• 1 300 jobs created over time. • Investment tops N$1,5 billion.
OMEYA continued to make history with their auction on Saturday. A Total of 134 erven were sold for over N$72 million.
The vibe was vibrant, especially on erven with reserve prices of between N$280 000 and N$400 000. Erven in this price range were sold for between N$340 000 and N$ 550 000. The average price per erf was over N$520 000 per erf.
Omeya will continue to market erven not sold at the auction. These erven range from N$450 000 to N$2.6 million.
Erven to the value of N$6 million have been sold since the auction closed on Saturday at 17:00. The developers are set to commence with ground breaking on the 31 March 2010.
It is expected that Phase 1 of the development will be completed by the first quarter of 2011. Omeya will create over 1 300 jobs over the next 3 to 5 years in the construction, domestic workers, tourism, security and entertainment industry.
The Omeya investment ,once completed, will be over N$1.5 billion. A real investment not only for the Khomas Region, but Namibia.
The dream of creating Omeya came alive on Saturday with the fly-over demonstration on how Omeya will look like once completed. The positive marketing campaign that Omeya has engaged over the past 2 months has paid dividends at the auction.
It was clear that the Omeya marketing campaign was a first for Namibia and has set new standards on how property is marketed in future.
Mr Quinton Mentor, the winner of erf 180, could not believe his luck. Asked before the draw, he stated that he never wins anything. This time his luck changed! Eight people tried to unlock the dream door, before Quinton tried his key and opened his dream door to Omeya.
One of the lucky buyers at the auction, was so happy that he was able to get his dream erf that he camped out Saturday night on his erf at Omeya. Buyers came from as far as Italy and north Africa to secure their erven.
These and other stories only confirmed that the dream of creating a vibrant community came to life on Saturday.
Future residents had long discussions at the auction on how their home would look like. They could consult Leon Barnard Architects on home designs, Nexus on construction costs and Namibian banks on financing.
Mr. Andre van der Walt, a director at Omeya, was overwhelmed with the response from buyers and thanked everyone for being part of the creation of Omeya. He stated the Lord has blessed this project indeed and was very grateful.