Plot sales sluggish at Keetmanshoop
Each erf is approximately 1 500m² in size and is sold at N$180 per m², which some residents say is pricey.
29 September 2020 | Local News
Elizabeth Joseph
KEETMANSHOOP
The Keetmanshoop municipality has confirmed that only 12.73% of serviced land in the Westdene suburb has been acquired by private buyers.
Development of the land started early in 2015 and was finalised when electrical supply lines were installed late last year.
Keetmanshoop town planner Gregorius Andries said one of the reasons it took the municipality four years to finalise the servicing was a lack of funds.
He also attributed the lengthy development process to a lack of buying interest, but said over the years the need for property has grown exponentially.
110 erven developed
“A few years back less people were interested in buying property in high-income areas like Westdene,” Andries said.
So far, 110 erven have been developed, with 52 having been acquired by the University of Namibia and 58 by Keetmanshoop residents.
Yet only 14 of these erven have been successfully sold to private buyers.
Each erf is approximately 1 500m² in size and is sold at N$180 per m², which some residents say is pricey.
However, Andries said these prices are cheaper than in most other small towns in Namibia.
Fair price
“I think the price per square metre is fair and that is the message that we would like to convey to the general public. Right now, we are still waiting for the parties who have acquired land to fully commit, then we can truly get the ball rolling,” he said.
Meanwhile, the following land development projects will be rolled out between 2020 and 2025 in Keetmanshoop: Noordhoek Extension 1 (330 erven), Kronheim Extension 2 (320 erven), Tseiblaagte Extension 7 (320 erven) and Brukkaros Extension 1 (330 erven).
[email protected]
KEETMANSHOOP
The Keetmanshoop municipality has confirmed that only 12.73% of serviced land in the Westdene suburb has been acquired by private buyers.
Development of the land started early in 2015 and was finalised when electrical supply lines were installed late last year.
Keetmanshoop town planner Gregorius Andries said one of the reasons it took the municipality four years to finalise the servicing was a lack of funds.
He also attributed the lengthy development process to a lack of buying interest, but said over the years the need for property has grown exponentially.
110 erven developed
“A few years back less people were interested in buying property in high-income areas like Westdene,” Andries said.
So far, 110 erven have been developed, with 52 having been acquired by the University of Namibia and 58 by Keetmanshoop residents.
Yet only 14 of these erven have been successfully sold to private buyers.
Each erf is approximately 1 500m² in size and is sold at N$180 per m², which some residents say is pricey.
However, Andries said these prices are cheaper than in most other small towns in Namibia.
Fair price
“I think the price per square metre is fair and that is the message that we would like to convey to the general public. Right now, we are still waiting for the parties who have acquired land to fully commit, then we can truly get the ball rolling,” he said.
Meanwhile, the following land development projects will be rolled out between 2020 and 2025 in Keetmanshoop: Noordhoek Extension 1 (330 erven), Kronheim Extension 2 (320 erven), Tseiblaagte Extension 7 (320 erven) and Brukkaros Extension 1 (330 erven).
[email protected]
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