Eenhana property boom

19 March 2015 | Business

In a country where housing remains a serious issue, the demand for property at Eenhana has reached unprecedented levels and investor confidence has returned to this northern town.
New developments are now springing up, while over 500 houses have been built over the last three years.
The National Housing Enterprise (NHE) has completed 90% of its 299 houses at Extension 5 and new homeowners are expected to move in soon.
According to Eenhana Town Council spokesperson Paulus Shilongo, the houses already have services such as water and electricity.
“NHE will now have to determine who will get those houses,” he said.
“More people are moving to Eenhana because of employment opportunities.
“This is good for the economic growth of the town since the same people will acquire houses and pay for municipal services that will in turn be invested in other projects in the town.”
Private developer Greywall Properties has built 231 three-bedroom houses on 17 hectares of land in the heart of Eenhana for middle-income earners.
Owner of Greywall Properties Erastus Nicodemus says housing delivery is crucial for any town’s growth.
“The houses are affordable and my housing delivery is actually contributing to the growth of this town,” he says. “Eenhana is one of the fastest growing towns in the country and there is a huge demand for housing as a result of that.
“The regional education offices recently relocated to Eenhana from Ondangwa and you can only imagine how many of their workers need houses. We are talking of over 200 employees and then you have other professionals from surrounding areas. All those people need houses.”
Nicodemus also confirmed that he has acquired land from the town council to build about 600 low-cost houses.
“We are trying to accommodate everybody. Quality is also important to us. We are boosting the town and we want people to be comfortable and be close to all their services.”


FESTUS NAKATANA

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