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Letshego, Ongos Valley partner on affordable housing  

2024-05-24  Staff Reporter

Letshego, Ongos Valley partner on affordable housing  

Letshego Bank Namibia and Ongos Valley property developers have announced a partnership to provide affordable housing, specifically designed to cater to those
in the middle to low-income bracket.

The N$25 billion Ongos Valley housing project is a 20-year mixed-use development being erected just 14 kilometres from Windhoek’s central business district. The area covers about 1 743 hectares, with 28 000 dwellings to be constructed that will include schools, numerous malls and service stations, as well as institutions and businesses.

“Through Letshego home loan, your dream of owning a home is now within reach. This partnership is a game-changer in our approach to sustainable living. Beyond mortgage loans, Letshego Bank and Ongos Valley are pioneering in ‘green living’ property development,’’ said Ester Kali, the CEO of Letshego Bank Namibia recently when they sealed the deal.

Reagon Graig, chairman of Ongos Valley Namibia, said with innovative features like recycling facilities, greywater usage and solar energy, they are setting new standards in sustainable property development, offering inspired and eco-friendly living. 

“More than a transaction, this partnership is about transformation and improving lives. Our commitment is not only to create thriving communities but also to significantly reduce our carbon footprint, preserving our planet for future generations,” he said.  

The partners encouraged prospectus clients to seize the opportunity and invest in affordable, environmentally-friendly houses at Ongos Valley property through Letshego Bank. “Together, we can build a greener future,’’ Graig noted.


2024-05-24  Staff Reporter

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