Re-Advertisement: Quotations are hereby invited for the following: Market research for property on Erf 2262 Norkem Park, Extension 2, Kempton Park, Ekurhuleni, Benoni, Gauteng. Scope of Work: The purpose of the assignment is to conduct an independent project specific market study to review and assess the location area for the successful take-up of the 222 affordable rental units under development at an average monthly rental of R 6 383. Duties include but not limited to the following: - Undertake a thorough market assessment on the area where the subject property is located; - Undertake a demand study for affordable rental housing in the subject location and area with the objective to answer the following questions question: 1. What is the demand and affordability, for affordable rental housing in this area, is the average rental of R6 383 per unit reasonable for the area; 2. What are the rentals of similar developments in the target area; 3. What is the anticipated tenanting for rental units in the area; - Compile a comprehensive report with findings, conclusion and recommendations that include the following: 1. Location delineation; 2. Location analysis; 3. Economic Profiling; 4. Demographic Market overview; 5. Residential Market Analysis; 6. Private Rental sector analysis; 7. General Risks. (Offerte №100419001it)