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Cytonn report maps most expensive estates in Kenya
Kenyans looking to buy homes in Nairobi’s upmarket areas need to earn at least Sh3.1 million a month to afford a mortgage. According to a Cytonn report on mortgage and… Read more
Improving renting conditions is a good way of solving Kenya housing crisis
Housing is a service, not a product. For too long, housing has favoured landlords rather than tenants. There is a cluster of high-end housing along Thika Road that has remained… Read more
Kenya : Best places to invest in real estate around the country
‘Niko na ka-one-eighth mahali…” is a common conversation starter in many social gatherings. This is so common that a person mentioning a ‘ka-one-eighth’ will be quickly understood by anyone around them… Read more
Only 1,000 landlords respond to Kenya Revenue Authority’s tax amnesty
The taxman will have to go back to the drawing board and find new ways of getting landlords into the tax net. This is after only 1,000 house owners took… Read more
Rising satellite towns drive down land prices in Nairobi
Nairobi land prices dropped for the first time in the first three months of 2016 even as that for satellite towns rose, according to Hass Consult Property index. The land… Read more
Hyper supply of houses in Nairobi may lead to glut: reports
Housing in Nairobi is nearing “hyper supply” in the real estate cycle. Housing in Nairobi is nearing “hyper supply” in the real estate cycle after more than a decade of… Read more
Top Five Most Expensive Areas to Buy Land in Nairobi Revealed in Survey
Nairobi’s Upper Hill is still the most expensive area to buy land in the city, despite a marginal drop in landprices in most of the capital’s suburbs. Land in Upper Hill… Read more
Kenya homeowners reap big as they turn homes into guest houses
Recently, Meru Governor Peter Munya was in the news asking people hailing from the county but live in Nairobi to convert their rural homes into paid-for accommodation facilities. This was… Read more
Children’s needs ignored in Nairobi’s physical planning
Children are a kind of indicator species. If we can build a successful city for children, we will have a successful city for all people. – Enrique Penalosa Great cities… Read more
President’s order on review of fees gives hope to developers.
Developers could get a major reprieve after President Uhuru Kenyatta ordered a review of the fees charged by two construction sector regulators. President Kenyatta called for an immediate review of… Read more
Freehold and leasehold titles are valid documents issued by State
Early this year, the public was treated to hilarious moments when President Uhuru Kenyatta gave out leasehold titles to squatters on the now famous “Waitiki Land”. Many did not seem… Read more
Knowing market trend key to making best investment
With little understanding the dynamics of the property cycle, many investors tend to become overconfident. Over the years, real estate has come to be been considered one of the safest… Read more
Kenya :You can repossess your property if buyer defaults
I entered into a written agreement with a person who was interested in buying one of my apartments in Nairobi. We signed a sale agreement before mutually agreeing to have… Read more
Meet woman who ventured into real estate with no capital
Monica Wanjohi’s first stab at real estate was selling land she didn’t own, but that gamble has set her off on a rewarding path Buying and selling property in Kenya,… Read more
Banking on social capital to own homes
While many new real estate companies often receive funding from venture capital partnerships dating back to the 1970s and ‘80s, or simply mortgages which mean loan capital, Heri Homes, a… Read more