• About
  • Advertise
  • Privacy Policy
  • Contact
Monday, September 15, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

Convert affordable housing at Asokore Mampong into student hostels- Frank Aboagye Danyansah

July 26, 2021
Stephen M.Cby Stephen M.C
in Real Estate
0
Frank Aboagye Danyansah, Ashanti Region Secretary of the Ghana Real Estates Development Agency (GREDA), has called on government to modify the Affordable Housing Project at Asokore Mampong in the Ashanti Region into hostel facilities.

Frank Aboagye Danyansah, Ashanti Region Secretary of the Ghana Real Estates Development Agency (GREDA).

Frank Aboagye Danyansah, Ashanti Region Secretary of the Ghana Real Estates Development Agency (GREDA), has called on government to modify the Affordable Housing Project at Asokore Mampong in the Ashanti Region into hostel facilities.

According to him, the move will help solve the accommodation challenge experienced by students at the Kumasi-based tertiary institution.

Mr Danyansah’s comments follow agitations by students from Kwame Nkrumah University of Science and Technology (KNUST) who have described hostel prices as excessive due to high demand of private hostel facilities.

RelatedPosts

Africa’s Real Estate Investment: A Minor Player in a Global Market

Oil and Gas to Play a Long-Term Role in Africa’s Electricity Mix- African Energy Chamber

Instead Of Borrowing To Invest In Projects, Preserve Your Capital- Andani Advises Real Estate Developers

 “We have the Asokore Mampong Affordable Housing now going to waste. SSNIT took 500, and out of the 500, they have completed 150 which they have given out. The remaining 350 is still there”.

Currently, the overall number of housing units is 1,053, which comprises of twenty six shops, and 1,027 serves as residential units.

Mr Danyansah further explained that because some eight hundred and fifty of the units have been lying fallow, it should be given as accommodation to students.

“Let us modify these ones into hostels, and if we’re doing 4 in a room, these 850 units can provide 4,000 students with accommodation.

 “Since Asantehene Otumfuo Osei Tutu II is the Chancellor of KNUST, and this affordable housing has been named after him, my suggestion is that we should convert the affordable housing at Asokore Mampong into student hostels for KNUST.

“If we can, why are our leaders sitting there and students are arguing with private developers?”

KNUST management interventions

Following the venting by students of KNUST, the school’s management has assured them of a possible reduction. This, they explained, will be done in consultation with the private developers.

The National Tenants’ Union of Ghana has called on the Housing Minister to convert the beleaguered Saglemi housing project into a social housing.
Housing project.

That notwithstanding, Mr Danyansa noted that the school management must also be proactive by investing in accommodation for students. Also, he suggested that they can alternatively provide certain reliefs for private developers within its “Build-Operate-Transfer” arrangement.

 Justifying his assertion, Mr Danyansah further revealed that until a solution is found, the high hostel charges would remain the same.

“KNUST has about 81,000 student population; last year alone, they admitted 30,000 out of the whole Ghana’s 90,000 who applied for university.

“I am a private developer, I have my hostels there, I want returns on my investments, and so you don’t tell me to have a cap on the ceiling of how much I price; no. So what you have to do, is to expand the number of facilities within your campus and make it cheaper”.

Asokore Mampong Affordable Housing

In November last year, President Nana Addo Dankwa Akufo-Addo inaugurated the Affordable Housing Project at Asokore-Mampong in the Ashanti Region.

Christened the Otumfuo Osei Tutu Housing Estates after the Asantehene, the 1,021 housing units commenced thirteen years ago. However, government in partnership with the Social Security and National Insurance Trust (SSNIT) sought to complete it.

The Housing project wasn’t primarily intended to address the country’s housing challenge but to as well serve as an investment asset for the scheme.

The Affordable Housing Project is intended to provide accommodation for low and middle-income workers, and build the capacity of local contractors, among others.

Read Also: Ghanaians slam Sarkodie for cigar pictures

Tags: Affordable HousingAsokore MampongGhana NewsGREDAKNUST
Please login to join discussion
Previous Post

We reviewed multiple wearable panty vibrators

Next Post

R. Kelly accused of abusing teenage boy

[mc4wp_form id="1264"]

Related Posts

State Department Defends Decision To Revoke Chinese Student Visas
Asia

Rubio In Israel For Two-day State Visit

September 14, 2025
Apostle Dr. Kwadwo Safo
General News

Bright Simons on Late Apostle Safo’s Enduring Vision and Legacy

September 14, 2025
WHO Launches Ebola Vaccination Drive In Congo
Africa

WHO Launches Ebola Vaccination Drive In Congo

September 14, 2025
Professor Stephen Kwaku Asare
General News

Keep Bail Decisions Simple – Prof. Asare Tells Judges

September 14, 2025
Apostle Kwadwo Sarfo
Arts & Lifestyle

Apostle Safo Kantanka Confirmed Dead

September 14, 2025
cedi stability and Ghana's gold reserves
General News

Cedi Stability Debate Heats Up Amid Political Clash

September 14, 2025
State Department Defends Decision To Revoke Chinese Student Visas
Asia

Rubio In Israel For Two-day State Visit

by Comfort AmpomaaSeptember 14, 2025
Apostle Dr. Kwadwo Safo
General News

Bright Simons on Late Apostle Safo’s Enduring Vision and Legacy

by Silas Kafui AssemSeptember 14, 2025
WHO Launches Ebola Vaccination Drive In Congo
Africa

WHO Launches Ebola Vaccination Drive In Congo

by Lawrence AnkutseSeptember 14, 2025
Professor Stephen Kwaku Asare
General News

Keep Bail Decisions Simple – Prof. Asare Tells Judges

by Evans Junior OwuSeptember 14, 2025
Apostle Kwadwo Sarfo
Arts & Lifestyle

Apostle Safo Kantanka Confirmed Dead

by Esther Korantemaa OffeiSeptember 14, 2025
cedi stability and Ghana's gold reserves
General News

Cedi Stability Debate Heats Up Amid Political Clash

by Lilian AhedorSeptember 14, 2025
State Department Defends Decision To Revoke Chinese Student Visas
Apostle Dr. Kwadwo Safo
WHO Launches Ebola Vaccination Drive In Congo
Professor Stephen Kwaku Asare
Apostle Kwadwo Sarfo
cedi stability and Ghana's gold reserves
[/vc_row_inner]

Recent News

  • Rubio In Israel For Two-day State Visit
  • Bright Simons on Late Apostle Safo’s Enduring Vision and Legacy
  • WHO Launches Ebola Vaccination Drive In Congo
  • Keep Bail Decisions Simple – Prof. Asare Tells Judges
  • Apostle Safo Kantanka Confirmed Dead
The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.