Statistics for 40/60 Condominium Apartments in Addis Ababa Ethiopia.

[Update - September 03, 2015] - 40/60 Condominium Locations, Number of Houses, Number of Blocks and Current Status

Ato Bizuneh Kinde, Director of Addis Ababa City Administration Saving Houses Development Enterprise (AASHDE) gave a statement on April 24th, 2015 about the 40/60 Condominium Apartment Construction in Addis Ababa. Here are some of the facts we know

• 20,973 people have paid 40% or more
• 1,992 40/60 condominium units will be transferred to home owners this year sometime around July (2007 Ethiopian Calendar)
• Priority will be given to people who have paid full amount during the registration
• Whether or not government employees will be given priority, compared to private employees is still under discussion
• The condominium units to be transferred to home owners are located in Senga tera and Crown hotel (Kality) sites.
• Crown hotel site has 882 houses in 14 blocks.
• Senga tera sites have 5 blocks and 340 houses.
• Only finishing work is remaining for the Senga tera and Crown hotel 40/60 condominium apartments

To get the latest statistics including total number of people registered, types of condominium units being built and how the priority of home owners gets decided,  check out 40/60 Condominium Latest Statistics.