SFT addressing the housing shortage in South Africa

It is estimated that 26% of households in the six metropolitan areas in our country live in in-formal dwellings, often “illegally” and with limited access to services like electricity and water. This is a significant number considering that our population stands at 51m according to 2012 statistics.

Our government has set a targeted mandate of housing for all by 2014, as a part of its national spatial development agenda. Much of government effort has focused on the provision of subsidised housing, first introduced under the Reconstruction and Development Program (RDP), commonly known as the RDP Housing program.

However, escalating housing prices, limited access to land and housing finance, land regulations which govern sub-division of land, highly regressive land taxation, and low supply elasticity of subsidised housing has made it difficult for poor as well as middle class households to enter the formal housing market.

Based on the variables mentioned above, SFT Group has decided to acquire Adventure Shells, an alternative housing development solution to address the middle income group which can neither qualify for decent formal housing nor qualify under the RDP - the Government alternative.

BENEFITS

The PVC houses can be erected quickly and at low cost and are designed in accordance with accepted South African civil engineering standards. The shells can be quickly erected by unskilled labour and are waterproof and maintenance free.
http://adventureshells.co.za/

WATER TREATMENT

The solution to housing shortage also requires a quick solution to water treatment. The Bubbler system will be used to treat waste water which means people can be settled quickly and efficiently.

 

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    SFT will achieve its vision by providing unique innovative Investor and partnership commercial solutions to attract and develop strategic Industries and businesses  to strengthen African Continent‎ globally.

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    • -1. Minerals and Renewable Energy

    • -2. Infrastructure and Housing development
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