posted on 2024-09-06, 07:26authored byTesfamariam Resom
Mekelle is a city which needs to construct 38,000 houses up to 2015 to solve the
accumulated and emerging housing problem. As a result, the government has
established IHDP and planned to construct 14,647 condominium houses.
However, comparatively low and middle income respondents were not able or
willing to purchase it. This paper aims at assessing fitness to the intended
purpose of the condominium houses constructed in the first cycle. To realize the
objectives of the study, semi-structured questionnaire was administered to 188
respondents. Furthermore, interviews, focus group discussions were used as data
collection tools and secondary sources were used as data sources. And then data
outputs were produced using SPSS version-16.
The finding indicates that, the income of the residents and the costs of each
condominium units were the main factors that determine the affordability of the
condominium houses. Accordingly, the condominium units were affordable only
for 34(18.1%) of the respondents. In addition to this, most of the respondents
didn’t have saving practice and get trouble to finance the down payment from
different sources. Moreover, the respondents were not well informed about the
process, advantages and costs of the condominium houses. As a result the
provision of condominium houses became tiresome.
History
Publisher
Mekelle University
Citation
Resom Tesfamariam (2010) Assessment of Condominium Housing: Fitness to the Intended Purpose: The Case of Mekelle City, Thesis. Mekelle:MU.