The housing market demand study highlights the affordability issue, with households unable to afford even the least expensive newly constructed developer homes. To address this, we must begin by analyzing and understanding each cost component of a building. By breaking down the total housing cost in Rwanda, developers and policymakers can identify areas for potential savings and optimize conditions to lower selling prices.
This factsheet breaks down the cost of housing in Rwanda for micro-scale developers, small-scale developers and large-scale developers the goes on to outline the possible state’s interventions in reducing development costs.
This brief forms part of a collection of fact sheets on Rwanda’s Affordable Housing Market commissioned by the Development Bank of Rwanda on behalf of the Ministry of Infrastructure and the Rwanda Housing Authority. The information is drawn from the Study on the Housing Market and Low-Cost and Efficient Materials and Technologies
conducted by the joint venture of Lambert Lénack Architectes Urbanistes and 35 000 Holdings (trading as 71point4), in partnership with Fatou Dieye (project lead), Vincent Ngirabacu, Kigwa Consulting and James Setzler from GAC-R with advising from Kecia Rust of the Centre for Affordable Housing Finance in Africa (CAHF).