Property experts say the high cost of rent in Dar es Salaam is a result
of limited supply of descent houses and lack of planned areas that
provide good roads, access to clean water and other basic services.
PHOTO|FILE
By Alawi Masare, The Citizen
In Summary
- Property experts say the high cost of rent in Dar es Salaam is a result of limited supply of descent houses and lack of planned areas that provide good roads, access to clean water and other basic services.
Living in commercial capitals
is always expensive but Dar es Salaam may be the most expensive in the
East African region pushed by rental costs in its posh areas
.
Fresh data reveals that renting a
fully furnished apartment in expensive areas of the city can cost up to
an average of $2,711 per month for an 85 m² (900sqft) housing, the
highest amount compared to Nairobi, Kigali and Kampala.
An online survey-based cost of living calculator, expatistan.com, shows that the same house in high-end areas will cost $1,247 in Nairobi, $1,182 in Kampala and $933 in Kigali.
Property experts say the high
cost of rent in Dar es Salaam is a result of limited supply of descent
houses and lack of planned areas that provide good roads, access to
clean water and other basic services.
Competition for a few high-end areas makes the rent go up, says Sultani Mndeme, a real estate consultant with GimcoAfrica.
Tanzania is also reported to
have a few property developers although pension funds and the National
Housing Corporation are now investing heavily in the real estate
including the low-cost housing schemes.
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