Housing Department Response 2

“Good Morning

In response to your e-mail below, please find our response as follows:-

The overall cost of the project is as follows:

1. Initial costs incurred for professional fees = R 3 143 341.00
2. Construction costs = R 41 821 145.00
3. New professional costs = R 1 561 800.00
4. Socail facilitation costs = R 100 000.00
5. Contingencies [  demolition and sectional title costs] = R 1 491 006.00

TOTAL COST = R 48 117 292.00