Please note that you are using an outdated browser which is not compatible with some elements of the site. We strongly urge you to update to Edge for an optimal browsing experience.

SA must fast-track housing delivery

15 Feb 2007
South Africa's proposed national housing agency is needed to fast-track housing delivery in the next two years and resolve problems of slow pace of approvals by municipalities and provincial governments for affordable low-income housing, says Housing Minister Lindiwe Sisulu.

Legislation would be put to parliament this year to provide a legal framework for the agency, Sisulu told a media briefing at Parliament on Thursday.

Sisulu said the new agency would need to work closely with developers and the banking sector to accelerate delivery of housing. South Africa needed to build 500,000 houses a year - but instead it was achieving somewhere in the region of 265,000 this financial year. The private sector was producing some 60,000 housing units.

The housing department budget was being fully utilised, she said, noting that she had been "nice" to Finance Minister Trevor Manuel but that she could not expect her budget to be doubled.

Noting that it sometimes took three years to get the appropriate approvals from municipalities and provincial government, she pointed to the example of the N2 Gateway project in Cape Town where after a long wait the city had only in the last few days provided a land availability agreement for further housing development.

She said the agency would need to source other funding methods - other than state funding - such as attracting international agencies that could provide housing loans and be able to find "innovative ways of inclusionary housing".

In a statement the housing minister reported South Africa's housing backlog as 2.5 million houses - with 200,000 houses added to this figure each year.

At a delivery rate of just under 500,000 the backlog would be eradicated by 2014 at a total estimated cost of 345 billion rand. – Donwald Pressly, I-Net Bridge

For more information contact info@investalist.co.uk. or visit www.investalist.co.uk.

Readers' Comments
I live in an informal settlement at Tembisa [Vusimuzi] and I really don't understand why our government does not come to us to see how they can do this. Housing minister Lindiwe Sisulu faces a challenge, to me there is a solution. If they can say to us here is the land and we do not need to see a shack people can build their own houses using their own money rather than wait until 2014. With 2.5 million houses to be build before 2014 plus another 200 000 that is added every year meaning they will need about 4 million houses. If a million stands can be granted to people to build for themselves how much money government can save and how much jobs can be created.

If I can be granted a place to build my house from now by 2014 it will be a mansion building two rooms per year meaning I will have 14 rooms.

I wonder what can make our government listen to the people as this is for people they must just buy land for us and we will build our own houses. - David Mojapelo

Have a comment or question about this article? Email us now..

What's your home worth?
Want to know what the average home price is in your area? Visit PropertySPI and get the latest report on transfers and price movements in your street, suburb or sectional title scheme.

Property News
Click here for more property news articles or sign up now for our free news SMSs twice a day.



Print Print
Top Articles
A trusted property partner can make all the difference in your investment journey. Whether buying a new build or an existing home, working with a reputable developer ensures peace of mind. Established in 1993, Craft Homes has built a legacy of delivering quality homes, from modern apartments to spacious family estates

Joint property ownership can be a fantastic way to step onto the property ladder, especially when partnering with friends, family, or significant others. However, it's essential to understand the intricacies involved to ensure a smooth co-ownership experience.

For the best chance of securing a sale at full asking price, homeowners should always use a real estate professional who can provide an accurate assessment of the property’s value, instead of attempting to determine an asking price on their own.

Loading