In this industry (of apartments and bungalows), there are those who build to sell and those who build to rent (invest). For both parties, the major aim is to maximise profits. “For this to be possible, a developer must consider the location and size of a piece of land
There was a time when huge single bungalows with an extensive compound were a common sight but today, we see only a few of these beautiful houses as the modern thing has become apartments (multi-storied blocks/flats), which are multiplying day by day.
Mr Nicolas Arinaitwe, the executive director of Real Estate Agency, Management and Consultancy, says the gradual change is because apartments are more profitable than bungalows.

In this industry (of apartments and bungalows), there are those who build to sell and those who build to rent (invest). For both parties, the major aim is to maximise profits. “For this to be possible, a developer must consider the location and size of a piece of land, research about the population size and its income level before they start building,” Mr Arinaitwe says.


The ministry of healthy recommended a ban on the vending alcohol in plastic sachets after consultation following the death of 19 people in different parts of the country in less than a week.
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