The FNB/BER construction confidence index increased by 15 points from 51 to 66 in Q4 2013 due to the recovery in construction activity.
The South African government has identified infrastructure development as a priority to realise the growth that the country so desperately needs.
Dylan Watkins' revitalisation of an abandoned mine shaft in Johannesburg has won him a place for the Corobrik Architectural Student Awards.
The pressure that the interest rate hike places on construction means companies have to come up with solutions to maintain industry stability.
New homes at The Summer Club, a R1.3bn secure eco and lifestyle estate in Somerset West priced between R650k and R1.3m were sold within six weeks.
A new development with 63 luxury apartments in “Blue Bay” Waves’ Edge in Bloubergrandt has been launched, with prices ranging from R695k to R2.95m.
The cost per square metre of new housing built during January to November 2013 increased by 9.7 percent y/y to an average of R5 160, reveals report.
Cape Town construction company, R + N Master Builders, formerly known as Resnekov & Nielsen, is celebrating its impressive 65th anniversary.
2013 has been a tough year for most contractors as the sector starts to emerge from the worst of the recession but 2014 is expected to be better.
The Infrastructure Development Bill, intended to strengthen the capacity of government to implement the rollout of infrastructure has been welcomed.
Fatal building failures such as the collapse of a new Tongaat shopping mall will proliferate due to lack of adequate policing of building standards.
Insufficient demand for building work, shortages of skilled labour and inadequate supply of building materials are constraining building activity.
A specialist Construction and Engineering Group has been launched by Cliffe Dekker Hofmeyr to cater for the increasing demand for legal expertise.
The Mahikeng Airport City Project, which has been approved by the North West Executive Council, is expected to pave the way for job creation.
Construction of the new Sol Plaatje University in Kimberley in the Northern Cape is expected to start before the end of September.
The inter-governmental, multibillion rand Cornubia Development, north of Durban, has become a reality with 482 new housing units.
Mpumalanga Premier David Mabuza has handed over 1000 houses that were built as a result of his service delivery intervention.
The Mpumalanga government is on a multibillion rand drive to link the capital city to the nearby town of White River.
The average value of land for new housing in the middle and luxury segments of the market increased by a nominal 9.4 percent y/y to R567 100.
The real value of residential buildings reported as completed increased by 10.5 percent y/y or R1.02 billion to R10.66 billion from January to June.
Vacant Land / Plot for sale in Riebeeckstad R 180 000
House for sale in Soshanguve R 419 000
House for sale in Karenpark R 1 300 000
House for sale in Malmesbury R 1 390 000
House for sale in Constantia R 10 900 000
Townhouse for sale in Langenhovenpark R 850 000
Vacant Land / Plot for sale in Prince's Grant Estate R 850 000
House for sale in Plettenberg Bay R 2 000 000
House for sale in Hazyview R 385 000
House for sale in Villieria R 2 190 000
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