{"id":109946,"date":"2025-09-13T17:21:48","date_gmt":"2025-09-13T17:21:48","guid":{"rendered":"https:\/\/www.africa-press.net\/rwanda\/all-news\/rssbs-middle-class-homes-70-booked-before-completion"},"modified":"2025-09-13T17:29:51","modified_gmt":"2025-09-13T17:29:51","slug":"rssbs-middle-class-homes-70-booked-before-completion","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/rwanda\/all-news\/rssbs-middle-class-homes-70-booked-before-completion","title":{"rendered":"RSSB\u2019s middle-class homes 70% booked before completion"},"content":{"rendered":"

Africa-Press – Rwanda. <\/strong><\/span>Rwanda Social Security Board (RSSB) has announced that 70 percent of residential housing units at its Heza Estate project have already been subscribed to, despite the project still being under construction.<\/p>\n

Located in Batsinda, Kinyinya Sector of Gasabo District in Kigali, Heza Estate comprises 548 housing units. The estate is positioned as a middle-income housing project and is expected to officially launch sales before the end of 2025, while its completion is scheduled next year (in 2026).<\/p>\n

RSSB CEO Regis Rugemanshuro spoke during a press conference in Kigali on September 10. Photo by Dan Gatisinzi<\/p>\n

Speaking on September 10 at a press conference reviewing the fund\u2019s 2024\/2025 performance and its five-year strategy (2021\u20132025), RSSB CEO Regis Rugemanshuro explained that the board\u2019s real estate investments are categorised into three segments: high-end, middle-income, and affordable housing.<\/p>\n

He clarified that Vision City, another RSSB-backed development \u2013 located in Gacuriro, Gasabo District, Kigali \u2013 spans both high-end and middle-income segments, while Heza Estate focuses specifically on the middle-income category.<\/p>\n

Vision City phase one, which consisted of 504 housing units, was officially completed in 2018 and was sold out by 2023, while the development of Vision City phase two is underway and is expected to comprise more than 1,497 housing units.<\/p>\n

Official pricing for Heza Estate units is expected to be announced by the end of the current month, with prices ranging between Rwf80 million and Rwf120 million, Rugemanshuro said.<\/p>\n

\u201cAlthough construction is not yet complete, 70 per cent of the units have already been subscribed to, which shows a strong market demand for housing in this category,\u201d he observed.<\/p>\n

Heza Estate is conceptualised as the first middle-income neighbourhood in Rwanda, utilising precast concrete technology, according to Ultimate Developers (UDL) Ltd, a subsidiary of RSSB responsible for its real estate development business management in commercial and residential areas.<\/p>\n

Precast concrete is used for its durability and low maintenance, it indicated, adding that the Heza Estate residential units range from one-bedroom to three-bedroom apartments, with retail and green spaces.<\/p>\n

Challenges in affordable housing<\/b><\/p>\n

Addressing the issue of affordable housing, Rugemanshuro acknowledged that it remains a complex area due to cost, technology, and infrastructure challenges.<\/p>\n

Rwanda’s affordable housing policy states that an affordable house should not exceed Rwf40 million or Rwf50 million, with payment spread over a 15- to 20-year period.<\/p>\n

\u201cIt is difficult to build strong, decent homes that fall within affordable price ranges using current technologies,\u201d Rugemanshuro said.<\/p>\n

Affordable housing projects, he pointed out, often require infrastructure that may need to be provided by the government, raising the question of how much support developers should request from the government without creating a financial burden.<\/p>\n

While acknowledging the strong demand for affordable housing, he underscored the importance of careful planning.<\/p>\n

\u201cWe have a responsibility to explore viable solutions, but we are avoiding being hasty,\u201d Rugemanshuro said.<\/p>\n

For instance, instead of directly implementing affordable housing projects, RSSB has chosen to support government-led initiatives. He cited the Nyabisindu rehousing project in Remera Sector, Gasabo District, as an example, where RSSB plays a supporting role without being the primary executor.<\/p>\n

\u201cNyabisindu is a promising model for affordable housing. Upon completion, it will stand as one of the better-executed initiatives in this segment,\u201d he observed.<\/p>\n

As the institution responsible for managing the country\u2019s social security, RSSB\u2019s investment strategy is designed to secure the long-term financial well-being of contributors. As such, it says, its investments must be strategic enough to generate stable returns, ensuring that retirees receive adequate pension benefits for a dignified retirement.<\/p>\n

For More News And Analysis About Rwanda<\/span> Follow Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Rwanda. Rwanda Social Security Board (RSSB) has announced that 70 percent of residential housing units at its Heza Estate project have already been subscribed to, despite the project still being under construction. Located in Batsinda, Kinyinya Sector of Gasabo District in Kigali, Heza Estate comprises 548 housing units. The estate is positioned as […]<\/p>\n","protected":false},"author":84,"featured_media":109945,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,30],"tags":[2550,7570,8055,8053,3405,758,8054],"class_list":["post-109946","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-community","tag-affordable-housing","tag-heza-estate","tag-housing-investments","tag-nyabisindu-rehousing","tag-rssb","tag-rwanda","tag-vision-city"],"yoast_head":"\nRSSB\u2019s middle-class homes 70% booked before completion - Rwanda<\/title>\n<meta name=\"description\" content=\"Rwanda Social Security Board (RSSB) has announced that 70 percent of residential housing units at its Heza Estate projec ...\" \/>\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\/rwanda\/all-news\/rssbs-middle-class-homes-70-booked-before-completion\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"RSSB\u2019s middle-class homes 70% booked before completion\" \/>\n<meta property=\"og:description\" content=\"Rwanda Social Security Board (RSSB) has announced that 70 percent of residential housing units at its Heza Estate projec ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/rwanda\/all-news\/rssbs-middle-class-homes-70-booked-before-completion\" \/>\n<meta property=\"og:site_name\" content=\"Rwanda\" \/>\n<meta property=\"article:published_time\" content=\"2025-09-13T17:21:48+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-09-13T17:29:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/rwanda\/sites\/23\/2025\/09\/sm_1757771966.605331.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"555\" \/>\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=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/all-news\/rssbs-middle-class-homes-70-booked-before-completion#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/all-news\/rssbs-middle-class-homes-70-booked-before-completion\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"RSSB\u2019s middle-class homes 70% booked before completion\",\"datePublished\":\"2025-09-13T17:21:48+00:00\",\"dateModified\":\"2025-09-13T17:29:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/all-news\/rssbs-middle-class-homes-70-booked-before-completion\"},\"wordCount\":592,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/all-news\/rssbs-middle-class-homes-70-booked-before-completion#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/rwanda\/sites\/23\/2025\/09\/sm_1757771966.605331.jpg\",\"keywords\":[\"Affordable housing\",\"Heza Estate\",\"Housing investments\",\"Nyabisindu rehousing\",\"RSSB\",\"Rwanda\",\"Vision City\"],\"articleSection\":[\"all news\",\"Community\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/rwanda\/all-news\/rssbs-middle-class-homes-70-booked-before-completion#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/all-news\/rssbs-middle-class-homes-70-booked-before-completion\",\"url\":\"https:\/\/www.africa-press.net\/rwanda\/all-news\/rssbs-middle-class-homes-70-booked-before-completion\",\"name\":\"RSSB\u2019s middle-class homes 70% booked before completion - 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