Hong Kong Abolishes Property Curbs in Bid to Revive Housing Sector, Economy
In efforts to revive Hong Kong’s flagging housing market and broader economy, Financial Secretary Paul Chan announced in the annual budget address on Wednesday, February 28, 2024, that the government will scrap all property cooling measures, including additional stamp duties for foreign and
China’s Real Estate Crisis: The Story Behind Abandoned Mansions and Ghost Cities
The Chinese government’s ambitious plans for real estate have taken a haunting turn, with abandoned mansions and desolate developments dotting the landscape. The State Guest Mansions, once envisioned as opulent residences for the elite, now stand abandoned, inhabited only by roaming cattle and
GRNMA Calls for Targeted Housing Projects to Alleviate Housing Deficit
The leadership of the Ghana Registered Nurses and Midwives Association (GRNMA) has underscored the urgent need for targeted housing initiatives to address the housing shortfall among public sector workers in the country. Dr. David Tenkorang-Twum, the Association’s General Secretary (GS), emphasized this imperative
HDAN Congratulates New REDAN President, Exco, Urges Collaboration for Housing Solutions
Africa’s leading non-governmental housing advocacy organization, Housing Development Advocacy Network (HDAN) has extended congratulations to Akintoye Adeoye, the newly inaugurated president of the Real Estate Developers Association of Nigeria (REDAN), along with the newly elected executive members, on their victory. In a statement
Three-Storey Building Collapses in Lagos Amid Heavy Rainfall
Amidst a heavy downpour on Thursday, a three-storey building located at Ita Faaji Market in the Lagos Island Local Government Area of Lagos State collapsed, sparking panic in the community. According to information gathered by our source, the incident occurred around 9 am,
Tinubu’s Renewed Hope Cities Initiative: Beyond Housing, Toward Comprehensive Development
In a significant move towards addressing Nigeria’s housing deficit, President Bola Ahmed Tinubu has inaugurated the groundbreaking ceremony for the pilot phase of his ambitious housing project named Renewed Hope Cities and Estates Development Programme. The ceremony took place at Karsana, a suburban
Affordable Rural, Urban Housing For A Modern Society
Shelter, one of the three basic human needs, is fundamentally a necessity for the protection of life from adverse weather conditions, weather changes and some dangerous animals. A shelter, designed and built for modern living in any contemporary society at an affordable cost,
Many houses affected as downpour, flood hit Lagos
Many residents of Nigeria’s economic nerve Centre were also stranded in their residential apartments and in their cars as major roads were submerged by flood after months of heat waves in the state. In a statement, the South West Coordinator of the National
Minister of Housing Vows to Tackle Soaring Building Material Prices
The Minister of Housing and Urban Development, Arc. Ahmed Musa Dangiwa, has declared plans to establish a committee aimed at addressing the alarming surge in the prices of cement and other building materials. He disclosed this during a meeting with cement and building
Tinubu Approves N126bn For Housing Provision Nationwide
President Bola Tinubu has approved N126.5 billion for the delivery of a total of 100,000 houses nationwide in 18 months. This was disclosed by the Minister of Housing and Urban Development, Arc. Ahmed Dangiwa, during the groundbreaking ceremony for 3,112 housing units as
