Real estate agents described 2024 as a year filled with challenges and opportunities in the property financing industry. They endured challenges and remained motivated to make more sales in 2025. These sentiments were shared at the Bank Windhoek annual Coastal Estate Agent Awards in Swakopmund on Friday, 14 March 2025. The awards recognise estate agents' hard work and dedication in Namibia's coastal areas.
While delivering his remarks, Bank Windhoek's Chief Financial Officer and Interim Specialist Finance Executive Officer, Zenaune Kamberipa, assured that the demand for homeownership remains strong. “The reduced repo rate creates opportunities for more families to take their first steps onto the property ladder, and this is where our collective efforts become crucial," he said.
Additionally, he said the property market could foresee increased economic activity and the demand for housing in Swakopmund, Walvis Bay and Lüderitz across the affordable, middle and luxury housing segments. “We will also see a demand for commercial and industrial spaces as the appetite for demand for oil and gas increases regionally and globally. Prospects for the Coast and the rest of Namibia look good for the immediate future," he said.
Human & Co Real Estate received the Gold Award as an achiever of the year in the Coast. Olga Human from Human & Co Real Estate said that for 2024 and 2025, the property market in Walvis Bay is observing an exceptionally high demand from potential buyers. However, minimal properties are available in the residential and industrial sectors. “Interest has surged from international and Namibian businesses, especially in the oil, gas, and logistics industries. Compared to last year, this growth has been significant, further reinforcing Walvis Bay's role as a strategic economic hub," she said.
Being in the real estate industry for over a decade, Human shared her remarkable journey with Bank Windhoek. “Bank Windhoek upholds the values of respect, efficiency, and dedication. They take the time to meet with clients, process home loan applications without unnecessary delays, and ensure that valuations, signings, and other steps are handled promptly," she said.
“As Human & Co continues to grow, this achievement serves as motivation to maintain high standards, build stronger client relationships and contribute positively to the real estate at the coast," she concluded.
Corne Robberts from Grobbies Estates said he appreciates Bank Windhoek's recognition of estate agents' work in the property market and looks forward to more sales in 2025.
The other achievers are:
Estate Agents with the Highest Volume of Transactions
• Bronze: Velia Liebenberg from Henties Bay Estates CC
• Bronze: Claudia Lofty-Eaton from Ramos Realtors Namibia
Achiever of the Year: Estate Agents
• Silver: Morne Henry Human from Human & Co Real Estate
Achiever of the Year: Estate Agency
• Bronze: HomePage Estate Agency
• Bronze: Grobbies Estates
• Gold: Human & Co Real Estate
Estate Agency with the Highest Volume of Transactions
Bronze: Ramos Realtors Namibia.
Hosted annually, Bank Windhoek's Annual Estate Agent Awards recognises residential and commercial estate agents, agencies, and developers from the central, coastal and northern regions for their commitment, loyalty, and support to Bank Windhoek and its customers. Next week, Bank Windhoek will recognise northern estate agents in Oshakati.
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