Real Estate

Kimisitu Sacco partners with real estate firm

Kimisitu Sacco has partnered with KOTO Ltd, a house development company, to make it easy for its members to buy houses.  Towards this end, the Sacco has launched Makao Halisi, a financing product through members will pay for the houses. This is part of the Sacco’s growth strategy that is hinged on growing ...

Read More »

Kiserian, Ongata Rongai residents in drive to promote road safety

Weeks after staging a dramatic walk-to-work to protest matatu impunity, residents of Kiserian and Ongata Rongai are back on the road, this time with week-long activities to promote road safety, according to the region’s leader, Fred Gori. The Road Safety Week is organized by the Kiserian and Ongata Rongai Residents Association ...

Read More »

Demand for land rises despite jump in prices

Property Reality Company (PRC) this week released its second edition of its land index, which tracks changes in prices across several locations on the outskirts of Nairobi. According to PRC General Manager Abraham Mureithi, demand for property is on the rise, driven by growing incomes. “This is majorly driven by an ...

Read More »

Clay Works turns into Sh5bn estate

Housing Finance Group has embarked on a Ksh5 billion project to put up 1,520 apartments along Thika Road. The apartments will be built at the former Clay Works area off Thika Road in a joint venture with Clay Works Limited which owns the land. The project will sit on 24.5 ...

Read More »

Sh100m road boost for Sultan Palace beach houses

Homeowners at Sultan Palace beach retreat, a leading luxury development in Kilifi County, will enjoy easy access to their property after the county government invested over Ksh100 million in upgrading major infrastructure leading to the development. Kilifi County has started works to transform to bitumen standard a 2.5KM dirt road ...

Read More »

Construction policy under review

The National Construction Authority (NCA) today commissioned research into the capacity of Kenyan contractors with a view to standardising construction materials and technology in the country. The research will be a key output during this year’s Annual Construction Research Conference and Exhibition (ACoRCE) in November, which will bring together the region’s ...

Read More »

Lecturer to head multi-billion real estate firm

Resorts & Cities has appointed its former Chief Operating Officer Peter Wairegi as the new Chief Executive Officer, to steer the operations of the real estate development company behind the multi-million Longonate Gate and Makuyu Ridge mega resort projects. This follows the end of the five-year term of the current ...

Read More »

Real estate firm to develop 1,200 residential houses at Tatu City

Tatu City has announced the addition of a new high-density residential development to its project. Construction by developer Lifestyle Properties is set to begin in November 2016, with 1,200 units on 30 acres and prices starting from Ksh6 million. The development is expected to house over 4,500 residents upon completion.  “Lifestyle Properties ...

Read More »

KCB property bus tour offers rich pickings for investors

KCB Bank Kenya will launch its annual property bus tour on Saturday, 30th April, 2016 in Nairobi as it sets focus on low cost housing through business lines diversification. The move is part of plans to expand its offering by actively participating in the lucrative property development market.  To support these ...

Read More »