Posts Tagged ‘owner builder’
Building Costs Rocket By 19%
17 October 2006
Pretoria – Building costs in South Africa are rocketing, according to anew report released yesterday by Industry Insight, a construction industry market intelligence firm.
Avenge building costs had increased by 19.1 percent year on year during the third quarter of this year compared with an annual increase of 11.4 percent in the second quarter and 52 percent in the first quarter. The increase was based on more than 60 projects awarded in Gauteng, the Western Cape and Kwazulu-Natal.
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