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Ministry of Housing to review housing prices | Angola News Wire

Ministry of Housing to review housing prices

Luanda The Angolan Executive plans to establish a maximum amount equivalent in kwanzas to USD 40,000 (19.7 million kwanzas) for social housing under the National Housing Policy (PHN) which is under review, announced last Monday the Spatial Planning and Housing minister, Paula de Carvalho.

At the present time, according to information from the Ministry of Spatial Planning and Housing, the maximum price of a social house is 22 million kwanzas (44,518 dollars), while the minimum is 11 million kwanzas (USD 22,259).

Paula de Carvalho, who was talking to the press last Monday, in the ambit of the 4th Consultative Council of the sector, stated that the PNH (National Housing Policy) will privilege social housing, defining the area where the houses are to be built, the type of material and a certain budget.

With a period of eleven months, the elaboration process of the mentioned Policy will be developed in two stages between November 2019 and October 2020.

The provinces of Luanda, Huambo and Huila were selected to be case studies (without devaluating the information from others), where they will evaluate the functional structure of the housing sector.

First we’ll make up the profile of what social housing is, and then we’ll set the price, taking account that the value is not yet known, which can be analyzed right after studies to be done in some provinces, said Paula de Carvalho.

Beyond the low of the price, another particularity in review on the National Housing Policy will be the reduction of the areas for houses to be built that should not be more than 100 square meters.

With this initiative, the Angolan Executive wants housing and land plots to be accessible to citizens and to make available also the infrastructure provision and alternative financing models.

The projects has partnerships with some countries such as Bulgaria, Malaysia and Paraguay, besides the financial support from the United Nations Development Account (UNDA) with the Angolan state contribution.

Based on the approach of the UN Habitat Center Housing, the policy presents three points, such as the access to adequate housing for all, without leaving no one behind, the housing construction as a synonym for building inclusive and sustainable cities and housing as a key for socio economic development.

First Mission of UN Habitat

An expert’s mission of the United Nations Program for Human Settlements (UN Habitat) travels to Angola this November to diagnose the challenges of housing supply at local level.

Scheduled for 26 to 28 November, the experts will visit the provinces of Luanda, Huambo and Huila, for the diagnosis according to the document to which ANGOP had access at the Consultative Council.

A total of 122,000 social houses are being built in whole country, in the ambit of the National Program of Urbanization and Housing (PNUH), for the five year period (2018/2022).

From the mentioned number, 80,000 will be under the management of the real estate company Imogestin and 42 by the Kora Angola firm.

Source: Angola Press News Agency