N$125 million for WHK erven

08 March 2018 | Infrastructure

With land shortages in the capital remaining a major concern, some progress has been made by the City of Windhoek (CoW) following the allocation of land to more than 200 successful bidders.

The combined sales value of these erven is about N$125 million, with most being sold at around 30% above the upset price. “However, the focus is to ensure that erven remain affordable,” says Scheifert Shigwedha of the CoW.

Of the allotted single residential zoned erven, 144 were allocated by way of tender, 44 to first time buyers by way of private treaty, and 22 to CoW employees through offer to purchase.

Successful bidders have 90 days from the date of council approval to sign a Deed of Sale. In the event that the first bidder fails to do so, it will be offered to the second person in line.

Amongst the requirements to be a successful bidder, residents must ensure that they are not in arrears with municipal services.

In other developments, 111 erven were serviced at Otjomuise extension 5 through the City's public private partnership (PPP) with Ino Investment, while 102 erven in Academia extension 1 were serviced through the City's arrangement with Acacia Investment Holdings.

“The City had to embrace the PPP method as it is amongst the most workable solutions to improve the pace to service land in the city,” Shigwedha said at a media briefing last week.

Similar News

 

House prices down, but still unaffordable

10 hours ago | Infrastructure

Even with the decline in house prices, the market is still far too expensive for most residents of Windhoek to penetrate, resulting in roughly 12...

Enough money for road repairs

10 hours ago | Infrastructure

Yolanda Nel - The City of Windhoek (CoW) has enough funds to repair the estimated 3 000 potholes in the capital by the end of...

Academia erven out on tender

1 week ago - 14 June 2018 | Infrastructure

A total of 111 erven in Academia Ext 1, phase 5 are currently available on tender and interested parties have until 29 June to hand...

KHI making housing inroads

1 week ago - 14 June 2018 | Infrastructure

Of the 190 households in the Kalahari constituency of the Omaheke region, about 11% live in improvised housing or shacks.According to an assessment conducted by...

Expansion set to start at international airport

2 weeks ago - 07 June 2018 | Infrastructure

The Namibia Airports Company (NAC) announced that its N$240 million plans to expand the Hosea Kutako International Airport will extend over a period of the...

NAC has more plans

4 weeks ago - 24 May 2018 | Infrastructure

The Namibia Airports Company (NAC) is looking to procure consultancy services for works and services to eliminate congestion at the Hosea Kutako International Airport (HKIA)...

Meer spasie op dié manier

4 weeks ago - 24 May 2018 | Infrastructure

Dubbelverdieping sinkstrukure in Windhoek se informele nedersettings neem toe omdat daar te min spasie in residensiële erwe is.'n Inwoner van Hakahana, Monica Nedongo, besit een...

Road works hamper traffic

4 weeks ago - 24 May 2018 | Infrastructure

With major road construction of the new eastern bypass currently underway in Prosperita, along with work being carried out on the bridge and at the...

Toilets bring relief at Omitara

4 weeks ago - 24 May 2018 | Infrastructure

The construction of close to 320 ablution facilities at Omitara has been completed and they are currently in use by residents, the settlement's committee secretary,...

Kragpale veroorsaak moles

1 month - 11 May 2018 | Infrastructure

'n Inwoner van Olympia het onlangs wakker geword met twee massiewe elektriese pale voor hulle slaapkamer – iets wat talle inwoners van daardie area ernstige...

Latest News

Change starts with your attitude

10 hours ago | Events

Being hailed a hero after saving a baby that had been flung from a car after an accident earlier this month, Tulonga Neputa has now...

Meat festival this weekend

10 hours ago | Events

The second edition of the /Ai //Gams Meat Festival hosted by the St Boniface RC Church, takes place at the Khomasdal stadium on Saturday.This time...

Enough money for road repairs

10 hours ago | Infrastructure

Yolanda Nel - The City of Windhoek (CoW) has enough funds to repair the estimated 3 000 potholes in the capital by the end of...

Omaheke addresses major challenges

10 hours ago | Government

Yolanda Nel - Faced with enormous challenges, the Omaheke regional council and some partners have taken several strides in their quest to advance regional development.During...

WHK aquifers in the spotlight

10 hours ago | Environment

The Namibia Scientific Society, the Namibian Hydrogeological Association and the Upper Swakop Basin Management Committee invite everyone who is interested on a field trip to...

Hier word iets uit niks...

10 hours ago | People

Die rou opwinding om iets te kan skep waar daar voorheen niks was nie, bring ná jare in die bedryf vir hierdie kunstenaar steeds pure...

'n Bietjie bitter, 'n bietjie...

10 hours ago | People

Yolanda Nel - Die Namibiese nooi wat al 'n geruime tyd op Suid-Afrikaanse kassies pronk, is volgende week op eie bodem met 'n teaterstuk waaraan...

Learn to judge food here

10 hours ago | Events

In an effort to improve the culinary standards in Namibia, NamChefs is hosting a WorldChefs judging seminar in July.This first World Association of Chefs Societies...

It's a celebration!

10 hours ago | Art and Entertainment

Windhoek joins the Franco-Namibian Cultural Centre (FNCC) and the rest of the globe in celebrating World Music Day on Saturday.The official celebrations take place at...

Load More