The future of student accommodation : the development potential of accommodation in the Hatfield Student Village

dc.contributor.advisorCruywagen, J.H.H.
dc.contributor.emailanrix.coetzee@gmail.comen_ZA
dc.contributor.postgraduateCoetzee, Anrike
dc.date.accessioned2020-02-17T07:53:36Z
dc.date.available2020-02-17T07:53:36Z
dc.date.created2020-04-21
dc.date.issued2019-10-17
dc.descriptionDissertation (MSc)--University of Pretoria, 2019.en_ZA
dc.description.abstractOver the past decade, the demand for student housing in the Hatfield Student Village, situated between the Hatfield and Hillcrest campuses of the University of Pretoria, has grown to a point, where the demand greatly overshadows the supply. Local developers, who recognised the need for housing among students, have made great progress in filling this gap. It has come to a point, where the University of Pretoria has the second largest supply of student housing in South Africa, after the University of Cape Town. This study has sought to determine whether there is still development potential for student housing in the Hatfield area, and also to develop a 10-year masterplan for the future development of accommodation in the Hatfield and Hillcrest areas. Prominent development companies in the student-housing industry were contacted; and interviews were conducted with 8 high-ranking individuals in 8 different companies. The interviews determined the developers’ appetites for the further development of student accommodation in an area, which is already highly competitive. Interviews were also conducted with various role-players in Hatfield, such as the CEO of Hatfield CID, as well as prominent Estate Agents working in the area. Further data were collected on the various occupancy levels in the existing student accommodation, in order to determine the need for future development. The results showed that developers have developed the area to supply about 11 315 beds to the market. With 4 178 beds in line to enter the market within the next 5 to 10 years, the supply will be much larger than the demand. Opportunity must be given to the economy to recover; and thereafter, further development of student accommodation must concentrate on providing units for low-income students. A 10-year masterplan, divided into short-, medium- and long-term time periods, provides a potential road-map to follow, for the future of student accommodation in the Hatfield Student Village. The plan elaborates on future development and the type of development, which would ensure a successful student community for the University of Pretoria.en_ZA
dc.description.availabilityUnrestricteden_ZA
dc.description.degreeMSc (Real Estate)en_ZA
dc.description.departmentConstruction Economicsen_ZA
dc.identifier.citationCoetzee, A 2019, The future of student accommodation : the development potential of accommodation in the Hatfield Student Village, MSc (Real Estate) Dissertation, University of Pretoria, Pretoria, viewed yymmdd <http://hdl.handle.net/2263/73329>en_ZA
dc.identifier.otherA2020en_ZA
dc.identifier.urihttp://hdl.handle.net/2263/73329
dc.language.isoenen_ZA
dc.publisherUniversity of Pretoria
dc.rights© 2019 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria.
dc.subjectUCTDen_ZA
dc.subjectPropertyen_ZA
dc.subjectStudent Accommodationen_ZA
dc.subjectStudent Housingen_ZA
dc.subjectDevelopment Potentialen_ZA
dc.subjectMasterplanen_ZA
dc.titleThe future of student accommodation : the development potential of accommodation in the Hatfield Student Villageen_ZA
dc.typeDissertationen_ZA

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