Properties
ZAMBIA PROPERTY MARKET KEY FIGURES
| Real Estate GDP Share 2025 | Real Growth 2025 | National Housing Deficit | Ongos Valley PPP |
|---|---|---|---|
| 4.04% | 3.7% | ~1.5 million units | 10,000 units |
Real estate activities contributed 4.04% to Zambia’s GDP in 2025, growing 3.7% in real terms, against a national housing deficit the National Housing Authority puts at approximately 1.5 million units.
Two major public-private housing initiatives launched in early 2026: a 10,000-unit mixed-use development agreement between the National Housing Authority and Namibia’s Ongos Valley Development, and a prefabricated concrete panel housing factory built with China Jiangsu International Corporation in the Lusaka South Multi-Facility Economic Zone.
Market Size
Real estate activities contributed 4.04% of Zambia’s nominal GDP in 2025, growing 3.7% in real terms over the year[1].
The Housing Deficit and Public-Private Response
The National Housing Authority’s Acting Chief Executive Officer put Zambia’s national housing deficit at approximately 1.5 million units[2]. In early 2026, the National Housing Authority and Ongos Valley Development of Namibia signed a Memorandum of Agreement to develop 10,000 mixed-use property units across the country under a public-private partnership model[3]. Separately, the National Housing Authority partnered with China Jiangsu International Corporation to build a prefabricated concrete panel housing factory in the Lusaka South Multi-Facility Economic Zone, using technology the Minister of Infrastructure, Housing and Urban Development said significantly reduces construction time and cost[2].
Investment Opportunities
The 1.5 million unit housing deficit is a gap far larger than the property sector’s current 4.04% GDP share could close without sustained investment, with the Ongos Valley and prefabricated housing models offering two distinct, already-proven entry points for developers and manufacturers, detailed further on the dedicated Real Estate and Housing pages[1][2][3].
Last Update: September 2026
