Kenburger Homes to Reposition Nigeria’s Real Estate with Technology

Worried about Nigeria’s housing deficit, estimated at over 22 million units, which presents a daunting challenge, especially for those in the lower end of the ladder, Kenburger Homes, a technology driven real estate developer, is poised to change the narrative.

Speaking with newsmen in Lagos, the Chief Executive Officer, Kenburger Homes. a USA real estate consultant, Kene Onyia, said all hands must be on deck to ensure that the larger Nigeria populations have a home to call their own.

Onyia said Kenburger Homes focuses on middle-to-upper-income individuals and families seeking affordable, luxurious, and sustainable housing solutions. 

He said within the next five years, the company aimed to develop 50 additional estates across Nigeria, delivers 10,000 housing units, creates over 50,000 jobs by so doing contribute significantly to Nigeria’s GDP growth.

The CEO disclosed that after training over 300 Africans from Nigeria, Kenya, South Africa and Zambia in USA real estate Wholesaling, “we are ready to take it to the next level by April 2025 with a massive Afro Real estate Wholesaling/STR hybrid  Conference (Online and Physical simultaneously).”

With focus on innovative solutions, Kenburger Homes incorporates cutting-edge technologies and sustainable practices, which according to Onyia, includes green building materials, renewable energy integration, smart home automation and community-focused amenities.

On how the Federal Government can address Nigeria’s housing deficit, the Kenburger Homes CEO urged the FG to adopt innovative solutions including Public-Private Partnerships (PPPs), affordable housing initiatives, land reform policies and access to affordable financing.

On what Kenburger Homes’ can contribute to boost the sector, Onyia said as an innovative real estate developer, the firm is committed to providing affordable luxury housing. 

“In Kuje, Abuja, we are currently selling 500 sqft for #1.6 million for a penthouse 4 beds Bungalow which is insane considering all the infrastructure we would be putting in place in the extremely security conscious CCTV cladded estate, promotes sustainable building practices, creating jobs and stimulating economic growth, collaborating with government agencies to develop inclusive housing policies and partnership opportunities and policy recommendations,” he stated.

Onyia disclosed that Kenburger Homes seeks collaboration with the Nigerian government through PPPs, land allocation, proper land data, financing initiatives, regulatory support, capacity building and partnership with the SME Government agencies to train over 10,000 Nigerians in USA virtual real estate Wholesaling.

The CEO recommended national housing policy review, tax incentives, mortgage financing, infrastructure development, regulatory framework, economic impact and implementation roadmap 

“By partnering with Kenburger Homes, the Nigerian government can address the housing deficit, improve living standards, drive economic growth, enhance sustainability, and foster public-private partnerships,” he added.