SA Affordable Housing September / October 2020 | Page 22

PROJECT commencing on a pre-nomination basis in blocks. This became possible as buying trends emerged. Coetzee says this alone saves approximately two months in building plan approval time, which results in financial savings and quicker delivery to buyers. “This also enables the contractor (the construction was outsourced by Cosmopolitan Projects to Maxwell Gordon Homes) to better control and manage production and delivery since they could focus on one area instead of continuously shifting from one site to another. The entrance, with its emphasis on security. affordable housing model would not work.” It is for this reason that Cosmopolitan Projects does most of these functions inhouse – land development, project management, sales, and marketing as well as property management. Another efficiency was that stands and houses, initially sold ‘plot and plan’ on order, were changed to construction COSMOPOLITAN PROJECTS “Though still a mass development, it comes with the type of features usually associated with security and lifestyle estates.” “The risk with this is the rapidity with which this market changes. It could yet happen with further interest rate cuts, which can affect the market overnight,” says Vorster. In Phase 2 we opted for PV (photovoltaic) panels on the geysers which generate electricity for a normal electric geyser. It is more aesthetic with no geysers visible on roofs, making the development look much tidier – and the energy saving is much the same as thermosyphon solar geysers. We have 135mm insulation inside the ceiling – as dictated 20 SEPTEMBER - OCTOBER 2020 SAAffordHousing saaffordablehousingmag SA Affordable Housing www.saaffordablehousing.co.za