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.
Speculative risk is a situation that holds out the prospects of loss, gain, or no loss no gain (break-even situation). Speculative risks are very common in business undertakings. For example, if you establish a new business, you would make a profit if the business is successful and sustain loss if the business fails.