Kampala, Uganda – While many parts of Kampala’s real estate market have felt the pressure of economic uncertainty, Kololo has remained remarkably resilient, positioning itself once again as the city’s most sought-after residential enclave.
According to VAAL Uganda, occupancy levels in Kololo fell by just 1% in early 2024, compared to drops of 5–10% in other prime neighborhoods. This resilience has been driven largely by institutional tenants, including diplomatic missions, multinational corporations, and international organizations, whose housing demand is less vulnerable to market fluctuations.
“Kololo has always been the crown jewel of Kampala real estate,” said Brian Arineitwe, during VAAL Uganda’s Instagram Live session on Thursday. “Even when the broader market slows down, the fundamentals here are so strong that downturns become minor bumps rather than disruptions.”
Uganda’s expanding population, which grew to 45.9 million in 2024 from 34.6 million a decade ago, continues to intensify demand for quality housing. Coupled with Uganda being named the Best Investment Destination in Africa by the Annual Investment Meeting Congress, the country has attracted over US$2.7 billion in foreign direct investment in the past two years alone.
This trend directly benefits Kololo, where international firms prefer to house senior executives. Its proximity to embassies, international agencies, and Kampala’s business district ensures a consistent flow of premium tenants.
Against this backdrop, VAAL Uganda has positioned its flagship project, The Bridge Kololo, as a defining moment for Kampala’s property market.
“The Bridge Kololo isn’t just another development—it’s an elevation of standards for the entire city,” Arineitwe explained. “Smart investors know the best time to enter the market is now, before the crowd catches on and prices adjust upward.”
With Uganda’s economy projected to accelerate further and population growth continuing at nearly 3% annually, demand pressure on prime housing is expected to intensify.
For discerning investors, pre-launch opportunities at The Bridge Kololo represent a rare chance to secure assets in a market where stability is already proven, and future growth is virtually guaranteed.
