28.10.2014 Views

Student accommodation in Johannesburg - Plusto.com

Student accommodation in Johannesburg - Plusto.com

Student accommodation in Johannesburg - Plusto.com

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

<strong>Student</strong> <strong>ac<strong>com</strong>modation</strong><br />

<strong>in</strong> <strong>Johannesburg</strong>


Evolution of <strong>Student</strong><br />

<strong>ac<strong>com</strong>modation</strong><br />

• Focused part of residential property<br />

sector<br />

• Increased demand<br />

• Approximately 26000 students seek<strong>in</strong>g<br />

<strong>ac<strong>com</strong>modation</strong> from University of the<br />

Witwatersrand and University of<br />

<strong>Johannesburg</strong>


Accreditation<br />

• Accreditation policy for Landlords<br />

• Specific requirements per Property<br />

• Mitigate aga<strong>in</strong>st poor quality<br />

<strong>ac<strong>com</strong>modation</strong> and student exploitation


Fund<strong>in</strong>g<br />

• NSFAS (National <strong>Student</strong> F<strong>in</strong>ancial Aid<br />

Scheme)<br />

• Corporate Bursaries<br />

• International <strong>Student</strong>s<br />

• Cash <strong>Student</strong>s


Private, off-campus<br />

Ac<strong>com</strong>modation<br />

• Wide variety of <strong>ac<strong>com</strong>modation</strong> providers<br />

• Competitive market<br />

• Ac<strong>com</strong>modation and unit types<br />

• Added services


Property Management<br />

• Multiple tenants per unit<br />

• Furnished units<br />

• House rules<br />

• University policies<br />

• Eduloan swip<strong>in</strong>g and student arrears


Pric<strong>in</strong>g<br />

• Price ceil<strong>in</strong>g for NSFAS student<br />

• Deposit<br />

• Adm<strong>in</strong> fee


Conclusion<br />

• More choice<br />

• High standards of <strong>ac<strong>com</strong>modation</strong><br />

• Off campus policies


Mafadi Property<br />

Management<br />

• Focused solely on <strong>in</strong>ner city management<br />

and lett<strong>in</strong>g<br />

• Residential , student and <strong>com</strong>mercial

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!