Kennedy Agyapong is a New Patriotic Party flagbearer hopeful
New Patriotic Party flagbearer hopeful, Kennedy Agyapong, has expressed his regret over his decision to purchase over 277 houses in the country.
Speaking in a recent podcast, Ken Agyapong indicated that the wiser decision he could have made was to invest the money he used to purchase the houses in business.
“When you have a property at Cantonments, $500,000, your rent will not be more than $4,000 a month. But if you use the $500,000 to do business, and you make 10%, I’m just drawing your attention.
“I’ve so many houses here that I have regretted. Some of them, I don’t even remember… I have regretted it because if I had invested that money in a business, I would have made a lot of money. I have over 277 houses in Ghana, and it is a waste. I have regretted buying those houses because I don’t get people to rent them,” he said.
Kennedy Agyapong, a former Member of Ghana’s Parliament, indicated that despite his regret, he was not going to use the over 277 houses.
He said that he was going to give them to his children, who could sell them in the future when they are in need.
“But, I don’t want to sell, I want to give them to my kids. I have many kids; I want to share the houses amongst them. My plan is that if you, if you are a woman, if you marry and your relationship doesn’t go well, when you come back home, you have your properties, you can dispose of some of them to start a business.”
The presidential hopeful recalled how he sold some of his properties when he was in need.
“In 1990, I had 11 houses, but I had to sell six of them to start life again. With the exception of people in real estate, anybody selling their property is broke.”
Watch video of his remarks:
Why rental properties may be a bad idea!
I own 277 in Ghana 🇬🇭
Hon Kennedy Agyapong speaks pic.twitter.com/nowXXCU3ez
— Derrick K Abaitey (@deeabaitey) August 1, 2025
BAI/SEA
Meanwhile, watch as Prophet Worlasi shares bombshell prophesies on Bawumia and NPP on The Lowdown: