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Where are the best places to invest in Kumasi right now? Is the bustling area of Adum still the top pick, or are neighborhoods like Ahodwo, Patasi, and Santasi gaining ground? What makes these locations attractive to both local and foreign investors?
We’re often asked these questions because we work directly with local real estate agents, developers, and clients who invest across the city. Our firsthand experience in these markets gives us unique insights into where the real opportunities lie. To save everyone from asking privately, we’ve written this article to share our knowledge broadly.
Our goal is to highlight the hottest markets in Kumasi and explain why they’re worth your attention in 2025.
If you have suggestions or want us to dive deeper into a specific area, let us know. You shoot an email, we answer within 24 hours.
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1) Suame is gaining interest with its industrial growth driving demand for residential and commercial properties
Suame is buzzing with industrial growth, making it a hot spot for property buyers.
Over the past few years, Suame has become a key player in Ghana's automotive and engineering sectors, which has boosted the local economy. This industrial boom has opened up a wealth of job opportunities, drawing in a skilled workforce of artisans, mechanics, and technicians.
The government is backing this growth with infrastructure projects like a 6.4km well-asphalted highway and a comprehensive urban development plan. These initiatives are improving transportation links, making it easier for goods and people to flow in and out of Suame.
With the industrial sector on the rise, there's a growing need for housing, pushing up residential property prices. Suame's property prices are climbing faster than in other parts of Kumasi, underscoring the high demand for both residential and commercial spaces.
New commercial developments are popping up, including hostels, hotels, and warehouses, signaling the birth of new business parks in the area. This trend is a clear indicator of Suame's potential as a thriving business hub.
For anyone looking to invest in property, Suame offers a unique opportunity with its booming industrial scene and growing demand for real estate.
Sources: MoFEP, SCIRP, Private Property Ghana
2) Daban is attracting interest with its affordable property prices and potential for significant appreciation due to increasing development projects
Daban is catching eyes for its affordable property prices and the potential for significant appreciation as development projects in Kumasi ramp up.
In recent years, especially around 2023 and 2024, property transactions in Daban have surged. This uptick is clear from the increasing number of listings and sales on platforms like Jiji Ghana, signaling a lively market.
A major driver of this trend is the wave of development projects in the area. The World Bank is backing urban mobility improvements in Kumasi, including a Bus Rapid Transit (BRT) System. This initiative aims to boost transportation efficiency, cut down travel time, and enhance safety, making Daban more appealing to both residents and investors.
Real estate agencies like Jiji Ghana and Tonaton.com highlight that property prices in Daban are generally lower compared to other Kumasi neighborhoods. For example, you can snag a 4-bedroom house in Daban for GH₵ 3,500,000, which is a steal compared to similar properties elsewhere.
This affordability, paired with the potential for appreciation, is drawing more interest from buyers and sellers alike. Development projects are expected to further boost property values, making it a promising investment spot.
Sources: Jiji Ghana, 3news.com, Tonaton.com
We have made this infographic to give you a quick and clear snapshot of the property market in Ghana. It highlights key facts like rental prices, yields, and property costs both in city centers and outside, so you can easily compare opportunities. We’ve done some research and also included useful insights about the country’s economy, like GDP, population, and interest rates, to help you understand the bigger picture.
3) Santasi is seeing rising property values thanks to its proximity to major roads and commercial areas
Santasi is seeing a surge in property values thanks to its location near major roads and bustling commercial areas.
In recent years, especially in 2023 and 2024, property prices have climbed significantly. For instance, a plot of land in Pakyi No. 2 on Santasi Road was listed at GH₵60,000, highlighting the upward trend in property values. This area is becoming a hot spot for buyers looking for both residential and commercial opportunities.
The demand for properties in Santasi is on the rise, with platforms like Jiji Ghana showing a high number of listings for houses and apartments. This surge in interest is largely due to the area's easy access to major roads, such as the Kumasi-Obuasi road, which makes it a convenient choice for many.
Commercial activities are booming in Santasi, with a variety of real estate listings indicating a thriving business environment. The numerous new houses and apartments being listed suggest ongoing real estate projects, which are further boosting the area's growth and property values.
Insider knowledge reveals that Santasi's proximity to key roads not only enhances its appeal but also drives economic activity, attracting businesses and residents alike. This accessibility is a major factor in the area's rising popularity and property prices.
As more people discover the benefits of living and working in Santasi, the area continues to evolve, with new developments constantly emerging. This dynamic growth is a testament to its strategic location and the opportunities it offers to potential buyers.
Sources: Private Property Ghana, Jiji Ghana
4) Asokwa is popular for its mix of residential and commercial properties, offering diverse investment opportunities
Asokwa is a hot spot for investors thanks to its unique mix of residential and commercial properties.
This blend offers diverse investment opportunities, attracting a wide range of investors eager to tap into the area's potential. The demand for properties that serve both residential and commercial purposes is particularly high, making Asokwa a prime location for mixed-use developments.
Property values in Asokwa have been on the rise, driven by new educational institutions and government infrastructure projects. This upward trend is expected to continue, making it an attractive option for those looking for long-term growth in their investments.
The area is also buzzing with business activity, adding to its allure. With around 85,000 real estate transactions annually in Kumasi, valued at approximately US$1.7 billion, Asokwa is part of a thriving market that draws investors interested in the city's culturally rich neighborhoods and strategic growth plans.
Investors are particularly drawn to Asokwa because of its strategic location within Kumasi, which is known for its vibrant culture and economic potential. The area's development is supported by a mix of local and international businesses, further enhancing its appeal.
Asokwa's unique combination of residential and commercial properties offers a dynamic environment for both living and business, making it a sought-after destination for savvy investors.
Sources: Private Property Ghana, Estate Intel, Cities Alliance
While this article provides thoughtful analysis and insights based on credible and carefully selected sources, it is not, and should never be considered, financial advice. We put significant effort into researching, aggregating, and analyzing data to present you with an informed perspective. However, every analysis reflects subjective choices, such as the selection of sources and methodologies, and no single piece can encompass the full complexity of the market. Always conduct your own research, seek professional advice, and make decisions based on your own judgment. Any financial risks or losses remain your responsibility.