SALEM INVESTMENT Limited, a private estate developer, is offering opportunity for Ghanaians to own houses of their own at affordable houses.
William Adjei Koduah, Managing Director of the company, disclosing this in an interview with this paper recently, observed that the company’s objective for providing quality housing estates was to enable Ghanaians to acquire wonderful homes at incomparable prices in pristine and beautifully landscaped surroundings.
Salem Investment Limited has developed 200 private residences set in a beautiful surrounding at East Legon Extension, Adjirigano – one of the finest residential areas in Accra.
“Salem is currently developing over 800 residential housing estates in a spacious gated community at Malejor, 10 minutes drive from the Adenta barrier before Valley View University on the Accra Dodowa Road. These carefully designed housing units comprise 2, 3 and 4 detached and semi-detached single and double storey buildings.
“Provision has also been made for recreational facilities, shops, police station and nursery/crèche centres for customers’ comfort and safety.”
In the communities where Salem Investments is undertaking the affordable housing projects are service utilities such as electricity, water and tarred access roads.
The company’s solid reputation, quality and design of its beautiful homes have attracted both corporate and private customers. Our major customers include banks, institutions, co-operate bodies and individuals.
The company was registered in 1995.
Even though it is presently 100 percent Ghanaian-owned, there are plans to broaden its equity base and attract suitable foreign participation as well as capital as permitted by Ghana’s Investment Code. “This will enable us to broaden the scope of our housing delivery services,” Mr Koduah emphasised.
The company began operations as an importer/retailer of building materials. In 1999, Salem took the decision to venture into commercial real estate development.
This diversification has paid off as Salem Investment Ltd. has established a solid reputation as a dependable cost-effective supplier of affordable homes for different budgets and clients.
With its head office at ‘Salem House’ off the Spintex Road, Baatsona, the MD has assured the nation that the company has a budget for every customer.
By Samuel Boadi