The Housing Authority’s (the Authority) residential land development projects which began in late 2017, were assigned to the Ministry of Finance (MOF) and the International Finance Corporation (IFC) in 2018.
The Authority’s Board, led by Chairperson, Mrs Sereana Qoro, appreciates the decision by the Coalition Government & Ministry of Housing to return these development sites to the Authority.
This move addresses the challenges related to holding costs and delays in the cash conversion cycle, while enabling the Authority to fast-track the completion of remaining works. Approximately 2,000 residential lots – along with housing units are now planned for delivery over the next two years from the following sites: Davuilevu, Wainibuku and Nepani in Nasinu, Tavakubu in Lautoka, and Koronisalusalu in Tavua.
In 2024, the Authority successfully completed two new residential developments – one at Covata in Labasa and the other in Deuba, Pacific Harbour, delivering a total of 137 residential lots with sales currently in progress. These two smaller residential land development projects were carried out between 2019 and 2023 during the period the Authority awaited a decision on the major capital projects assigned to the IFC and MOF, as previously mentioned.
Board Chair, Mrs Qoro stated that the Authority is actively focusing on future land development plans to support the Ministry of Housing in addressing informal settlements and increasing the availability of affordable residential lots, in alignment with the National Development Plan (NDP) 2025-2029, Vision 2050 and the National Housing Policy 2025-2030.
“In addition, residential land development planning is currently underway for several projects, which are at varying stages—from preliminary work to tender evaluation. These projects include Wairabetia in Lautoka, Waqadra in Nadi, and Waila, Tacirua, and Veikoba in Nasinu. Collectively, they are expected to deliver approximately 3,847 residential lots, including housing units, between 2027 and 2031,” she said.
Mrs. Qoro emphasized that while development progress and planning continue to encounter challenges, such as rising costs, there is optimism within the organization that, with the support of the Ministry of Housing, government agencies, and other stakeholders, it will successfully deliver residential lots that are affordable for middle- to low-income families.