Apartments maintain popularity as property market struggles in Q1 2019
Apartments maintained dominance in the housing market accounting for 62.6% of the total units sold between January and March 2019 down from 76.3% of the total units sold between October and December 2018, the Kenya Bankers Association House Pricing Index (KBA-HPI) shows.
This represents a...
Shelter Afrique, HF complete Sh990m Richland Pointe housing project
Pan-African housing development financier, Shelter Afrique and HF Group subsidiary, HF Development & Investment Limited (HFDI), have completed the development of the Ksh 990 million Richland Pointe, which targets the growing middle-income population.
The modern apartments located along Kamiti Road in Kiambu County, are developed under...
7 houses, Sh300m up for grabs in M-Pesa promotion
Safaricom has today launched a loyalty promotion that seeks to reward all M-PESA customers and agents. Dubbed “Maisha Ni M-PESA Tu”, the promotion will reward customers every time they send and receive money, transfer money from a bank account to M-PESA and for all...
Property bounces back: Land prices in Nairobi by region
Improvement recorded in asking sales and rents across all properties, an indication that the market is feeling the effects of the economy returning to normalcy
Allure of living in Westlands crashes
Despite the poor performance in sales, the residential market in Westlands has been doing well with apartments being the model of choice
Property owners squeeze apartments’ space as prices rise
Currently, the average size of land that a property development can be put on is 25 feet by 70 feet