Category
Published stories attached to the Residential category.
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The MOFI Real Estate Investment Fund has disbursed more than N140 billion in mortgage loans to over 2,000 Nigerians across 27 states since its mortgage operations began in April 2025, according to ARM Investment Managers.
As Abidjan's population tops six million, a UN-Habitat report says Sub-Saharan Africa has the world's highest rate of rental unaffordability, with households spending over 30% of income on rent.
A ruling by Kenya's Environment and Land Court in Kisumu shows land buyers can recover money paid and expenses directly linked to a failed transaction — but only where the costs are proven and tied to the deal.
With developable land in Lagos shrinking and prices climbing, developers are turning to high-rise residential buildings to fit more homes on expensive parcels, Elara Development's CEO tells Nairametrics.
Afro-Arab Properties has cut the sod for a 30-unit, three-bedroom housing project at Community 22 Annex in Accra, with a payment plan that lets buyers move in after a 40 per cent down payment.
Prime land in Lagos costs about $1 million for 507 square metres, making it the second-most expensive market among 11 major African cities surveyed in an Estate Intel report.
Shortlet operators in Lagos face growing pressure as more properties enter the market, making scale, cost management and marketing key to staying competitive, industry players said at the Edala Investor's Summit 2.0.
Kenya's Affordable Housing Board has responded to Mukuru applicants who paid deposits for units, saying 15,142 applicants are yet to secure alternative units in the ongoing housing programme.
Radisson Serviced Apartments Umhlanga sold 97 sectional-title units at KwaZulu-Natal's first fully online property development launch, held on the Markt platform.