Kampala’s real estate landscape is dotted with burgeoning outlines of condominium developments, promising a modern, amenity-rich lifestyle. Adverts flood social media feeds and billboards with a promise of “affordable” two-bedroom units from as low as UGX 240 million. Yet, beneath the glossy marketing, a stark reality remains: Ugandans’ widespread adoption of condominium properties remains stubbornly low. This begs the question: why aren’t these seemingly attractive housing options resonating as sound investments for the majority of the population? The fundamental issue appears to be one of affordability, evidently highlighted by the average Ugandan monthly income scale that stands at around UGX 200,000,…
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