The Federal Government has pegged the price of a one-bedroom semi-detached bungalow at N8.5 million under its Renewed Hope Housing Estate Programme, aimed at making homeownership more affordable and transparent for Nigerians.

In a statement on Thursday, the Federal Ministry of Housing and Urban Development announced uniform prices across all states:

• One-bedroom: N8.5 million
• Two-bedroom: N11.5 million
• Three-bedroom: N12.5 million

The Ministry said the uniform pricing ensures equity, affordability, and fairness, allowing Nigerians nationwide to benefit equally.

Minister Ahmed Musa Dangiwa noted that allocation priority will go to low- and middle-income earners, civil servants, private sector workers, and Nigerians in the Diaspora.

Permanent Secretary Dr. Shuaib Belgore added that flexible payment options—outright purchase, mortgage, rent-to-own, and instalment plans—are available to make ownership easier. Sales of completed homes across the country will begin soon.

Interested applicants should apply via www.renewedhopehomes.fmhud.gov.ng or visit the Ministry’s offices nationwide.

The post FG Sets Uniform Housing Prices, One-Bedroom at N8.5m appeared first on Housing TV Africa.