By: Hee-Dee Walenga

 

Speaking on Eagle FM’s land and property development programme, Ulwazi, former President of the Namibia Institute of Town & Regional Planning, Fransisco Neshila, provided some insight into the land and property development environment of Ondangwa.

Ondangwa has totalled 1,993 land & property transactions since 2016 worth a total market value of N$1.1 billion.

The average price of transactions stands at N$571,970, with a 14.9% subsidy share and a 446 m² median erf size.

The suburb/extension leading transactions in the town recorded 1,460 open market sales in a 10-year span at a median price of N$470,000.

Ondangwa’s most active year was 2021, where the town recorded 274 transactions.

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