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The buildg cost of new housg constructed averaged R5 908 per square metre the period January to April this year, resultg an crease of 3.2% year-on-year (y/y) on the buildg cost of R5 724 per square metre the correspondg period last year.

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Nationally, it would cost you an average of R8 163 per square metre to build flats, accordg to buildg plans passed by municipalities 2015. Flats are followed by office space (R8 092 per square metre), shoppg space (R7 364 per square metre), townhouses (R6 802 per square metre), and free-standg houses (R5 932 per square metre).

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