South Sudan’s real estate market faces an unexpected paradox. While new luxury apartments and hotels are under construction, many existing properties remain vacant, struggling to find tenants or buyers. The country’s economic challenges, inflation, and insecurity have significantly affected the housing market, creating a disconnect between supply and demand.

As of 2024, Juba, the capital, has seen a boom in luxury real estate projects aimed at expatriates and high-income residents. Yet, the average South Sudanese citizen struggles to afford basic housing due to skyrocketing costs. According to local property agents, nearly 40% of available apartments are unoccupied despite being priced lower than the new luxury units. This vacancy is driven by high costs, with rental rates averaging $1,000 to $2,500 for mid-range apartments, prices that are out of reach for many.

In contrast, some high-end developments are thriving. A few luxury hotels and serviced apartments set to open in 2024-2025, such as the prestigious Freedom Tower Residences, have already secured pre-bookings, mostly from international businesses and NGOs. However, this segment represents only a small fraction of the market, leaving a gap between available housing and the needs of everyday citizens.

The crisis reflects a wider economic imbalance, where the demand for affordable housing far outweighs the availability, yet investment continues to flow into premium real estate. For a sustainable future, developers and policymakers must consider affordable solutions that meet the broader needs of the population.

This contrasting reality underlines the complexity of South Sudan’s real estate market, which, while poised for luxury growth, must address its affordability crisis to truly thrive.