Zambia’s property market is gaining momentum in 2025, with demand rising across residential, retail, and industrial segments as urbanization accelerates and businesses expand in hubs like Lusaka and the Copperbelt. Middle-income suburbs such as Ibex Hill, Chalala, and Obama have recorded notable activity, with strong appetite for serviced plots and secure gated estates that offer modern amenities and reliable title.
Market forecasts point to continued sector growth through 2029, driven by a growing middle class, infrastructure investment, and mixed-use developments that combine residential and commercial convenience in nodes like Roma Park. Residential market value projections and property price index narratives underscore steady expansion, with consumer preferences shifting toward contemporary finishes, shared facilities, and well-managed estates.
Action points for stakeholders include prioritizing due diligence on title, aligning projects with infrastructure corridors, and targeting mid-market price bands where absorption remains healthy, particularly ZMW 850,000–ZMW 1.5 million homes and ZMW 120,000–ZMW 250,000 serviced plots in expansion zones. Attending industry convenings like ZAMREAL helps track shifts in demand across asset classes, tenant preferences, and financing conditions that affect pricing and returns.