AMMAN: Housing developers are considering a proposal by the authorities and the UN Human Settlements Programme (UN-Habitat) to build apartments for lower middle income Jordanians.
Jordan Housing Developers Association (JHDA) President Kamal Awamleh told The Jordan Times the program would deliver up to 30,000 affordable apartments over three years, targeting households whose monthly income ranges between JD300 and JD500.
The housing projects would be implemented by Jordanian developers, Awamleh said, adding that the price of land in areas surrounding cities is feasible to implement such ventures. According to the JHDA president, rents in Amman went up by nearly 100 per cent over the past few years due to the influx of Syrians, while in the northern region they increased by over 200 per cent.
He said the proposed scheme aims to enable the delivery of smaller-sized affordable housing units (60-65 square metres), designed so that they can be expanded or combined to create 120-130 sq. m. apartments in the future. The target price for these units is JD15,000 inclusive of land, making them affordable to households earning above JD300 per month.
