According to CAHF (Centre for Affordable Housing Finance in Africa), clear opportunities exist in the below R600,000 market for developers, lenders and investors.
The demand is significant and current supply is insufficient. There is great demand for affordable rental accommodation in centres of economic development for low-income earners and students – and some developers have been responding to this.
Still, the affordable housing market is desperate for innovative solutions. While the state housing subsidy creates some market distortion, demand should be responsive to alternative housing and financing approaches.
Urban 4site provides affordable housing solutions ranging between R350,000 and R1,000,000. Our robust internal data analytics guides our investment decision, and our dedicated team of professionals and project managers ensure the delivery of developments that are of quality and value for our buyers. With this approach, hand in hand with our investors, we seek to make a substantial positive impact on the affordable housing shortage in South Africa in the medium- to long-term.