{"id":52458,"date":"2024-07-07T10:37:47","date_gmt":"2024-07-07T10:37:47","guid":{"rendered":"https:\/\/www.africa-press.net\/eswatini\/all-news\/considerable-value-lies-buried-in-the-real-estate-sector-be"},"modified":"2024-07-07T10:56:41","modified_gmt":"2024-07-07T10:56:41","slug":"considerable-value-lies-buried-in-the-real-estate-sector-be","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/eswatini\/all-news\/considerable-value-lies-buried-in-the-real-estate-sector-be","title":{"rendered":"CONSIDERABLE VALUE LIES BURIED IN THE REAL ESTATE SECTOR &#8211; BE"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Eswatini. <\/strong><\/span><b>Business Eswatini (BE) is of the considered view that there is considerable value that lies buried in the real estate sector, which must be unlocked for the benefit of the national economy.<\/b><\/p>\n<p>In a press statement issued yesterday, BE said the model of sectional title ownership has benefitted economies of countries that have adopted the model and further availed ownership opportunities, especially for young families starting out due, on the most part, to the affordability of the model. BE was reacting to the announcement of new board members of the Human Settlements Authority, the Sectional Titles Regulations Board, and the Sectional Titles Examinations Committee. The announcement was made by Minister of Housing and Urban Development Appolo Maphalala on Friday, in Ezulwini.<\/p>\n<p><b>Sustainable<\/b><\/p>\n<p>Maphalala said the ministry\u2019s mission is to facilitate the sustainable and efficient development of settlements and affordable housing across the country. In the press statement, BE said in pursuing their mandate, they hope the Boards would look into the nebulous matter of peri-urban settlements, in an endeavour to start a crucial conversation regarding the legal disposition of these properties, especially vis a vis the country\u2019s municipal councils.<\/p>\n<p><b>Poised<\/b><\/p>\n<p>The private sector apex organisation stated that the real estate sector as a percentage of gross domestic product (GDP), has remained subdued over years and the view was that sectional title ownership of property was poised to change the fortunes of this sector. \u201cAs BE, we stand ready to help the ministry in any way we can,\u201d read the statement. The organisation stated that a property and real estate sector meeting is now being organised by BE, which will see all investors and relevant sector stakeholders converge in the war room of Business Eswatini, to have a spirited discussion about the Act and its regulations and also to learn from the officials of the ministry of housing and urban development who shall be invited to be present.<\/p>\n<p><strong>For More News And Analysis About Eswatini Follow Africa-Press<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Eswatini. Business Eswatini (BE) is of the considered view that there is considerable value that lies buried in the real estate sector, which must be unlocked for the benefit of the national economy. In a press statement issued yesterday, BE said the model of sectional title ownership has benefitted economies of countries that [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":52457,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,7],"tags":[249],"class_list":["post-52458","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-head-lines","tag-eswatini"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>CONSIDERABLE VALUE LIES BURIED IN THE REAL ESTATE SECTOR - BE - Eswatini<\/title>\n<meta name=\"description\" content=\"Business Eswatini (BE) is of the considered view that there is considerable value that lies buried in the real estate ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/eswatini\/all-news\/considerable-value-lies-buried-in-the-real-estate-sector-be\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CONSIDERABLE VALUE LIES BURIED IN THE REAL ESTATE SECTOR - BE\" \/>\n<meta property=\"og:description\" content=\"Business Eswatini (BE) is of the considered view that there is considerable value that lies buried in the real estate ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/eswatini\/all-news\/considerable-value-lies-buried-in-the-real-estate-sector-be\" \/>\n<meta property=\"og:site_name\" content=\"Eswatini\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2024-07-07T10:37:47+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-07-07T10:56:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/eswatini\/sites\/33\/2024\/07\/sm_1720337081.943658.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1080\" \/>\n\t<meta property=\"og:image:height\" content=\"680\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/eswatini\/all-news\/considerable-value-lies-buried-in-the-real-estate-sector-be#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/eswatini\/all-news\/considerable-value-lies-buried-in-the-real-estate-sector-be\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/eswatini\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"CONSIDERABLE VALUE LIES BURIED IN THE REAL ESTATE SECTOR &#8211; 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