Namibia’s plot crisis deepens

NAMPA

2026-05-13

WINDHOEK, 13 May 2026 - First National Bank (FNB) Namibia Market Research Manager Mandisa Van Wyk. (Photo: Contributed) NAMPA

WINDHOEK, 13 MAY (NAMPA) -Residential plot sales in Namibia contracted by 32 per cent in the first quarter of 2026, remaining deep in negative territory for the second consecutive quarter, as coastal house prices surged by 10.6 per cent, FNB Namibia said on Tuesday.

Plot sales, a key measure of land delivery, declined across all four regions, with the coastal and central regions recording the steepest contractions at 41.8 per cent and 41.7 per c...

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