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• Council is the agent for the Build Together Programme
property to enter the market. These erven have been
– very successful. 561 beneficiaries over the last 5 yrs,
subsidized to enable entry into the property market by
cost over the last 5 yrs amount to N$1,583,000.00
those who never had this opportunity before. The development costs amounted to N$ 75 per square meter
• Council works in close partnership with National
and the reserve price was determined at N$ 45 per
Housing Enterprise (NHE) for the provision of housing.
square meter. The following erven have been sold:
Batches of 100 houses have been constructed by Coun-
Ocean View:
cil for NHE. Un-serviced block of land has been allocat-
- Auction was held on 25 October 2005
ed to NHE for a housing scheme at about N$1.8milion
- 151 erven were offered for sale
in price. A total of 138 erven will be created out of this
- The cost for installation of services was N$88.13 / m²
block.
- The upset price was subsidized and was therefore N$70.00 / m²
• 850 serviced erven are set aside for an incremental
- The average price obtained at the auction was
housing development area, the Progressive Develop-
N$183.60 / m²
ment Area. So far the amount of N$20,000,000.00 has been spend on this project in respect of provision of
Mondesa (Ext 3):
services; another N$20,000,000.00 will be required to
- Auctions were held on 01 September 2006 and on
complete the entire project. The purpose of the PDA
08 December 2006
is to avail serviced land to the needy, including DRC
- 87 erven were offered for sale
residents, on which they can build their houses on an
- The cost for installation of services was N$75.00 / m²
incremental basis.
- The upset price was subsidized and was therefore N$40.00 / m²
• Erven have been sold to first time property owners
- The average price obtained a both auctions was
for the first time to enable people who never owned
N$46.85 / m²
Profile of Swakopmund
29