HOUSING Property Diary https://twitter.com/TheNamibian A Publication of https://www.facebook.com/TheNamibianNewspaper 28 February 2017 2 Housing & Property Diary Serenity at Omakondo bricks introduces smart build • CHARMAINE and how they can help us NGATJIHEUE to achieve our goals,” said Jericho Heights Nghoshi. MAKONDO Nghoshi said their task is OST people lead such busy lives that all Bricks has not only to make bricks but they want is time away from the hustle and introduced a also to venture into different bustle of their reality. Onew product called the products that supplement MWell, many people are craving for a holiday early Omakondo smart build brickmaking. in the year not realising that your home can be your meant to assist low-income “Our chain of products holiday. earners who want to build include designing business Against this backdrop, newly built Jericho Heights affordable housing. plans for our customers, Omakondo bricks staff members busy at work. Photo contributed. situated at Elisenheim, brings serenity and peace Tomas Nghoshi, guiding them in their whilst providing ample security. managing member construction projects, build lasting structures seeks to provide quality those who seek them,” he Sited close to Brakwater, an area that is 10km on of Omakondo bricks making bricks and ensuring like the great wall of service to its customers. said. the outskirts of Windhoek, one’s desire to be away reiterated that Omakondo that the structures are China or the pyramids of The company serves The company has from the reality in the city is a short drive away with Bricks will be able to assist durable. During the time of Egypt. This practice of the northern part of the mobile teams at Okongo, little to no traffic congestion. low-income earners who construction, we do welding, not insisting on quality country and some parts of Eenhana, one that serves The construction of Jericho Heights that cost would like to build houses electrical works, plumbing work in the construction southern Angola. from Helao Nafidi to roughly N$70 million, kicked off in 2014 and was in towns and villages. and other related work to get industry will only produce “We are a mobile Uutapi, and a team at finalised by November 2016. The Heights have 79 He added that the product everything done, he said. shoddy workmanship. company who goes by Onyaanyaa that goes up to residential units with a total area of 11 000 square is fairing well as people He urged town councils This means our building the motto that says ’We Omuthiya and Tsumeb. metres. The average size for each unit is 130 square are already purchasing and and municipalities not to and construction industry make bricks at your “We have construction metres. utilising their products. allow poor quality building will not be attractive to place’. That means we sites at Oshikunde, Linda Nekwaya, the administration manager for He added that as part of materials to be used on their foreigners,’ he said. can go anywhere around Outapi and Eembaxu. The Jericho Heights, says Jericho boasts three bedroomed their mission, more jobs construction projects. Omakondo Bricks, the country to provide our Oshikunde construction units with an en suite bathroom and a big balcony would be created in line “Namibia will never which was started in 2010, products and services to site is one of our with a beautiful view. with this project in order to She adds that there are also two bedroomed units deal with the high levels of with two bathrooms. poverty. “The difference with our heights compared to “We are passionate about Hubspace answers visiting business other apartments in Windhoek is the fact that they providing job security for are peaceful, in tune with nature and away from the employees and we believe people’s office needs business of the central business district (CBD). The that no matter how big place is also secure and always monitored by security economic challenges will guards,” she says. affect us, we will always Nekwaya notes that Jericho Heights units are go against the wind to affordable as the prices for the three bedroomed gain strength to take off. apartments range from N$1,8 million to N$1,5 This year we will work million whilst the two bedroomed apartments range closely with town planners AT HUBSPACE from N$1,4 million to N$1,2 million. in different towns and see each working how we can help them space provides users with a power plug-in, high-speed Wi-Fi internet service, comfortable quality desks and chairs, with free coffee or tea a few steps away. ISITING business people company can also be accommodated coffee shops within walking distance from outside or inside at a dedicated facility for group co- from Hubspace. Ample parking is Namibia can now conduct working. to be found around the City Plaza Vtheir business with peace of mind Furthermore, Hubspace provides building at 320 Sam Nujoma Avenue from Hubspace in Windhoek, serving a conducive and productive in Klein Windhoek, where Hubspace Get 2 Air-cons installed for free after registration as their safe base away from their environment for start-up is located in unit 18 on the second own offices. entrepreneurs, or people who work floor. Conveniently positioned in Klein from home who don’t want to incur Business people and people in Big Sale at Jericho Heights (Elisenheim) Windhoek ‘s business hub, en the expenses of hiring an office over need of temporary office space or the route from and to Hosea Kutako the long term. other facilities on offer, are invited to International Airport, Hubspace In addition to free high-speed contact Hubspace on Tel +264 83330 • New 2 Bedroom Apartment with 2 Bath- offers Namibia’s first co-working internet, electrical supply to each 4010 or at [email protected]. rooms and shared office facility. It is easily desk and a printing service, clients Hubspace staff will gladly assist • Open-plan Kitchen reachable and in close proximity have access to a kitchen with free them with bookings and the rates for of other business destinations in coffee and tea throughout the day. a daily desk, weekly pass, monthly • Spacious Garage and Store Room Windhoek. They can also relax outside on a permanent desk, co-working area • Large Balcony with Braai Stand Travelling business people or balcony, breaking away from their and boardroom for a half day or full consultants requiring a desk for their busy schedules. day. The complete Hubspace facility • Available for Rental and Sale stay or a fully equipped boardroom If they would want to meet other is also available for workshops and for presentations or meetings, don’t business people for coffee or enjoy seminars, after hours or on Saturdays, Contact: 081-7749418 [email protected] have to search further than Hubspace. lunch or supper, they would have the to be arranged in advance and the Staff of up to 12 members from one luxury of nearly 10 restaurants or price to be negotiated. Housing & Property Diary 3 28 February 2017 Caroline Orange Brian Katjaerua, Riaan Keulder, Chris Matthee Standard Bank, sales manager head of home loans at FNB Nedbank’s head of home loans Bank Windhoek’s Executive Officer for retail banking services A guide for first-time homebuyers URCHASING a house and it will also real estate agent. Orange. Keulder said one should the bank can be of assistance to home is a big deal have a positive effect ‘The benefit of this is that such Riaan Keulder, Nedbank’s initiate contact with one’s them. What happens during the but more often during the assessment of a professional will also give you head of home loans said banker or home loan sales process is that the banker would Pthan not people stream their application. valuable advice and insights into before making an important consultant to understand what do an affordability calculation into home ownership He added that property the entire home buying process commitment such as purchasing the requirements are. to determine how much you because it is perceived is expensive and as he or she has worked with a home, clients are advised to “What options are available to qualify for and, based on that, as an indication of customers must make numerous banks, home buyers first understand what the process the customer based on his/her further provide guidance and adulthood and financial sure that they can afford and sellers in the market,” said entails. income, and to establish how financial advice,” he said. accountability and the monthly payments, stability. saying customers should However, during these not compromise their tough financial times, it creditworthiness by can be difficult for first- going into transactions time buyers to purchase that can affect them a home. Buying a home negatively. should however be “Property is a long-term seen as a commitment investment and buyers although it may not should know that buying necessarily be a surefire property means long- good investment as it term commitment to the may turn out to be too investment,” he added much work. Brian Katjaerua, Bank Windhoek’s head of Home Loans executive officer for at first national bank retail banking services, (FNB) Namibia said Chris Matthee, said one should prioritise when a potential the acquisition of a customer plans to buy house or a flat by cutting property, they need to back on expenditure on plan and prioritise what unproductive assets and they need in life and other non-priority items. focus on necessities “If you have current instead of niceties. debt that is not on a Matthee added that house, try as much as with planning comes possible to pay that up financial discipline that and free the money spent starts with a budget, as a on this debt to put you person needs to compare in a better position to their current situation purchase a house.