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[Jun 2017] 40/60 Condominium Latest Ethiopian News AddisBiz.com | Ethiopian Business Directory & Portal - Addis Biz

The Latest News about 40/60 Condominium Development in Addis Ababa, Ethiopia

40/60 Condominium - Locations, Number Of Blocks, Number of Houses, Completion Date and Current Status

Here is the list 40/60 condominium sites in Addis Ababa and their progress, estimated date of completion, number of blocks and number of houses in each site. There is no information about the status of the Bole Imperial, 24 Megenagna and Asko Site 40/60 Condominiums. 

condominium status

86 up-to 92% is as good as finished since the home owner will be responsible for finishing the rest. This allows the home owner to choose the type of

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75,000 New 40/60 condominiums to be built in Addis Ababa

The Addis Ababa Saving Houses Development Enterprise (AASHDE), which is facing serious backlash for delaying the delivery of condominiums, is targeting to build 75,000 new condominium units under the 40/60 scheme in the next five years.

The enterprise also plans to construct 15,000 residential units featuring new designs in the next Ethiopian year.
One of the new features included in the experimental design is increase in the number of floors per building from the current 12-floor design to 15-story buildings.
The design

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