VAAL Real Estate has officially launched PUNA, a 22-storey residential tower in Airport West, marking a significant expansion in Accra’s vertical housing market.
The development was unveiled at Kempinski Hotel Gold Coast City and represents the developer’s seventh landmark project in Ghana. Entry-level pricing begins at 85,000 United States dollars (USD), positioning the tower as an accessible entry point into Accra’s premium property sector.
VAAL Chief Executive Officer Alaa Zayed said the company’s guiding principle centres on advancing urban development. He described PUNA as the firm’s new benchmark for quality and client expectations.
The residential tower offers studio, one-bedroom and two-bedroom apartments designed to maximise natural light, space efficiency and functionality. Units feature contemporary layouts with curated finishes selected for durability and aesthetic appeal.
Sales Manager Nazir Halabi-Ahma outlined structured payment plans aimed at optimising investor cash flow. Financial projections highlight rental demand from expatriates and corporate executives, alongside capital appreciation potential in the Airport West corridor.
The location provides proximity to Kotoka International Airport, diplomatic missions, business districts and lifestyle destinations, reinforcing its dual appeal as residence and investment asset.
Deputy Minister for Works, Housing and Water Resources Gizella Tetteh-Agbotui delivered the keynote address, describing PUNA as a remarkable addition to Accra’s evolving residential landscape. She emphasised the role of credible private-sector developers in addressing Ghana’s housing needs through modern vertical housing solutions.
Tetteh-Agbotui reaffirmed government commitment to strengthening public-private partnerships, expanding access to housing finance and promoting sustainable construction practices.
The development reflects intensifying demand for professionally managed vertical communities in prime Accra locations. Airport West continues to attract diaspora buyers, upwardly mobile professionals and institutional investors seeking exposure to high-performing residential markets.
PUNA includes community-oriented amenities, smart building management systems, leisure spaces and security features designed for contemporary lifestyles and rental markets.
The deputy minister expressed hope that PUNA would set new standards for residential development in Ghana beyond its physical height.
