Two major devts that will shape real estate market in the new year - Businessday NG

Bisi Adedun . 1 year ago

Two major devts that will shape real estate market in the new year – Businessday NG

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Article Summary: Although most real estate investors are still watching the new year and figuring out what is possible, especially with the elections on ground, there are carry-over developments from 2022 that will not only guide investment but also impact positively on the sector’s growth in the year. When on September 23, 2022, the National Pension Commission…


Although most real estate investors are still watching the new year and figuring out what is possible, especially with the elections on ground, there are carry-over developments from 2022 that will not only guide investment but also impact positively on the sector’s growth in the year.

When on September 23, 2022, the National Pension Commission (PenCom) disclosed that it has approved using 25 percent of Retirement Savings Account (RSA) balance for payment of equity contribution towards the residential mortgage, it was no small stir that erupted in the housing sector.

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