The first 700 housing units at the Saglemi Housing Project are expected to be completed by March 2027 as government moves to revive the abandoned housing development in the Greater Accra Region.

Developer LMI Holdings is expected to deliver the 700 units as part of an initial 1,500-unit phase, which is scheduled for completion by December 2027.

The timelines were announced during President John Dramani Mahama’s inspection of the project on Thursday, 20 August, 2026.

President Mahama said the decision to revive Saglemi through a partnership with the private sector was intended to turn the stalled development into a functional residential community.

“From what you have seen today, this estate is going to become a modern and conducive residential community for thousands of Ghanaian families,” President Mahama said.

The Saglemi development was originally planned as a 5,000-unit affordable housing project under the late President John Evans Atta Mills.

However, construction was halted after a change in government, followed by legal and investigative processes that kept the project inactive.

The site subsequently suffered extensive vandalism, with electrical cables, fittings, wash basins, bathtubs, bulbs and underground telecommunications cables reportedly removed.

President Mahama said government later resolved to work with the private sector to complete the project, with LMI Holdings selected to undertake the redevelopment.

He urged prospective buyers to act quickly once the sales portal is opened, citing the expected demand for the homes.

“I want to encourage Ghanaians to register as soon as the sales portal is opened because these houses will be in high demand,” he said.

The President said the development could also provide accommodation for workers employed by businesses operating around the Tema and Dawa industrial corridor.

He explained that the project would therefore serve both workers and families seeking homes within a planned residential community.

The location, he said, would also benefit from planned transport infrastructure.

President Mahama said government was dualising the road from the Saglemi area to Aflao, with the first phase under construction and the second phase, from Central University, being awarded.

“Residents will therefore enjoy a fast and efficient road connection,” he said.

He also disclosed plans for a railway connection that would carry passengers and freight, including containers and industrial goods between the Tema Port and the industrial park.

According to the President, the combination of housing and transport infrastructure would position Saglemi within an emerging industrial and residential corridor and support the development of the proposed Green Digital City.

President Mahama said he expected the developer to meet the agreed delivery schedule.

“It is my hope that shortly after Christmas, around Easter next year, we shall gather here to commission the first 700 housing units and hand them over to homeowners. Then, in December next year, we shall return once again to commission the remaining units, completing the first phase of 1,500 houses,” he said.

The 1,500 units constitute the first stage of the original 5,000-unit project.

President Mahama said the remaining 3,500 units would be addressed after completion of the first phase.

He also announced that government was preparing a broader national housing programme, which is expected to be outlined by the Finance Minister in the next budget.

“Saglemi is not the last housing project. Government is preparing a major national housing programme that will be announced by the Finance Minister in the next budget,” he said.

President Mahama said GH¢500 million had already been earmarked for the District Housing Scheme, with construction expected to commence in selected districts as part of government’s four-year housing programme.