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  • 40/60 Condominiums - How many paid 40% & 100% (full amount)? How many registered? Latest Statistics for 40/60 Condominium Apartments in Addis Ababa Ethiopia.

40/60 Condominiums - How many paid 40% & 100% (full amount)? How many registered? Latest Statistics for 40/60 Condominium Apartments in Addis Ababa Ethiopia.

Kality Crown Hotel 40 60 Condominium Site Addis Ababa Ethiopia - AddisBiz.com

UPDATE [July 09, 2017] -  List of Names of 40/60 Condominium Winners in Addis Ababa Ethiopia

UPDATE [JULY 07, 2017] - Details about 40/60 condominium lottery on July 08, 2017 (New Prices, Lottery Selection Criteria and other details)

UPDATE - List of Names of 40/60 Condominium registered people in Addis Ababa

[January 26, 2016] - Here is the latest information about 40/60 condominium houses in Addis Ababa.

According to the Addis Ababa Saving Houses Development Enterprise

  • More than 1,200 condominium houses being built under the 40/60 housing scheme will be fully finalized by the end of next month. 
  • Senga tera and crown hotel sites have been finished. 
  • The asphalt road inside the kality crown condominium site has been completed.
  • Construction of the asphalt road that links the Senga tera site with the main road will be started soon. 
  • Installation of power capable and water pipeline has been commenced in both Senga tera and kality crown hotel sites. 
  • 154,000 of the 160,000 people registered under the scheme are saving money each month.
  • Out of these people, 11,800 people have paid the full amount (100%)
  • Around 29,000 people have paid (40%) of the total cost.
  • The ones who paid 100% will have priority when the condominium units are handed over to the home owners.
  • Preparations have been finalized to begin the construction of 20,000 condominium units in addition to the 39,000 units being built in various sites. 
  • The new condominium buildings being built will be 18 storey buildings such as the ones found in Megenagna site.

 

[April 28, 2015] - Here is the latest news and update about the 40/60 Condominium Apartment Construction in Addis Ababa, Ethiopia.

Ato Bizuneh Kinde, Director of Addis Ababa City Administration Saving Houses Development Enterprise (AASHDE) gave a statement on April 24th, 2015 stating that

  • Total Number of people registered for the 40/60 housing program is 165,000
  • 7,000 - 8,000 people have cancelled their registration
  • 8,329 people have paid full amount and are currently waiting to get their homes ( New data suggests this number can reach upto 15,000 ). For details, please checkout 40/60, 20/80 and 10/90 condominium winners required to pay .... 
  • 20,973 people have paid 40% or more
  • 1,992 40/60 condominium units will be transferred to home owners this year sometime around July (2007 Ethiopian Calendar)
  • Priority will be given to people who have paid full amount during the registration
  • Whether or not government employees will be given priority, compared to private employees is still under discussion
  • The condominium units to be transferred to home owners are located in Senga tera and Crown hotel (Kality) sites.
  • Crown hotel site has 882 houses in 14 blocks.
  • Senga tera sites have 5 blocks and 340 houses.
  • Only finishing work is remaining for the Senga tera and Crown hotel 40/60 condominium apartments
  • The blocks are 9 and 12 Story blocks
  • There are new 14,300 40/60 condominium houses that are being constructed in Bole and Hayat Sites.

Update [September 3, 2015] - 40/60 Condominium Locations, Number of Houses, Number of Blocks and Current Status

Update [June 19, 2015] -List of names of 40/60 condominium registered people in addis ababa has been released.

Tags: Condominium Construction in Ethiopia,, 40/60 Condominium, , 40/60, 20/80 & 10/90 Condominium Construction in Addis Ababa, Addis Ababa City Administration Saving Houses Development Enterprise (AASHDE),, Senga Tera 40/60 Condominium,, Kality Crown Hotel 40/60 Condominium,., Hayat 40/60 Condominium,, Bole Imperial Hotel 40/60 Condominium,

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