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Current challenges propelling the housing deficit in Ghana
Residential and commercial developments dominate the property market. The residential market is the most active, registering an estimated 85,000 transactions per annum over the past decade, according to Ghana Investment Promotion Company (GIPC). Commercial property is the second-largest segment in the market and includes office accommodation and retail space. The industrial segment is significantly smaller...
September 17, 2021
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Why There’s No Affordable Housing in Accra Despite the Property Boom
The Executive Secretary of the Ghana Real Estates Developers Association (GREDA), Mr. Samuel Amegayibor, has projected that the total housing shortage in Ghana will hit 5.7 million by the year 2020. According to him, “figures from the Ghana Statistical Service indicate a deficit of 1.7 million housing units, which is projected to hit about two...
August 18, 2021
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