Transcript Namibia

PRESENTATION BY MR. WILLEM G TITUS, SENIOR
MANAGER: BD & OPERATIONS OF THE NATIONAL
HOUSING ENTERPRISE AT THE 2016
INTERNATIONAL HOUSING ASSOSIATION
INTRERIM MEETING, DURBAN SOUTH AFRICA
STATE OF HOUSING - NAMIBIA
03 NOVEMBER 2016
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The Organization
Country: Namibia
Name of Organization: National Housing Enterprise
Mandate and objective of NHE
 National Housing Enterprise (NHE) was established by an Act of Parliament,
(Act 5 of 1993) with the object to:
 To provide and finance housing needs for inhabitants of Namibia
 NHE is 100% Government owned
CORE BUSINESS OF NHE: Provision of housing which involves;
•
Acquisition of land
•
Housing Construction
•
Provision of housing loans
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Market Segmentation
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Namibia Housing Economic
Statistics
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Population:
2.3 million
Population Growth: 1.4%
GDP:
USD 11billion
GDP Growth:
3.4%
 GDP Per Capita: USD 6013.77
 House Price Index:
17%
 Consumer price Index: 6.9%
 Unemployment rate:
28%
 Home Loan base rate: 11.75%
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NHE Strategy Report (Prepared by Divine Business Solutions © 2008)
Namibia Housing Context
• To date the national housing backlog - 110 000
housing units, which number is growing at an
annual rate of about 3700 units.
• NHE waiting list – 81 000
• Overwhelming informal settlements present in
all urban centers in the country.
• More than 73% of Namibians do not have
access to credit facilities offered by the financial
service sector and consequently cannot afford
to buy urban land and housing.
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How is Social Housing Addressed in Namibia
 Introduction of the Mass Housing Development Programme –
Started in 2013
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Key Program Outputs and Investment:
Total number of houses to be built: 185 000
Total Investment: N$ 45 billion
Annual Investment: N$ 2.5 billion
Land Servicing Cost per plot: N$ 75 000
Housing Construction Cost: N$ 280 000
Informal Settlements Upgrading: 50 000 households
Number of houses to be built in the first two years: 8 850 (5400 Built)
Number of plots to be serviced in the first two years: 10 200
Timeframe: 18 years in line with Vision 2030

Introduction of the Mass Urban Land Servicing Programme – Started 2015
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How is Social Housing Addressed in Namibia
Annexure 2: BREAKDOWN OF THE COST AND PRICES OF MHDP HOUSES
TYPE OF
HOUSE
SELLING
PRICE
BEFORE COST LAND COST
BOND
TRANSFER REGISTRATI
FEES
ON FEES
15% GST
STAMP
STAMP
TRANSFE DUTY ON
DUTY ON
R DUTY TRANSFER BOND
LOW
TARIFF
PETTIES FEES
DEEDS
FEES
FINAL SELLING
PRICE ON
DEED OF SALE
D1
54,212.00
10,000.00
2,000.00
1,600.00
540.00
-
- 380.00
600.00
68.00
600.00
70,000.00
CORE 5
73,082.00
10,000.00
2,700.00
1,800.00
675.00
-
- 475.00
600.00
68.00
600.00
90,000.00
CORE 6
205,505.00
10,000.00
3,800.00
2,400.00
930.00
-
- 1,165.00
600.00
- 600.00
225,000.00
CORE 7
205,505.00
10,000.00
3,800.00
2,400.00
930.00
- 1,165.00
600.00
- 600.00
225,000.00
CORE 8
428,450.00
- 5,500.00
4,000.00
1,425.00
-
- 2,300.00
600.00
- 600.00
442,875.00
CORE 9 (CON) 439,399.00
- 5,500.00
4,000.00
1,500.00
-
- 2,365.00
600.00
600.00
453,964.00
CORE 9
431,954.00
- 5,500.00
4,000.00
1,425.00
-
- 2,325.00
600.00
- 600.00
446,404.00
ONDULI
493,390.00
- 6,800.00
4,600.00
1,710.00
-
- 2,650.00
600.00
- 600.00
510,350.00
NAUTE (S)
452,750.00
- 6,000.00
4,000.00
1,500.00
-
- 2,450.00
600.00
- 600.00
467,900.00
NAUTE (ENS)
466,016.00
- 6,000.00
4,000.00
1,590.00
-
- 2,505.00
600.00
600.00
481,311.00
FALCON
456,464.00
- 6,000.00
4,000.00
1,500.00
-
- 2,450.00
600.00
- 600.00
471,614.00
PELICAN
477,292.00
-
6,000.00
4,600.00
1,590.00
-
-
2,550.00
600.00
-
600.00
493,232.00
OTJIMBURU
596,305.00
-
7,600.00
5,200.00
1,920.00
160.00
160.00
3,200.00
600.00
-
600.00
615,745.00
SPITZKOPPE
695,651.00
-
8,400.00
5,800.00
2,130.00
1,200.00
1,200.00
3,600.00
600.00
-
600.00
719,181.00
HARDAP
654,176.00
-
7,600.00
5,200.00
1,920.00
760.00
760.00
3,450.00
600.00
600.00
675,066.00
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Key Challenges
 Lack of common strategic objectives and direction –
everyone pulling in their own direction
 Inefficient utilization of the limited resources
allocated to the housing sector
 No matching between the financial resources
allocation to housing Program and service
infrastructure
 Limited capital injection in housing and land
development and hence small housing stock produced
Key Challenges (continued)
 Limited access to affordable serviced land,
especially in the urban areas.
• Inflexibility in the current land tenure system
acerbates lack of right to land ownership and
development of it by holders.
• Increase in house prices due to high input costs
and limited supply of housing stock.
• Legislative, policy and regulatory constraints –
slow land delivery
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Government Intervention
 Introduction of the Mass Housing Development
Programme – Started in 2013
 Introduction of the Mass Urban Land Servicing
Programme
 NHE’s Request for Funding Proposal – Intention
to deliver 5000 housing units over the next 4
years
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THANK YOU !
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