What is the current building cost per square Metre in South Africa?

According to the town planning laws, you cannot build a house wherever you like. On average, the cost of building a conventional suburb house in the major centres in South Africa ranges between R10,000 to R15,000 per square metre. The fee can increase to R25,000 for a luxury house.

What are construction rates?

The average construction cost of a 1,000 sq ft home may vary from about Rs 1,300 per sq ft to Rs 5,000 per sq ft. Home construction cost depends on multiple factors including, civil cost and finishing cost; hence, it considerably varies across locations.

What is the cost of construction per sq ft?

New home construction costs $100 to $155 per square foot on average with most homeowners paying $155,000 to $416,250, in addition to the cost of your land. Costs vary considerably based on location and all your choices in design and interior and exterior finishes.

How do you find the unit rate in construction?

A unit-rate contains the average amount of resources you need to install one unit (piece, meter, kg, etc.) you can find on an MTO. By multiplying all unit-rates by the quantities from all MTOs, a very detailed estimate of the project resources is obtained.

How are building costs calculated in South Africa?

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 industrial buildings.

Where can I find schedule of rates for building design?

For instance brick, blockwork and masonry might include a section called natural marble or granite slabs / tiles of any shape, size pattern or colour : A number of indices are available providing benchmark rates that can be used for estimating purposes, such as the BCIS Schedule of Rates, the PSA Schedule of Rates, and so on.

Which is the best schedule of rates for construction?

A number of indices are available providing benchmark rates that can be used for estimating purposes, such as the BCIS Schedule of Rates, the PSA Schedule of Rates, and so on. Admeasurement . Bill of quantities . Charge-out rate . Construction contract . Construction person year .

How much does it cost to build a shop in South Africa?

From this data, the building cost per m2 for Shopping Space in South Africa is: The national aggregate gross floor area of shopping space approved by municipalities in South Africa was 58,353m2 and 87,302m2 in January and December of the year 2020 respectively. The first quarter of 2021 registered a total gross floor of 31,630 square metres]