Housing in Ghana to be affordable

07 August 2014

Ghana Home Loans signed a Memorandum of Understanding (MoU) with the leading estate developer, to deliver affordable homes across the country.

Ghana Home Loans agreed to provide construction mortgage financing to eligible applicants. The estate developer will have to agree with applicants on the type of property to be built before proceeding with the construction.

The A-Star has vast experience in the estate development since it have developed initial set of standard architectural drawings for 110-m2 detached two-bedroom units, ranging from a basic shell to a fully completed executive home.
According to A-Star CEO Ben Kumi the company is looking forward to prospective clients of a high standard of professionalism and reliability.

Kumi added that the rising cost of living and rising house prices would make their project an attractive alternative.
Kojo Addo-Kufuor CEO Ghana Home Loans said that due the increasing proportion of their target market they have already bought more plots and they are looking forward on building on them.

He said residential numbers were large and non-resident Ghanaians who had invested in land needed experienced construction and financing partners to complete their property.
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