Land prices are apparantly soaring in Hargeisa

Dedicated for Somaliland politics and affairs.

Moderator: Moderators

hangool79
SomaliNet Heavyweight
SomaliNet Heavyweight
Posts: 1606
Joined: Sun Mar 06, 2016 4:49 pm

Land prices are apparantly soaring in Hargeisa

Post by hangool79 »

I heard plots of land are being sold for 200 000 dollars, highest I heard was half a million dollars (not sure if the bid went thorugh), so whats going on??
User avatar
JSLHistorian
SomaliNet Heavyweight
SomaliNet Heavyweight
Posts: 1351
Joined: Mon May 23, 2016 10:39 am

Re: Land prices are apparantly soaring in Hargeisa

Post by JSLHistorian »

Good thing I bought 3 plots of land there then.
User avatar
AwRastaale
SomaliNet Super
SomaliNet Super
Posts: 7612
Joined: Mon Nov 30, 2015 5:09 am

Re: Land prices are apparantly soaring in Hargeisa

Post by AwRastaale »

Land in Hargeisa is bloated and over valued due to many reasons including lack of regulatory authority, tribal land grabbing (every fker claims his Sheikh hebel ancestry father used to herd goats there), corruption, diaspora, poor urban planning, lack of faith in the system and so called local gov.

The lack of urban planning and competent authority means essential or somewhat adequate resources such as water, roads and markets are limited to limited area.

If there was capable leadership that could deliver these essentials beyond the few blocks everyone would spread out and pay reasonable prices for land.

Everyone at the moment wants to live along the Berbera-Wajaale road or Hargeisa-Beledweyne-Xamar one.
hangool79
SomaliNet Heavyweight
SomaliNet Heavyweight
Posts: 1606
Joined: Sun Mar 06, 2016 4:49 pm

Re: Land prices are apparantly soaring in Hargeisa

Post by hangool79 »

AwRastaale wrote:Land in Hargeisa is bloated and over valued due to many reasons including lack of regulatory authority, tribal land grabbing (every fker claims his Sheikh hebel ancestry father used to herd goats there), corruption, diaspora, poor urban planning, lack of faith in the system and so called local gov.
do you own land?
hangool79
SomaliNet Heavyweight
SomaliNet Heavyweight
Posts: 1606
Joined: Sun Mar 06, 2016 4:49 pm

Re: Land prices are apparantly soaring in Hargeisa

Post by hangool79 »

JSLHistorian wrote:Good thing I bought 3 plots of land there then.

where, when and how much
User avatar
AwRastaale
SomaliNet Super
SomaliNet Super
Posts: 7612
Joined: Mon Nov 30, 2015 5:09 am

Re: Land prices are apparantly soaring in Hargeisa

Post by AwRastaale »

Hangool

Yea I do in Qudhac dheer, Laanta, NH n ina Mooge.

You?
User avatar
JSLHistorian
SomaliNet Heavyweight
SomaliNet Heavyweight
Posts: 1351
Joined: Mon May 23, 2016 10:39 am

Re: Land prices are apparantly soaring in Hargeisa

Post by JSLHistorian »

hangool79 wrote:
JSLHistorian wrote:Good thing I bought 3 plots of land there then.

where, when and how much

New Hargeisa district. 10 plots for $35,000.
hangool79
SomaliNet Heavyweight
SomaliNet Heavyweight
Posts: 1606
Joined: Sun Mar 06, 2016 4:49 pm

Re: Land prices are apparantly soaring in Hargeisa

Post by hangool79 »

AwRastaale wrote:Hangool

Yea I do in Qudhac dheer, Laanta, NH n ina Mooge.

You?

I see you are ghetto fabolous :lol:
hangool79
SomaliNet Heavyweight
SomaliNet Heavyweight
Posts: 1606
Joined: Sun Mar 06, 2016 4:49 pm

Re: Land prices are apparantly soaring in Hargeisa

Post by hangool79 »

JSLHistorian wrote:
hangool79 wrote:
JSLHistorian wrote:Good thing I bought 3 plots of land there then.

where, when and how much

New Hargeisa district. 10 plots for $35,000.
if you are serious, and by plot you mean baloodh, 80x40m, then you are potentially quite wealthy, lookin at 250 000 dollars. I guess you bought back in the early 00s 2003 - 2008
hangool79
SomaliNet Heavyweight
SomaliNet Heavyweight
Posts: 1606
Joined: Sun Mar 06, 2016 4:49 pm

Re: Land prices are apparantly soaring in Hargeisa

Post by hangool79 »

I wonder why there are so many empty plots along hargeisa - gabiley road...been like that for years now
User avatar
AwRastaale
SomaliNet Super
SomaliNet Super
Posts: 7612
Joined: Mon Nov 30, 2015 5:09 am

Re: Land prices are apparantly soaring in Hargeisa

Post by AwRastaale »

JSLHistorian wrote:
hangool79 wrote:
JSLHistorian wrote:Good thing I bought 3 plots of land there then.

where, when and how much

New Hargeisa district. 10 plots for $35,000.
Must be near dooxa or the cemetery :mrgreen:

The cheapest I had was $10k and that was from an extended uncle.

Where is this? Seems far too cheap/bargain.

A plot is usually 18x24.
User avatar
Timiro1999
SomaliNet Heavyweight
SomaliNet Heavyweight
Posts: 2765
Joined: Thu Dec 03, 2015 7:45 am

Re: Land prices are apparantly soaring in Hargeisa

Post by Timiro1999 »

AwRastaale wrote:Hangool

Yea I do in Qudhac dheer, Laanta, NH n ina Mooge.

You?
Maasha Allah my indro waa taajir.
User avatar
Timiro1999
SomaliNet Heavyweight
SomaliNet Heavyweight
Posts: 2765
Joined: Thu Dec 03, 2015 7:45 am

Re: Land prices are apparantly soaring in Hargeisa

Post by Timiro1999 »

2006 meel aan siistay $2000 imika waa $30,000!
weliba hooyaday baa igu guubaabisay anigu maan donahaynin.
User avatar
JSLHistorian
SomaliNet Heavyweight
SomaliNet Heavyweight
Posts: 1351
Joined: Mon May 23, 2016 10:39 am

Re: Land prices are apparantly soaring in Hargeisa

Post by JSLHistorian »

hangool79 wrote:
JSLHistorian wrote:
hangool79 wrote:

where, when and how much

New Hargeisa district. 10 plots for $35,000.
if you are serious, and by plot you mean baloodh, 80x40m, then you are potentially quite wealthy, lookin at 250 000 dollars. I guess you bought back in the early 00s 2003 - 2008

I bought it recently, it was more like wholesale. I might sell it in few years time when the land soars more.
User avatar
AwRastaale
SomaliNet Super
SomaliNet Super
Posts: 7612
Joined: Mon Nov 30, 2015 5:09 am

Re: Land prices are apparantly soaring in Hargeisa

Post by AwRastaale »

Timiro1999 wrote:2006 meel aan siistay $2000 imika waa $30,000!
weliba hooyaday baa igu guubaabisay anigu maan donahaynin.
Masha Allah cuzz. That's like 1400% increase.

:stylin: .
Post Reply
  • Similar Topics
    Replies
    Views
    Last post

Return to “Politics - Somaliland”