Yearbooks

Programme: BSc Real Estate

Kindly take note of the disclaimer regarding qualifications and degree names.
Code Faculty
12132016 Faculty of Engineering, Built Environment and Information Technology
Credits Duration
Duration of study: 3 years
Contact:
Dr M Burger
[email protected]
+27 (0)124203111

Programme information

Real estate is the study of fixed property and related aspects such as property economics, development, management, valuation, financing, investment and marketing.

Apart from a future in areas such as property investment, property finance and facilities and property management, further studies to obtain an honours degree in real estate can lead to registration as a professional property valuer. Career opportunities encompass the whole spectrum of the property sector, whether as entrepreneurs in the private sector or as employees in the private, government or semi-governmental sectors.

The degree is awarded if all the prescribed modules have been passed.

Admission requirements

  •   In order to register NSC/IEB/Cambridge candidates must comply with the minimum requirements for degree studies as well as with the minimum requirements for the relevant study programme.
  •  Life Orientation is excluded when calculating the APS.
  • Grade 11 results are used in the provisional admission of prospective students.
  • A valid National Senior Certificate (NSC) with admission to degree studies is required.
  • Minimum subject and achievement requirements, as set out below, are required.On first-year level a student has a choice between Afrikaans and English as language medium. In certain cases, tuition may be presented in English only, for example in electives, where the lecturer may not speak Afrikaans or in cases where it is not economically or practically viable.
  • Provisional admission to the four-year programme in the School of Engineering is only guaranteed if a prospective student complies with ALL the requirements below.
 
Note
 
Candidates who do not comply with the minimum requirements, set out above, but who have obtained a minimum APS of 30,an achievement level of 5 for English or Afrikaans, 6 for Mathematics and 5 for Physical Science, will be considered for provisional admission to either the four-year programme or the ENGAGE programme based on the results of the compulsory NBT.
 
Admission to ENGAGE in the School of Engineering will be determined by the results of the NBT, NSC results, an achievement level of 5 in Mathematics and 4 in Physical Science, as well as an achievement level of 4 in Afrikaans or English, together with an APS of 25.
 
Students may apply directly to be considered for the ENGAGE programme.
 
 
Minimum requirements for 2016
Achievement level
Afrikaans of Engels Mathematics Physical Science TPT
NSS/IEB HIGCSE AS-Level A-Level NSS/IEB HIGCSE AS-Level A-Level NSS/IEB HIGCSE AS-Level A-Level
5 3 C C 5 3 C C

or Account-

ing

4

or Account-

ing

3

or Account-

ing

D

or Account-

ing

D

30
 
 

Promotion to next study year

  1. Promotion to the second semester of the first year and to the second year of study
  1. A newly registered first-year student who failed all the prescribed modules for the programme at the end of the first semester shall not be readmitted to the School for the Built Environment in the second semester.
  2. A student who complies with all the requirements of the first year of study, or has at least obtained 110 credits, is promoted to the second year of study.
  3. A student who has not obtained at least 70% of the credits of the first year of study after the November examinations must reapply for admission should he/she intend to continue with his/her studies. Written application must be submitted to the student administration of the School for the Built Environment no later than 12 January. Late applications will be accepted only in exceptional circumstances after approval by the Dean and conditions of readmission as determined by the admissions committee shall apply should first-year students be readmitted.
  4. Students who have not passed all the prescribed modules of the first year of study, as well as students who are readmitted in terms of (c) must register for the outstanding modules of the first year.
  5. A student who is repeating his/her first year, may, on recommendation of the relevant head of department and with the approval of the Dean, be permitted to enrol for modules of the second year of study in addition to the first-year modules which he or she failed, providing that he or she complies with the prerequisites for the second-year modules and that no timetable clashes occur. The number of credits per semester for which a student registers may not exceed the prescribed number of credits per semester by more than 16 credits.

 

  1. Promotion to the third year of study
  1. A student who complies with all the requirements of the second year of study, or has at least obtained 230 credits, is promoted to the third year of study.
  2. The Dean may, on the recommendation of the Head of Department, allow a student, who qualifies for promotion to a subsequent year of study, but who has not passed all the modules of that year, to carry over those modules to the next or a later year.
  3. The number of credits per semester for which a student registers may not exceed the prescribed number of credits per semester by more than 16 credits.
  4. A student who complies with all the requirements for the degree with the exception of one year module or two semester modules, in which a final mark of at least 40% has been obtained, may be admitted to a special examination in the module(s) concerned, at the start of the ensuing semester.
  5. (e) On the recommendation of the Head of Department, the Dean may in exceptional circumstances deviate from the abovementioned stipulations, provided that no timetable clashes occur.

Pass with distinction

The degree is conferred with distinction on a student:

  1. if no module of the second and third study year was repeated and a weighted average of at least 75% was obtained in one year in all the modules (excluding JCP 201), of the final study year;
  2. the degree programme was completed within the prescribed three study years, and the final study year modules were passed on first registration without any supplementary or special examinations.

Minimum credits: 127

Fundamental modules

Core modules

  • Module content:

    The structure of the building industry and the role of building disciplines and related parties.

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  • Module content:

    Students are introduced to design aspects in the built environment by doing basic technical drawings of simple building structures with appropriate detail sketches. Assignments during the semester expose the students to building plan interpretation through the following topics: foundations; super-structure; roof structure; window and door types; plan and sectional drawings and local authority submission criteria.

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  • Module content:

    Broadens the vocabulary of the technical language from BOU 111. Students are introduced to other aspects of the building industry that include the following topics: topography; symbols; ergonomic design principles; orientation of buildings; perspective drawings; waterproofing and dampcourse applications.

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  • Module content:

    Principles, methods and materials used in best practice in the construction of simple single-storey buildings up to wall plate height.

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  • Module content:

    Principles, methods and materials used in best practice in the construction of simple single-storey buildings from wall plate height to completion including finishes and external work. Introduction to alternative practices and materials for sustainability.

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  • Module content:

    This module deals with the core principles of economics. A distinction between macroeconomics and microeconomics is made. A discussion of the market system and circular flow of goods, services and money is followed by a section dealing with microeconomic principles, including demand and supply analysis, consumer behaviour and utility maximisation, production and the costs thereof, and the different market models and firm behaviour. Labour market institutions and issues, wage determination, as well as income inequality and poverty are also addressed. A section of money, banking, interest rates and monetary policy concludes the course.

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  • Module content:

    This module deals with the core principles of economics, especially macroeconomic measurement the private and public sectors of the South African economy receive attention, while basic macroeconomic relationships and the measurement of domestic output and national income are discussed. Aggregate demand and supply analysis stands core to this course which is also used to introduce students to the analysis of economic growth, unemployment and inflation. The microeconomics of government is addressed in a separate section, followed by a section on international economics, focusing on international trade, exchange rates and the balance of payments. The economics of developing countries and South Africa in the global economy conclude the course.

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  • Module content:

    Sanitary services; soil and waste drainage for simple, multi-storey and multi-purpose buildings; local sewage by-laws; construction of all types of sewage and sanitary fittings.

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  • Module content:

    Sanitary services; hot and cold-water supply to simple and multi-storey buildings; local by-laws; water reticulation to town development; different hot-water systems; water purification systems; water and energy saving.

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  • Module content:

    Introduction to quantity surveying, mensuration; interpretation of drawings, methodology of measuring, working up processes, general instructions, measuring of simple building elements.

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  • Module content:

    Introduction to the study and application of the history of the environment. Insight in the process of endemic building, settlement and urbanisation in various periods and environments. Concise history of the environments of the Antique, Bronze Era, Classical, Christian, Judaic, and Muslim cultures of the Mediterranean and European civilizations up until the Renaissance. Buddhism and Shintoism in the East.

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  • Module content:

    Real numbers, elementary set notation, exponents and radicals. Algebraic expressions, fractional expressions, linear and quadratic equations, inequalities. Coordinate geometry: lines, circles. Functions: definition, notation, piecewise defined functions, domain and range, graphs, transformations of functions, symmetry, even and odd functions, combining functions, one-to-one functions and inverses, polynomial functions and zeros.
    Sequences, summation notation, arithmetic, geometric sequences, infinite geometric series, annuities and instalments. Degrees and radians, unit circle, trigonometric functions, fundamental identities, trigonometric graphs, trigonometric identities, double-angle, half-angle formulae, trigonometric equations, applications.

    This module is only offered in English at the Mamelodi Campus for the BSc Extended programme. At the Hatfield and Groenkloof campuses it is offered in English and Afrikaans.

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  • Module content:

    Introduction to real estate. Different stakeholders in the property industry and the relationship to other industries. Fields of specialization in the property industry and the role and interaction of each.

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  • Module content:

    Introduction to property development. A study of the principles of property development including the relevant statutes and ordinances: Urban development, control of land in South Africa. Town planning.

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Minimum credits: 114

Core modules

  • Module content:

    Erection and construction of multi-storey buildings, including site management and temporary site work, building equipment and earthwork machinery, specialised foundations, bulk excavations and advanced concrete construction, including retaining walls. Timber and steel structures as construction methods.

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  • Module content:

    Material study of metals and advanced materials. Study and development of sensitivity for and the philosophy of industrial safety, accident prevention and total loss control safety risk management in the construction industry.

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  • Module content:

    *Only for BSc (Mathematical Statistics. Construction Management, Real Estate and Quantity Surveying) and BEng (Industrial Engineering) students.
    Purpose and functioning of financial management. Basic financial management concepts.  Accounting concepts and the use of the basic accounting equation to describe the financial position of a business. Recording of financial transactions. Relationship between cash and accounting profit. Internal control and the management of cash. Debtors and short-term investments. Stock valuation models. Depreciation. Financial statements of a business. Distinguishing characteristics of the different forms of businesses. Overview of financial markets and the role of financial institutions. Risk and return characteristics of various financial instruments. Issuing ordinary shares and debt instruments.

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  • Module content:

    *Only for BSc (Mathematical Statistics, Construction Management, Real Estate and Quantity Surveying) students.
    Analysis of financial statements. Budgeting and budgetary control. Tax principles and normal income tax for individuals. Time value of money and its use for financial and investment decisions. Calculating the cost of capital and the financing of a business to maintain the optimal capital structure. Capital investment decisions and a study of the financial selection criteria in the evaluation of capital investment projects. The dividend decision and an overview of financial risk management.

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  • Module content:

    Introduction to the principles of indoor comfort. Heating, ventilation and air-conditioning systems. Installation and operation of lifts and other mechanical services. Fire detection and protection.

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  • Module content:

    Concise history of the environment of the West, from the circumnavigation of the southern Cape Point in 1488 AD until the present, with specific reference to contemporaneous environments in Southern Africa.

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  • Module content:

    Water reticulation; sewerage reticulation; stormwater reticulation; roads.

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  • Module content:

    Descriptive statistics:
    Sampling and the collection of data; frequency distributions and graphical representations. Descriptive measures of location and dispersion.
    Probability and inference:
    Introductory probability theory and theoretical distributions. Sampling distributions. Estimation theory and hypothesis testing of sampling averages and proportions (one and two-sample cases). Identification, use, evaluation and interpretation of statistical computer packages and statistical techniques.

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  • Module content:

    *Offered by the Department of Statistics
    Multivariate statistics analysis of variance; categorical data analysis; distribution-free methods; curve fitting, regression and correlation; the analysis of time series and indices. Identification, use, evaluation and interpretation of statistical computer packages and statistical techniques.
    This module is also presented as an anti-semester bilingual module.

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  • Module content:

    Theory of electricity; regulations of electricity-supply authorities; electrical installations; distribution of electricity.

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  • Module content:

    Property economics and -finance, welfare and economic efficiency: economic efficiency through the price system. Real property: characteristics and functions of the real property market; pricing of land and resources. Development: the development process; timing and rate of development; finance for development; redevelopment; public sector development; economics of planning controls; the construction industry. Urban land use: land use and land values; pattern of urban land use; growth of urban areas; quality of urban environment; housing; regional policy. The government and land resources: impact of government economic policy on land resources; theory of urban public finance; taxation and land resources; recent developments.

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  • Module content:

    Property Management. The role of the property manager, functions of property management, the management contract, the owner/manager relationship, principles of property maintenance, principles of energy management, principles of risk management, fire prevention and control, emergency management, environmental impact and pollution aspects, management budgets.

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  • Module content:

    Property marketing. The role of property marketing in the real estate industry. Marketing principles and objectives. Methods of marketing of different types of property to obtain optimum results.

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Minimum credits: 108

Core modules

  • Module content:

    Introduction to law. General principles of the law of contract. Specific contracts: purchase contracts; letting and hiring of work; employment contracts. Agency. General aspects of entrepreneurial law. Dispute resolution – mediation and arbitration.

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  • Module content:

    Concepts, principles, history, current trends in settlement, shelter and integrated living environments; role of housing in society; statutory policy and planning frameworks and paradigms; housing delivery options; housing development management; financing and property rights options; housing types and densities; housing product, norms and standards; management and maintenance of social housing stock; housing needs assessment and post-occupancy evaluation; consumer education and protection.

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  • Module content:

    Erection and construction of specialised building components and finishes. Acoustics. Material study of plastics, glues, rubber, mastics, bonding agents, fibre cement, bituminous products, sealers, epoxies and waterproofing.

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  • Module content:

    Thermal properties of insulation systems and construction materials. Critical review of current development and construction practice; alternative construction technologies; innovation in construction; technical evaluation of innovative construction materials and methods; life cycle costing and life cycle analysis; the National Building Regulations.

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  • Module content:

    Moveable and immovable property. Rights over immovable property; private legal circumscription of ownership; relevant legislation pertaining to property; real securities; the registration of rights; zoning regulations.

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  • Module content:

    This project-orientated module is a form of applied learning which is directed at specific community needs and is integrated into all undergraduate academic programmes offered by the Faculty of Engineering, Built Environment and Information Technology. The main objectives with the module are as follows:
    (1) The execution of a community related project aimed at achieving a beneficial impact on a chosen section of society, preferably but not exclusively, by engagement with a section of society which is different from the student's own social background.
    (2) The development of an awareness of personal, social and cultural values, an attitude to be of service, and an understanding of social issues, for the purpose of being a responsible professional.
    (3) The development of important multidisciplinary and life skills, such as communication, interpersonal and leadership skills.
    Assessment in the module will include all or most of the following components: evaluation and approval of project proposal, assessment of oral and/or written progress reports, peer assessment in the event of team projects, written reportback by those at which the project was aimed at, and final assessment on grounds of the submission of a portfolio and a written report.

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  • Module content:

    Application of the principles of interest calculations on the property industry; more specifically the time value of money, introduction to financial return techniques, net present values and internal rate of return.

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  • Module content:

    Principles of illumination; illumination installations; lightning security; security systems; communication systems. Multimedia installations.

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  • Module content:

    Introduction to sustainable development and general sustainable construction principles, processes and technology. Sustainable practices on the construction site. Relevant regulations and voluntary programmes, including an introduction to ‘Green Star’ rating.

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  • Module content:

    The concept of value, the valuer, standard of valuations, the Surveyor-general, local authorities, land use planning, town planning regulations, calculation of areas, records of the valuer. Factors affecting the value of different types of properties, appreciation and depreciation, different approaches to valuation, the value of improvements, the valuation report.

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  • Module content:

    Property investment. The nature and scope of real estate investment, objectives of property investors, participants in the property investment process, the investment decision process, investment criteria, investment time horizons, decision-making approaches, different taxes applicable to property investment and -development.

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  • Module content:

    Overview of property development: the establishment of townships, types of dwelling units and housing types, principles of medium and high density residential developments, sectional title and group housing, development of retirement centres, introduction to commercial property development.

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  • Module content:

    Introduction to scientific research. Planning and preparation of a research project. Different research methods.

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The information published here is subject to change and may be amended after the publication of this information. The General Regulations (G Regulations) apply to all faculties of the University of Pretoria. It is expected of students to familiarise themselves well with these regulations as well as with the information contained in the General Rules section. Ignorance concerning these regulations and rules will not be accepted as an excuse for any transgression.

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