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Johannesburg is still one of the cheapest places in the world to build, new data shows.
South Africa's embattled construction sector is struggling to recover from the pandemic-induced lull, with rising inflation adding more pressure.
Despite this, Johannesburg still ranks as one of the cheapest cities in the world to build in, according to Turner & Townsend's International Construction Market Survey for 2022. Building in Cape Town, where the average square-metre costs around R20,851, is more expensive than building in Johannesburg, where the average square-metre costs around R19,082.
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By Primedia Broadcasting5
11 ratings
Johannesburg is still one of the cheapest places in the world to build, new data shows.
South Africa's embattled construction sector is struggling to recover from the pandemic-induced lull, with rising inflation adding more pressure.
Despite this, Johannesburg still ranks as one of the cheapest cities in the world to build in, according to Turner & Townsend's International Construction Market Survey for 2022. Building in Cape Town, where the average square-metre costs around R20,851, is more expensive than building in Johannesburg, where the average square-metre costs around R19,082.
See omnystudio.com/listener for privacy information.

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