The Ghanaian government is set to launch a district-level housing initiative aimed at tackling the country’s significant housing deficit. The program, which was announced by Minister for Works and Housing, Kojo Oppong Nkrumah, during the Busia Institute Lecture at Takoradi Technical University on July 31, 2024, seeks to address Ghana's 1.8 million housing gap by decentralizing housing development across...
On September 27, leading representatives of key organisations, professionals, and industry captains will gather at the Accra International Conference Center (AICC) for a high-profile CIR (Chartered Insitute of Realtors) Summit. Themed "Partnering to Resolve Flooding and Reducing the Housing Deficit," the summit aims to tackle two of Ghana's most pressing challenges: flooding and the lack of affordable...
Seven potential developers have embarked on a comprehensive inspection of the Seglemi Housing Project. This crucial step comes on the heels of the Ministry of Works and Housing's announcement of an open call for proposals last month, aiming to solicit private sector involvement in the completion of the long-stalled project. Since the announcement, the Ministry has witnessed an influx of interest...
In Ghana, the housing deficit is significant. According to the Ghana Statistical Service (GSS), it stood at 2 million units in 2022. This suggests a need for 200,000 units annually over the next ten years, assuming steady population growth and constant supply at prevailing rates. Home pricingIncreasing permanent income, graduate education, and a growing expatriate population are some major factors...
SuCasa Properties, Ghana's premier real estate company, is paving the way for accessible homeownership with its diverse range of flexible payment plans and customizable housing options. Mr Isaac Preko Boateng, Chief of Staff to the CEO of SuCasa, emphasized the company's commitment to providing tailored solutions for prospective homeowners during an interview with KC on the Citi Breakfast Show. Mr...
The Managing Director of the State Housing Company (SHC), Kwabena Ampofo Appiah, highlighted the company's successful efforts in curbing infractions and irregularities during an appearance before Parliament's Public Accounts Committee. The Committee lauded SHC for a notable reduction in issues reported in the 2021 Auditor General's Report. Ampofo Appiah, speaking to JoyNews, emphasized the...
Owning a home is everyone’s dream, regardless of one’s geographical location or race. In developing countries like Ghana, where inequalities are high and the housing deficit remains wide, it is considered a great achievement to live in one’s own home, be it a willed property, a family home, or a self-acquired apartment. Growing up, our parents often encouraged us to study hard in school, get a...
ACCRA, Ghana - The government has received a call to provide robust support to the real estate industry to facilitate the construction of affordable houses for Ghanaians. John William Adel, President of real estate firm Kasa Bazaar, emphasized the importance of government intervention to bolster the real estate sector. Speaking at the launch of Kasa Bazaar in Accra, Adel urged the government to...
The Managing Director of Tema Development Company Limited (TDC), Mrs Alice Abena Ofori-Atta, has emphasized the positive impact of the company's efforts to provide affordable housing for the people of Ghana. Speaking during a press briefing organized by the Ministry of Information on Sunday, January 15, Mrs Ofori-Atta highlighted the importance of affordable housing delivery in the country. She...
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