During the meeting, GREPA highlighted the importance of full implementation of the Real Estate Agency Act (Act 1047) to enhance transparency, ethical practice, and professional standards in Ghana’s real estate sector. The discussion also covered challenges facing industry professionals, including unregulated practices, land documentation issues, and the need for a comprehensive national property data system to improve property transactions, valuations, and investment decisions.
 

The Minister welcomed GREPA’s engagement and acknowledged the association’s efforts in advancing professionalism, technology adoption, and industry formalization. He reiterated the Ministry’s commitment to working closely with GREPA and other stakeholders to ensure the effective implementation of Act 1047 and other regulatory frameworks that will promote a more structured and investor-friendly real estate environment.

“The real estate sector is a key driver of Ghana’s economic growth, and its proper regulation is essential for sustainable development. We appreciate GREPA’s dedication to this cause and are ready to collaborate to ensure the successful implementation of the Real Estate Agency Act and other industry-enhancing initiatives”.

The Theme of this year’s Africa Real Estate Conference & Expo (ARCE 2025 PropTech), where he will speak on "Strengthening Real Estate Regulations and Data-Driven Decision-Making for Africa’s Housing Market." His participation will highlight the government’s vision for an efficient, transparent, and technology-driven real estate sector in Ghana and Africa at large.

GREPA Founder & CEO (Lady Vicky Sampah) expressed appreciation for the Minister’s support, stating, “As a professional body committed to industry development, we believe that effective regulation, accurate property data, and strategic government collaboration are key to Ghana’s real estate transformation.

We look forward to working with the Ministry to ensure that the Real Estate Agency Act is fully operationalized, and that Ghana builds a more structured and competitive property market.”

This meeting marks another step in GREPA’s ongoing engagement with policymakers and stakeholders to drive innovation, regulation, and investment in Ghana’s real estate landscape.

For media inquiries, sponsorships, or participation in ARCE 2025 PropTech, please contact:
Ghana Real Estate Professionals Association (GREPA)
Email: events@arceconference.com
Phone: 0269574186
Website: www.arceconference.com