In light of Nigeria’s significant housing deficit, which exceeds 22 million units and poses a serious challenge, particularly for low-income individuals, Kenburger Homes—a technology-driven real estate developer—is set to redefine the landscape.
During a press conference in Lagos, Kene Onyia, the Chief Executive Officer of Kenburger Homes and a real estate consultant from the USA, emphasized the need for collective efforts to ensure that a larger segment of Nigeria’s population has access to homes.
Onyia highlighted that Kenburger Homes is dedicated to serving middle-to-upper-income individuals and families in search of affordable, luxurious, and sustainable housing options.
The company has ambitious plans to develop 50 new estates across Nigeria within the next five years, aiming to deliver 10,000 housing units and create over 50,000 jobs, thereby making a substantial contribution to Nigeria’s GDP growth.
He also announced that after training more than 300 Africans from Nigeria, Kenya, South Africa, and Zambia in USA real estate wholesaling, Kenburger Homes is preparing to elevate its efforts with a large-scale Afro Real Estate Wholesaling/STR hybrid conference, scheduled for April 2025, which will be held both online and in-person.
Kenburger Homes is committed to innovative solutions, integrating advanced technologies and sustainable practices. Onyia noted that these initiatives include the use of green building materials, renewable energy, smart home automation, and community-oriented amenities.
To tackle Nigeria’s housing deficit, Onyia urged the Federal Government to embrace innovative strategies such as Public-Private Partnerships (PPPs), affordable housing initiatives, land reform policies, and improved access to affordable financing.
Regarding Kenburger Homes’ role in enhancing the sector, Onyia stated that as a forward-thinking real estate developer, the company is dedicated to offering affordable luxury housing.
“For instance, in Kuje, Abuja, we are currently offering a 500 sqft penthouse bungalow with four bedrooms for just #1.6 million. This is an incredible deal considering the extensive infrastructure we plan to implement in a highly secure, CCTV-monitored estate. Our approach promotes sustainable building practices, job creation, and economic growth, while also collaborating with government agencies to develop inclusive housing policies and partnership opportunities,” he explained.
Onyia further revealed that Kenburger Homes is seeking collaboration with the Nigerian government through PPPs, land allocation, accurate land data, financing initiatives, regulatory support, and partnerships with SME government agencies to train over 10,000 Nigerians in USA virtual real estate wholesaling.
