Kampala city’s lack of effective policies in the past to manage its large-scale and rapid urbanization could hinder the city’s growth curve and create a housing shortage.
The city hosts over four million people during the day and about 2.5 million people at night, this number is bound to increase because of rural urban migration, plus the fact that Uganda’s population is majorly made up of youth who always seek job opportunities in the city as it is the capital city of the country.
ShakibNsubuga, Country Manager of Lamudi Uganda, said: “The existing listings on the portal are diversified and show the real estate picture in Uganda in general but Kampala in particular and yes there is a looming shortage of low cost middle class housing that might increase if not curbed.”
He added that credit has to be given to some real estate developers like Akright estate and some others that have taken it upon themselves to develop satellite cities in the areas neighboring the city to match the growing demand for housing in and around Kampala.
Stakeholders like National housing as the government developers need to plan for projects like condominiums in and around the city. To not only match the increasing demand for affordable low cost middle class housing but also use this opportunity to have organized residential settings in Kampala, while also improving the city’s growth trajectory opportunities.
Launched in 2013, Lamudi is a global property portal focusing exclusively on emerging markets. The fast-growing platform is currently available in 28 countries in Asia, the Middle East, Africa and Latin America, with more than 600,000 real estate listings across its global network. The leading real estate marketplace offers sellers, buyers, landlords and renters a secure and easy-to-use platform to find or list properties online.