Ssembatya Vista Homes

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Ssembatya Saadi

Ssembatya Saadi

Director

Ssembatya Saadi was born 16.09.1997 his Ugandan and lives in Kampala capital city, Graduated at Makerere University Business School with a Bachelors degree in travel and tourism management, hospitality management etc. Got skills and experience in Engineering construction over 10 years.


Team

Ndagire Betty

Ndagire Betty

Secretary

Was born on 02.11.1997 in Uganda lives in Kampala, graduated at Makerere university with a Diploma in Accounting and Business Administration, is an Accountant by professional with over 8years of experiences.

Nabunya Sarah

Nabunya Sarah

Deputy Secretary

Was born on16.05.1967 and her nationality is a Ugandan lives in Kampala city, Sarah is a business woman

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Idea

Ssembatya Vista Homes is a proposed apartment building project focused on addressing the housing shortage in Kampala. The project aims to build a 6-unit apartment block on an owned plot in a well-connected, middle-income area. These 6-bedroom apartments, each with approximately 80m² of living space, are designed to meet the increasing demand for affordable housing. The development is projected to cost $100,000, which covers land purchase, construction, design, permits, and other necessary expenses. The apartments are intended for middle-income renters, particularly students and young professionals, and will be ready for occupancy within 12 months.


Challenge

Ssembatya Vista Homes addresses several key challenges in the Kampala housing market, including high demand for middle-income housing, regulatory delays, and the potential for cost overruns. The project’s proposed solutions include keeping rents competitive to maintain occupancy and managing construction costs with a 5% contingency and fixed-price contracts. Additionally, regulatory hurdles will be mitigated by engaging with the local council early in the process and hiring experienced project managers. To manage financial risks, the project will lock in fixed interest rates or secure short-term loans to protect against interest rate hikes. The comprehensive timeline and risk mitigation strategies ensure that the project remains on track for timely completion and financial sustainability.


Solution

Ssembatya Vista Homes proposes a solution to Kampala’s housing shortage by offering affordable, sustainable, and modern living spaces. The apartment units will feature eco-friendly elements like solar water heaters and rainwater harvesting to help reduce operating costs for tenants. With an expected annual rental income of $30,024, the development aims to provide a return on investment (ROI) between 10-24%, depending on market conditions. The project is designed to accommodate the growing demand for rental housing in the area, with an estimated occupancy rate of 90% and an affordable rent rate of $417 per unit per month.



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