting Tokyo, Japan IHA Secretariat
2 STATE OF THE HOUSING INDUSTRY PRESENTATION TEMPLATE. CONT. 2 COUNTRY: SOUTH AFRICA 2017 IHA INTERIM MEETING NAME OF ORGANIZATION: NATIONAL HOME BUILDERS REGISTRATION COUNCIL ORGANIZATION OVERVIEW: The National Home Building Registration Council (NHBRC) is a state entity that was established in terms of the Housing Consumers Protection Measures Act, (Act 95 of 1998) to regulate the homebuilding industry and protect housing consumers.
3 The NHBRC Mandate 3 The Mandate of NHBRC is: to regulate the home building industry; to establish and promote ethical and technical standards in the home building industry; and to improve structural quality in the interests of housing consumers and the home building industry.
4 2 - HOUSING ECONOMICS STATISTICS: 4 Starts: Percentages: Numbers: - Single Family 59 33,214 - Multifamily 41 22,929 Gross Domestic Product (GDP) $ bn GDP Growth 2.5 GDP Per Capita $ House Price Index 3.62 Consumer Price Index Unemployment Rate Home Mortgage Interest Rate Home Ownership Rate 63.5 Population Growth/Net 56.5m
5 3.1- Single family share of housing starts in South Africa change 2014 change 2015 change
6 3.2- Multifamily family share of housing starts in South Africa change 2014 change 2015 change Jabulani Hostel Redevelopment in Soweto, Gauteng
7 3.1- Multifamily and single family share of housing starts in South Africa. 7 change change change Type of Dwelling Single Family Dwellings Multi Family Dwellings TOTAL Jabulani Hostel Redevelopment in Soweto, Gauteng
8 STATE OF THE HOUSING INDUSTRY PRESENTATION TEMPLATE. CONT HOUSING TRENDS - Reasons for increased starts - Multi family (pictures in next slide) - Generally in the urban areas - Could be either rental based or subsidised 3 storey walk ups - Rental - accommodate job seekers and non qualifiers for housing assistance - Supports rural to urban migration - Densification to optimize use of urban infrastructure and amenities - Maximum utilization of appropriately located land - Upgrading of old hostels / buildings - Single family starts (pictures to follow) - Meet housing demand in the different market segments - Creating human settlements with infrastructure and amenities - Providing dignity, water, electricity and sanitation for qualifying households
9 9
10 10
11 In recent years, there has been a growing trend toward an increased multifamily share. Continued MULTIFAMILY SHARE PROJECTS pictures to follow Vulindlela - PHP Project in Msunduzi Municipality (Pietermaritzburg; Lakehaven - Ethekwin, KwaZulu-Natal; Women s Build - Brandfort, Free State; Mazista - Swartruggens in the North West; Seshego - Polokwane in Limpopo; Klarinet - Emalahleni in Mpumalanga; China Square Project Kimberly in the Northern Cape; Jabulani Hostel Redevelopment Soweto, Gauteng; Joe Slovo - Cape Town, Western Cape; Southernwood Social Housing Buffalo City, Eastern Cape; Umlazi Community Rental Unit Durban, KwaZulu-Natal; Brooklyn Social Housing Cape Town; Amalinda Institutional Housing Subsidy in Buffalo City, Eastern Cape Cavendish Inner-City Private-Sector Rental Johannesburg; and Zola Township Small-Scale Private Rental Stock for backyard dwellers in Gauteng.
12 STATE OF THE HOUSING INDUSTRY PRESENTATION TEMPLATE. CONT. 12 There has been a growing trend toward an increased multifamily share starts. Some of the metropolitan areas already implemented : - Inner city densification housing projects - upgrading of old buildings - revamping of degraded inner city areas - Consolidation of living and working spaces to reduce urban sprawl - New public transport systems within the metropolitan areas - Incentivized development around public transport and economic nodes in industrial development zones
13 THANK YOU. IHA Secretariat
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