VAAL Uganda Highlights Kololo Real Estate Resilience Amid Market Challenges

Despite economic uncertainty affecting many parts of Kampala’s property sector, Kololo continues to outperform, reaffirming its status as one of the city’s most premium residential districts.

VAAL Uganda reports that early 2024 occupancy in Kololo dropped by only 1%, compared to declines of 5–10% in other high-end neighborhoods. Analysts attribute this stability to a steady base of institutional tenants, including diplomatic missions, multinational corporations, and international organizations.

“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 population growth, which reached 45.9 million in 2024, has further intensified demand for high-quality housing. Additionally, recognition as the Best Investment Destination in Africa by the Annual Investment Meeting Congress has fueled over US\$2.7 billion in foreign direct investment over the past two years.

Kololo’s strategic location near embassies, international agencies, and the central business district ensures continuous demand from premium tenants. In this context, VAAL Uganda is introducing its latest project, The Bridge Kololo, aimed at setting a new benchmark in residential development.

“The Bridge Kololo isn’t just another development—it’s an elevation of standards for the entire city,” Arineitwe said. “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 grow further and population expanding at nearly 3% per year, the pressure on prime housing is expected to increase. Early investment in The Bridge Kololo offers a unique opportunity to secure assets in a proven, stable market poised for continued growth.