South Africa´s real estate market has more completed residential developments which account for 60% of real estate projects in 2018.

1. 04/12/2019 1© africon GmbH2019
Real Estate Projects in South Africa
South Africa’s real estate market has more completedresidential
developments which account for 60% of real estate projects in 2018.
Segmentationof completedprojects
(share of value of completedprojects in%, 2018)
Commercial
23%
Residential
60%
Additions&
Alterations
17%
Source:StatsSAselectedbuildingstatisticsoftheprivatesectorasreportedbylocalgovernmentinstitutions(2017,2018)
$2.521 $2.739
$3.040
$3.482
$1.151
$1.249
$1.796
$1.302$767
$821
$909 $964
-
1.000
2.000
3.000
4.000
5.000
6.000
2015 2016 2017 2018
Residential Commercial Additions & Alterations
Completedprojects ineachyear
(inmillionUSD,2015 - 2018)
Note: ZAR was transferred to USD at the 2015 average exchange rate of 0,0783
as the primary data used a current priceof 2015.
$5.7bn