Urban property market bullish as demand soars
Friday, April 26, 2024 | 490 Views |
Coming up: Urban areas such as Gaborone have seen an explosion in property developments, but demand still persists PIC: PHATSIMO KAPENG
FNBB is the country’s largest commercial bank by both balance sheet and number of customers, while also being the biggest property financier through various products including mortgages, refinancing tools, and property loans.
The FNBB report indicates that demand for housing in 2023 continued to outstrip supply, especially in major urban hubs, exerting pressure on prices. The disparity between supply and demand is anticipated to persist in the short to medium term, bolstering price appreciation.
BDF camps are military camps, and there is a need for stricter rules and regulations to safeguard their operations as well as ensure the safety of civilians. Of course, military personnel are human, and they have relatives as well as girlfriends and boyfriends, but the fact remains that the BDF is responsible for ensuring national security and stability and, as such, will be one of the first targets in the event of possible attacks. The decision...