For more luxurious houses and finishing, the average unit price can easily be R4,000 to R8,000 per square meter, but it is the opinion of inhouseplans.com that around R4,300 per mÂ² is a realistic average for a typical suburban house of 200mÂ² during the year of 2008.
noun. The definition of a prospect is an expected outcome or a likely customer. An example of prospect is a new client with whom a company is counting on signing a contract.
What is 'Speculation'. Speculation is the act of trading in an asset or conducting a financial transaction that has a significant risk of losing most or all of the initial outlay with the expectation of a substantial gain. With speculation, the risk of loss is more than offset by the possibility of a huge gain, otherwise there would be very little motivation to speculate.