Property (148)

Purchasing a new construction home or opting to buy a plot and acquiring the services of a contractor to build your home are becoming popular options for homebuyers. 

The Minister of Finance and Public Enterprises, Iipumbu Shiimi, has revealed that Members of Parliament are set to receive a pension-backed home loan after entering into an agreement with Standard Bank.

The Windhoek City Council has granted the Ongos Valley Development a take-over certificate, signalling the final stage of the housing project's first phase of development.

The Institute for Public Policy Research (IPPR) has called for a swift implementation of the Rent Control Bill to address the rising rental costs and protect tenants from exploitation. 

Securing a mortgage is a significant milestone, but simply letting the monthly payments run their course for the next few decades may not be the most financially savvy approach.

Mobile Telecommunications Company (MTC) has made available N$23.6 million for the servicing of 707 plots in Okakarara.

The Construction Industries Federation (CIF) and the Metal and Allied Namibian Workers Union (Manwu) have agreed on a new minimum wage for workers in the construction sector.

The excitement of acquiring a new property often leads to a rush of decisions, causing many individuals to hastily commit to a purchase without considering potential pitfalls.

Build It emerged as the most cost-effective option for October, with an overall basket cost of N$7,761.74, marking a 6.79% decrease compared to the previous month. This significant decrease can be attributed to a notable drop in the price of their paint product substitute, which went from N$1,695.1 to N$1,057.1.

The Ministry of Urban and Rural Development says the Rent Control Bill is still undergoing a refinement process.

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