Market

Price building projects according to specific areas – SHC MD tells real estate sector

The Managing Director of the State Housing Company, John Bawah, has asked planners and real estate owners to consider every type of buyer when drawing their building plans.

Bawah also noted that projects should be priced with specific areas or environments in mind.

He said most people are unable to afford homes, land, etc., because they are expensive and do not fit into their budget and specific needs.

According to him, pricing a building in a prime area the same way as a remote area is disingenuous and does not serve users.

Speaking on the sidelines of the 6th Ghana Green Building Summit, he said: “So, if, for example, you have an area, like we have a project in Pokuase, this is purely targeted at the lower middle income to middle income status.

“So, all of the types of building we are designing and producing there are specific to that environment. If you come to areas like Kanda or Ringway, then you know people can pay a little bit more. And so, you design products that you know appeal to those kinds of people,” he said.

He also advocated for the adoption of green building models in the construction sector.“So, these are some of the things we are doing. In addition to that, we’re really, really digging into how we build. You know, everybody’s building mortar and brick, everybody’s building corrugated roofing sheets.

“We need to challenge ourselves a little bit more because we cannot speak sustainability without actually changing the way we do things. And we know how change is difficult in Ghana. And yet, we as State Housing, being the state-mandated institution to provide housing and housing services to Ghanaians, we want to lead that change,” he noted.

Related Articles

Back to top button