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    Josia Shigwedha

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    Josia Shigwedha

rental prices

2 Results / Page 1 of 1

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Namibia

Government Revives Rent Control Bill to Tackle Soaring Housing Costs

  The government is pushing ahead with efforts to cap housing and rental prices, with new minister Modestus Amutse prioritising the completion of the long-delayed Rent Control Bill, The Brief reports. First introduced in 2017, the bill seeks to establish a national rental control board as average rents — now at N$7,611 — continue to strain affordability. Amutse emphasised the need for close cooperation with the Ministry of Urban and Rural Development. He said intervention can no longer […]

today11 December, 2025

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Business / Economics

Rental Market Sees Surge, Led by Two-Bedroom Units

  The average rental price in Namibia reached N$7,348 on a 12-month rolling basis, with two-bedroom units driving market growth, according to recent data as reported by The Brief. In the second quarter of 2024, rentals for two-bedroom properties saw a notable 14.7% increase, up from 11.6% in the first quarter, representing the highest growth among all categories. FNB Namibia’s Rent Price Index attributes this rise to changing tenant preferences […]

today10 January, 2025