SAQA All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source.
SOUTH AFRICAN QUALIFICATIONS AUTHORITY 
REGISTERED UNIT STANDARD THAT HAS PASSED THE END DATE: 

Demonstrate an understanding of property market in order to structure a finance solution to meet social housing development 
SAQA US ID UNIT STANDARD TITLE
263901  Demonstrate an understanding of property market in order to structure a finance solution to meet social housing development 
ORIGINATOR
SGB Housing 
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY
-  
FIELD SUBFIELD
Field 12 - Physical Planning and Construction Physical Planning, Design and Management 
ABET BAND UNIT STANDARD TYPE PRE-2009 NQF LEVEL NQF LEVEL CREDITS
Undefined  Regular  Level 6  Level TBA: Pre-2009 was L6  8 
REGISTRATION STATUS REGISTRATION START DATE REGISTRATION END DATE SAQA DECISION NUMBER
Passed the End Date -
Status was "Reregistered" 		 2018-07-01  2023-06-30  SAQA 06120/18 
LAST DATE FOR ENROLMENT LAST DATE FOR ACHIEVEMENT
2024-06-30   2027-06-30  

In all of the tables in this document, both the pre-2009 NQF Level and the NQF Level is shown. In the text (purpose statements, qualification rules, etc), any references to NQF Levels are to the pre-2009 levels unless specifically stated otherwise.  

This unit standard does not replace any other unit standard and is not replaced by any other unit standard. 

PURPOSE OF THE UNIT STANDARD 
This unit standard is for learners working within a social housing context and involved in negotiating finance arrangements for property development. Learners will be able to identify the finance requirements of social housing institutions, structure an appropriate property finance solution, identify appropriate product options and complete the necessary documentation.

The qualifying learner is capable of:
  • Demonstrating an understanding of the basic principles of property investment and finance.
  • Identifying the appropriate financial solution that meets a client`s needs.
  • Developing an appropriate solution.
  • Completing the documentation. 
    		•

    LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
    It is assumed that the learner is competent in:
  • Communication at NQF Level 4.
  • Financial management skills. 
    		•

    UNIT STANDARD RANGE 
    The finance solutions include but are not limited to bank-related solutions, debt and equity mechanisms of financing property according to specific needs. 

    Specific Outcomes and Assessment Criteria: 

    SPECIFIC OUTCOME 1 
    Demonstrate an understanding of the property market. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    Concepts and principles of economics, investment and finance are explained in relation to local, national and international economies. 

    ASSESSMENT CRITERION 2 
    The economic forces that operate in the property market are examined using a case study. 

    ASSESSMENT CRITERION 3 
    The major property sectors are examined from local, national and international contexts. 
    ASSESSMENT CRITERION RANGE 
    Major sectors refer to but are not limited to property letting, property development and property investment.
     

    ASSESSMENT CRITERION 4 
    The property market is analysed using case studies. 

    ASSESSMENT CRITERION 5 
    Risks and returns in the property market are assessed using case study. 

    SPECIFIC OUTCOME 2 
    Identify and evaluate the appropriate financial solutions that meet client`s needs. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    The financial needs are reviewed to develop specific criteria to meet client's requirements. 

    ASSESSMENT CRITERION 2 
    The complexity of the needs is evaluated to determine the nature of finance required for social housing property development. 

    ASSESSMENT CRITERION 3 
    A range of finance options is identified in terms of match with the client`s needs and risks, taking into account any client provisos. 

    ASSESSMENT CRITERION 4 
    The profitability associated with each option is assessed in line with the lender and investor requirements. 

    ASSESSMENT CRITERION 5 
    The risk associated with each option is assessed in line with the lender, investor and Social housing institution requirements. 

    SPECIFIC OUTCOME 3 
    Develop an appropriate solution. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    A range of finance options are identified and assessed in line with business needs and abilities in order to select a suitable product or option. 

    ASSESSMENT CRITERION 2 
    Specific collateral solutions are conducted according to required guidelines. 
    ASSESSMENT CRITERION RANGE 
    Collateral solutions refer to property valuations.
     

    ASSESSMENT CRITERION 3 
    The financial profitability and risks associated with each option are assessed in line with applicable requirements. 

    ASSESSMENT CRITERION 4 
    A range for price negotiation is determined for each option. 
    ASSESSMENT CRITERION RANGE 
    Price negotiations include the price of built product, price of debt and leases.
     

    ASSESSMENT CRITERION 5 
    Finance option decisions are recorded according to good governance requirements. 

    SPECIFIC OUTCOME 4 
    Complete the documentation. 
    OUTCOME RANGE 
    Documentation includes but is not limited to contractual documents and memorandum of agreements. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    The required documentation is completed and collated according to good governance and legal requirements. 

    ASSESSMENT CRITERION 2 
    The required documentation is verified and signed by authorised signatories of the client and the lender and/or financier according required procedures. 

    ASSESSMENT CRITERION 3 
    Documentation relating to the financial agreement is prepared and stored for record keeping in accordance with institutional and legal requirements. 


    UNIT STANDARD ACCREDITATION AND MODERATION OPTIONS 
  • Anyone assessing a learner or moderating the assessment of a learner against this unit standard must be registered as an assessor with the relevant ETQA or HEQC.
  • Any institution offering learning that will enable the achievement of this unit standard must be accredited as a provider with the relevant ETQA or HEQC.
  • Assessment and moderation of assessment will be overseen by the relevant ETQA or HEQC according to the ETQA or HEQC's policies and guidelines for assessment and moderation.
  • Moderation must include both internal and external moderation of assessments at exit points of the qualification, unless ETQA or HEQC policies specify otherwise. Moderation should also encompass achievement of the competence described both in individual unit standard as well as the integrated competence described in the qualification. 
    		•

    UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE 
    The learner must have knowledge and the ability to apply and demonstrate an understanding of:
  • Financial analysis skill to evaluate a business`s financial position.
  • Analysis and judgement in both written and verbal communication.
  • Specific banking policies and procedures relating to the function/tasks performed.
  • Business credit risk and principles of sound lending.
  • Wide range of banking products.
  • Computer systems to locate the necessary information and complete the function/task.
  • Good customer relation skills.
  • Negotiation skills. 
    		•

    UNIT STANDARD DEVELOPMENTAL OUTCOME 
    N/A 

    UNIT STANDARD LINKAGES 
    N/A 


    Critical Cross-field Outcomes (CCFO): 

    UNIT STANDARD CCFO IDENTIFYING 
    Identifying and solving problems relating to financial constraints on housing assistance to finance property by identifying and developing various finance options. 

    UNIT STANDARD CCFO COLLECTING 
    Collecting, analysing, organising and critically evaluating information in connection with the property market to determine suitable property finance and investment options. 

    UNIT STANDARD CCFO COMMUNICATING 
    Communicating effectively using visual, mathematical and/or language skills in the form of oral and/or written presentation of information to key stakeholders. 

    UNIT STANDARD CCFO DEMONSTRATING 
    Demonstrate an understanding of the world as a set of related systems by recognising that problem-solving contexts do not exist in isolation by assessing the socio-economic environment from a local, national and international property market to determine property finance solution according to best practice. 

    UNIT STANDARD ASSESSOR CRITERIA 
    N/A 

    REREGISTRATION HISTORY 
    As per the SAQA Board decision/s at that time, this unit standard was Reregistered in 2012; 2015. 

    UNIT STANDARD NOTES 
    Integrated Assessment:

    When conducting assessments, assessors must ensure that they are familiar with the full text of the unit standards being assessed. Assessors must ensure that the assessment covers the specific outcomes, critical cross-field outcomes and essential embedded knowledge by developing assessment activities and tools, which are appropriate to the contexts in which the learners are working. These activities and tools may include self-assessment, peer assessment, formative and summative assessment. It may be more effective and efficient to assess a number of unit standards together in an integrated way, thus reducing the overall number of assessments and ensuring that commonalities that exist between a number of unit standards are captured in a way that makes sense for assessment.

    Assessment Option:

    Learners could be assessed using the following methods:
  • Oral or written questions.
  • Observation.
  • Simulation.
  • Role-plays.
  • Project, etc. 
    		•

    QUALIFICATIONS UTILISING THIS UNIT STANDARD: 
      ID QUALIFICATION TITLE PRE-2009 NQF LEVEL NQF LEVEL STATUS END DATE PRIMARY OR DELEGATED QA FUNCTIONARY
    Elective  66089   National Certificate: Human Settlements Development  Level 5  Level TBA: Pre-2009 was L5  Passed the End Date -
    Status was "Reregistered"     		 2023-06-30  CETA 


    PROVIDERS CURRENTLY ACCREDITED TO OFFER THIS UNIT STANDARD: 
    This information shows the current accreditations (i.e. those not past their accreditation end dates), and is the most complete record available to SAQA as of today. Some Primary or Delegated Quality Assurance Functionaries have a lag in their recording systems for provider accreditation, in turn leading to a lag in notifying SAQA of all the providers that they have accredited to offer qualifications and unit standards, as well as any extensions to accreditation end dates. The relevant Primary or Delegated Quality Assurance Functionary should be notified if a record appears to be missing from here.
     
    NONE 


    All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source.