Purpose of Property Development - 1 Year Learning Programme
Property development, the creation, refurbishment, redeveloping, etc. of property is a major ‘tool’ for the investment of money into fix-built environment assets, to keep it fit for purpose and to manage property as an investment instrument over very long periods of time.
The State, on all levels, including the parastatals (government corporations) represents the biggest category of property development and ownership in the country (as it does in most countries). Although State property development and ownership is typically not profit driven, the fundamentals are no different from the private sector. Private sector property development and ownership is a huge wealth creating mechanism. From owning a private home/flat to large commercial and industrial portfolios worth billions, property is an undisputed creator of wealth.
The purpose of this qualification is to prepare learners to perform the functions required from an individual that fulfils a development or related role within the property development sector. Within the South African contexts, the purpose of this Higher Certificate is specifically focused to fill the existing gap in terms of the need for individuals properly trained within the Property Development Sector.
There are untold numbers of opportunities in the property industry for persons with the necessary skills. It also offers exhilarating prospects for those individuals that can bring the funding together, to embark on an entrepreneurial path of initiating and creating fixed assets. For those who do this prudently, the rewards are well worth the effort.
The process of property development and the management of properties as fixed assets is also a job creation mechanism for many other role players such as professional built environment practitioners, and very specifically for project managers, facilities managers and quantity surveyors.
The Higher Certificate in Property Development guides students through the entire process of property development, from green field conversion to cities, legal and financial imperatives, redevelopment, management of properties, and much more.
This certificate offers a rare opportunity to obtain a well-structured property development knowledge base for people who could not, or cannot for whatever reason, spend years of full-time study on a university campus.
Both the public and private sectors are challenged by the management task related to their large investments in the built environment. This Program is designed to address these needs, especially in relation to working adults actively participating within the sector and those that wish to grow their knowledge and skills within the property development environment that contributes towards the South African economy and upliftment of communities.
The outcome of this qualification is to provide properly qualified people to the built environment industry, who can follow a career path from entry-level, middle management to senior positions in Property Development arena.