In Housing in Southern Africa's December issue FNB targets Pension Back Loans and announces its Smart Housing Plan book has shown a solid 13% growth per annum.
Nedbank highlights the challenges of building affordable housing and shows the factors that determine affordability. Inner city developers, Afhco team up with the Cape-based Amdec to deliver an affordable ‘Melrose Arch' at End Street. CSIR's housing research shows that Light Steel Frame Building is energy efficient.
The alternative technologies shine at the Legacy Project.
Showcasing alternative technologies
Affordable, sustainable building alternative company, Lightweight Energy Panels Africa, showcased the benefits of sustainable development as part of the Legacy Project.
End Street Precinct - An affordable ‘Melrose Arch'
With landmarks such as Ellis Park on its doorstep, Doornfontein's End Street Precinct is about to provide Johannesburg's urbanised inner city with a new lease on life. The flagship 120 End Street development was created by the Affordable Housing Company and Amdec Property Development.
FNB pension backed home loans
First National Bank has announced that over the past three years its Smart Housing Plan has seen a solid growth rate of over 13% per annum and the loan book exceeds R1 billion.
Reality of affordability
Nedbank's Head of Affordable Housing, Manie Annandale spoke to Housing in Southern Africa about the challenges and reality of the affordable housing sector in the country. He has been credited for his vision in this market segment, by some of the country's leading affordable housing practitioners. Much has been said about the shortage of housing for individuals earning below the income range of R17 000 per month, but often the general public do not see the link between housing delivery and this shortage. What is not as well publicised is the fact that affordable housing developers are in most cases unable to deliver homes in the crucial price range below R300 000, due to the realities of current input costs.
CSIR research backs LSFB
Research of the Council for Scientific and Industrial Research, (CSIR) confirms the superior energy efficiency of lightsteel frame building.
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