M
ajor urban property developer Société d’Aménagement de Douala (SAD)
is in the process of transforming the Bonapriso neighbourhood of Douala
with its “Cité des Cinquantenaires de Douala” housing development project.
Being built within the framework of a vast urban restructuring operation, this
housing estate is a foretaste of the makeover the neighbourhood is undergoing
and should serve as an inspiration to the rest of Cameroon, especially since SAD
began operating nationwide in 2011.Construction of thefrst phase, on two hectares of land, began in November 2016.
However, in total, this avant-garde housing complex will be built on 40,000 m².
Four 9- to 10-storey buildings are to be built, comprising 525 high-end apartments
as well as 4,242 m² of ofce space and 6,922 m² of commercial premises. The
complex will also include infrastructure for services (crèches) and leisure (25 m
junior Olympic pool). The total investment is 35 billion CFA francs, including taxes.SAD : a market leader in housing estate developmentThefnancing, nowfnalised and approved, is being provided by SAD majority
shareholder Communauté Urbaine de Douala (CUD – Douala Urban Community),
SAD, Crédit Foncier du Cameroun, FEICOM and local and international banks.
The project is being marketed locally(Douala and Yaoundé) and internationally
(Montreal and Paris). To date, 25% of the apartments have been reserved.Established in 1998 with an agreement between the Communauté Urbaine de
Douala and the Collectivité Coutumière du Canton Bakoko (Bakoko Canton
traditional council) for the purpose of undertaking large property developments, in
2005 SAD became a true property developer in order to play its part in improving
access to housing, including social housing, in CameroonDouala “Cité des Cinquantenaires”
Sales Ofces
SADHeadOfce
28 9, rue Koloko, Bonapriso
DOUALA, CAMEROUN
Tel.: (+237) 699 936 688
Email : [email protected]
Email : [email protected]Finance Immo Afrique inc.
3737, boulevard Crémazie Est
MONTRÉAL, CANADA
Tel.: (+1) 514 906 1463
Tel.: (+1) 819 384 4495
Email : [email protected]Société d’Aménagement de Douala
289, rue Koloko Bonapriso
BP 4747 - DOUALA, CAMEROUN
Tél. : (+237) 233 431 143
Email : [email protected]
http://www.doualarchipole.comSociété d’Aménagement de DoualaCité des
Cinquantenaires
de Douala
A symbol of
Cameroon’s urban
modernisation
M. Manfred Mbassa,
directeur général de la SAD.DIFCOM/DF - PHOTOS : DR;