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40 search results, Residential plots for sale in Nsasa Wakiso (Sponsored)
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PROPTECH AND FINTECH ARE LEADING THE XTECH REVOLUTION IN UGANDA.
A technological revolution is sweeping through traditional industries in Uganda, fundamentally transforming how businesses operate and interact with their customers. At the forefront of this transformation are PropTech and FinTech, two technologies that have not only redefined their respective industries but have also set the stage for the broader XTech movement across the country. The Emergence of PropTech: Pioneering the XTech Movement.PropTech, or Property Technology, was the first of the XTechs to emerge in Uganda with the launch of the Real Estate Database (RED), marking the beginning of a new era for the real estate industry. Traditionally, real estate marketing was often characterized by lengthy paper-based processes, and limited access to information. However, PropTech has revolutionized this landscape over the last several years by introducing additional digital platforms like Lamudi Uganda and Realtor Uganda which streamline property search, enhance transparency, and pr
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WHAT THIS VIRAL IMAGE TEACHES US ABOUT REAL ESTATE.
I've seen this viral image floating around various social media platforms for quite some time now. And every time it pops up, it's used to tell a story that completely misses the point, or at least overlooks the [real estate] depth it holds.As someone deeply involved in real estate, this misinterpretation makes my brain boil. Why? Because the image is packed with hidden insights that, when carefully unpacked, can teach us powerful lessons about decision-making, distraction, and opportunity in the property world.
Before we get into the real estate takeaways, let's first look at what the image really shows. Many viewers focus only on the obvious, a man seemingly locked in a cell, trying to reach for a loaf of bread or for a key using a stick. But if you take a closer look, you will begin to notice the contradictions and hidden details that shift the entire meaning of the image.
Let's break it down:
He needs to eat first before he can embark on a long escape. Lesson: Just like in
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CAN UGANDA’S WORKING CLASS AFFORD A 3-BEDROOM HOUSE? THE NUMBERS DON’T LIE.
Every Ugandan dreams of owning a decent home. For many, that dream is a modest 3-bedroom house, enough space for a family, privacy for guests, and a touch of dignity. But how realistic is that dream for formal sector workers in today's economy?
Formal working class employment brings structure, stability, and access to credit, including mortgages. But access does not equal affordability. Most banks in Uganda offer a home loan or a mortgage with interest rates hovering around 17%, stretched over 20 years, and require a down payment of at least 20%. For someone earning UGX 1.2 million per month, that math matters.
Financial experts agree: no more than 35% of your monthly income should go toward housing. That caps the repayment capacity at UGX 420,000 per month. Under these terms, such a worker qualifies for a mortgage of about UGX 50.55 million.
Add a 20% down payment to that loan, and the total affordable house value rises to about UGX 62 million to UGX 69 millio
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UGANDAN REAL ESTATE MARKET MID YEAR 2024 REVIEW AND FUTURE OUTLOOK.
First Half of the Year 2024 Review.
The Ugandan real estate market has experienced a dynamic first half of the year 2024, marked by several significant trends and developments. The sector has shown resilience and adaptability in the face of both local and global challenges. Here are some key highlights.
Steady Demand for Residential Properties.
The demand for residential properties, particularly in urban areas like Kampala, Entebbe, and Jinja, has remained robust. Factors contributing to this steady demand include urbanization, a growing middle class, and a youthful population seeking homeownership.
Commercial Real Estate Dynamics.
The commercial real estate sector, including office spaces and retail outlets, has witnessed mixed performance. While there has been a resurgence in demand for retail spaces as the economy recovers from the pandemic's impact, the office space segment is still adjusting to the hybrid work model adopted by many companies.
Impact of Infrastructure Develop
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