Property Express News 10 09 25

Headlines for PE News

Ghana Property Awards to host African Sustainability Concert 2025 on. Sunday, October 26, 2025

Ghana Could Attract More Investors Through Residency by Investment- Frank Danyansah

UK Housing Market Rises Amid Affordability Struggles

The Ghana Property Awards is set to host the African Sustainability Concert 2025, a dynamic cultural showcase designed to amplify Africa’s role in global sustainability. Taking place on Sunday, 26th October 2025, at Kenton Hall, Harrow, HA3 0PQ, the event will run from 7:00 PM to 11:30 PM, blending music, advocacy, and strategic dialogue under the theme “Business, Culture & Education.

Headlining the concert are celebrated artists Obibini and Yele, whose performances will reflect the vibrancy and resilience of African identity. Joining them is Gloria Osei Sarfo, a distinguished actress and development advocate, appearing as a special guest to reinforce the event’s message of empowerment and transformation.

From innovative business models and educational reform to cultural preservation and green infrastructure, the event will highlight initiatives that align with the continent’s Sustainable Development Goals (SDGs).

By curating this concert, the Ghana Property Awards extends its influence beyond property recognition into the realm of cultural and developmental advocacy. The initiative reflects the Awards’ broader commitment to promoting inclusive progress and elevating African excellence across sectors.

Ghana has the potential to become a leading destination for foreign investors in Africa, but experts say the country needs innovative strategies to attract high-quality investment. Frank Aboagye Danyansah, an experienced real estate developer and multiple award winner, believes residency by investment could be the solution.

Speaking on the opportunities for Ghana, Danyansah noted that while the country boasts abundant resources, a stable economy, and a friendly, hospitable population, it has struggled to bring in the right investors. He cited several challenges, including inadequate business proposals, lack of sustainable business practices, security concerns, and insufficient social networks for investors.

“Many proposals fail to communicate clear value or demonstrate the qualifications of the investor. Sustainability, security, and social ties are also critical factors for investors looking at long-term commitments,” he said.

Danyansah suggested that Ghana adopt a Residency by Investment program, allowing foreigners to obtain residency through real estate purchases or donations to the Ghana Medical Trust Fund (Mahama Cares). He said the program would align with President John Dramani Mahama’s proposed amendments to the Ghana Investment Promotion Centre (GIPC) law, which seeks to remove fixed investment thresholds.

The proposal would allow foreign investors to gain residency for a specified number of renewable years, offering benefits such as personal security, investment protection, family mobility, and better access to the African market. It would also enable the government to monitor foreign investors through a structured database.

TDC Ghana Ltd has announced plans to expand its affordable housing project beyond Tema in the Greater Accra Region, with a goal to deliver a minimum of 2,000 two-bedroom houses annually. The project, which seeks to bridge Ghana's housing deficit, would feature integrated communities with schools, healthcare facilities, police stations, markets, and other social amenities.

The Managing Director of TDC, Courage Nunekpeku, disclosed this on Thursday, September 4, 2025, when he hosted a media engagement to provide updates on the progress of works being executed by the company.

He said TDC has received support from the Ministry of Works and Housing, with the sector minister releasing lands in some regions, including Western, Central, Eastern and Asante Regions for the expansion project.He noted that the company was also in the process of securing lands in Ada, Prampram, Afienya, all in the Greater Accra Region.

The UK housing market in 2025 is facing a challenging landscape as rising prices continue to outpace wage growth, creating affordability pressures for many prospective homeowners. The average property price across the country has reached £292,000, reflecting a year-on-year increase of 3.7 percent. Regional variations remain significant, with the North East seeing the steepest growth at 7.8 percent, while London experienced a more modest rise of 1.7 percent.

Affordability continues to be a major hurdle, particularly for first-time buyers. Many young people are finding it increasingly difficult to enter the housing market without external financial support. In response, some lenders have introduced new mortgage products targeting individuals who do not have family assistance, offering lower deposit requirements to make homeownership more attainable.

Despite these challenges, the market shows signs of resilience. Mortgage approvals for house purchases have increased compared to last year, suggesting sustained demand. However, experts warn that without significant policy interventions to improve affordability and increase housing supply, the market may continue to favor higher-income buyers, potentially widening inequality in homeownership opportunities.

Overall, while the UK housing market continues to grow, affordability remains a critical concern, requiring continued attention from both policymakers and market stakeholders.

Source : Joycelyn Marigold -Property Express News