Property
Explore Namibia's property market with The Brief. Get insights on real estate trends, investment opportunities, and expert advice for buyers and investors.
NHE struggles with mounting losses amid high operating costs, liquidity challenges
The National Housing Enterprise (NHE) has reported a continued decline in profitability, with significant operating losses...
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High interest rates impact property affordability for buyers and sellers
Nedbank Namibia says the property market faces challenges, particularly driven by high interest rates that have...
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City of Windhoek approves 1,292 building plans worth N$1.25 billion
The City of Windhoek approved 1,292 building plans worth N$1.25 billion year-to-date representing a 2% increase...
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N$100-million Maerua Mall expansion completion anticipated before December
Oryx Properties says the Maerua Mall renovation and expansion project is now in its practical completion...
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Windhoek approves development of Otjomuise Extension 12 with 146 erven
The Municipal Council of Windhoek has approved the development of Otjomuise Extension 12, a new township that...
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NHE and DWN partner to accelerate delivery of affordable housing for low-income Namibians
The National Housing Enterprise (NHE) has signed a Memorandum of Understanding (MoU) with the Development Workshop...
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Namibians need to earn N$36K monthly to afford N$1m bond on house
Namibians require a monthly income of N$36,000 to afford a N$1-million home loan, according to Salomo...
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Old Mutual Namibia launches N$50m Affordable Housing Fund
Old Mutual Namibia has launched a new Affordable Housing Fund with an initial investment of N$50...
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Windhoek receives 233 new plan submissions valued at N$227.5 million in July
The City of Windhoek in July 2024 received 233 construction plans valued at N$227.5 million in...
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Houses sold in Q1 dip by 17.6% as prices rise by 0.3%
First National Bank's House Price Index indicates a continued slowdown in housing transaction volumes, but the...
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