Evolution of State Housing Company Limited (SHC)
The state Housing Company has started construction of ultramodern affordable housing unites at Pokuase. Established in 1956 as the Gold Coast Housing Corporation, SHC evolved to its current form in 1965, mandated to enhance dwelling availability in Ghana.
Affordable Housing Challenges
Affordable housing faces challenges in recent years, compounded by corruption scandals, including the controversial Saglemi housing project.
Mixed Reactions to Pokuase Project
SHC’s announcement of prices for the Pokuase project triggered varied responses. Some advocate for preserving affordability, while others argue that pricing aligns with demand in the Greater Accra region.
Pricing Concerns in Dollars
The surprising pricing of houses in dollars at Pokuase sparks concerns about contributing to cedi devaluation, raising questions about state institutions’ role in this matter.
National Affordable Housing Project Prices
The recently unveiled National Affordable Housing project prices at Pokuase are as follows:
- Studio: $13,800
- One bedroom: $20,700
- Two bedroom: $34,500
- Three bedroom: $42,550
Payment in Cedis and Developer Restrictions
While amounts are payable in cedis, developers are restricted from reselling the properties. For further inquiries, contact details are provided in the attached image.
