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Latest real estate stories from across Kenya.

Troubled Home Afrika selling its houses, land to pay off bank loans
Bizna KenyaReal Estate

Troubled Home Afrika selling its houses, land to pay off bank loans

Loss-making real estate company Home Afrika has resulted to offloading its assets to settle an outstanding multi-million loan. The company that is listed on the Nairobi Securities Exchange owes the I&M Bank Sh. 79 million. It also has…

1 min read
Tight economy causes rapid fall of construction loans in Kenya
Bizna KenyaReal Estate

Tight economy causes rapid fall of construction loans in Kenya

The availability of funds from the housing fund levy did not quicken the pace of activities within Kenya’s construction sector in the first three months of the year 2024. According to the latest KNBS Quarterly Gross Domestic Product…

2 min read
Total number of single rooms you can fit into a 50 by 100 plot
Bizna KenyaReal Estate

Total number of single rooms you can fit into a 50 by 100 plot

In Kenya’s urban areas, properties are often advertised and sold in small chunks, like 1/8th of an acre or commonly put, 50 by 100s. Most of the time, property buyers have uses and needs to extract from their plots of land. Some might…

3 min read
Decline in Housing Prices Stimulates a Rise in Demand
Business Today KenyaReal Estate

Decline in Housing Prices Stimulates a Rise in Demand

Most home buyers sought lower-segment houses in the year 2023 even as real estate developers grappled with a sustained overall decline in housing prices for most part of the year.

1 min read
From Superior Homes, a Sh14B Master-Planned Housing Project
Business Today KenyaReal Estate

From Superior Homes, a Sh14B Master-Planned Housing Project

Real estate developer Superior Homes has officially launched a Ksh14 billion master-planned gated community in Lukenya, Machakos County, which seeks to offer a live, work, and play environment.

2 min read
Inside MyTown, Biggest Mall In Lang’ata Constituency
Business Today KenyaReal Estate

Inside MyTown, Biggest Mall In Lang’ata Constituency

Recently, Lang’ata MP Felix Odiwuor alias Jalang’o made a post celebrating the launch of Tibu Health Africa at the recently launched MyTown Mall in Karen. In his statement on Instagram, Jalang’o said the facility opens up Lang’ata for more…

2 min read