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Latest real estate stories from across Kenya.

CMA Approves Mi Vida Homes as REITs Manager
Business Today KenyaReal Estate

CMA Approves Mi Vida Homes as REITs Manager

The Capital Markets Authority (CMA) has granted a license to Mi Vida Homes Limited to operate as a Real Estate Investment Trusts (REITs) Manager in a bid to deepen and develop the capital markets.

1 min read
Rent prices in Nairobi areas fall amid economic strain
Bizna KenyaReal Estate

Rent prices in Nairobi areas fall amid economic strain

A report by HassConsult released on Tuesday, July 30, indicates that the price of rentals and house sales has dropped in Nairobi’s suburbs. The worst hit concerning rent are Upper Hill and Muthaiga, and HassConsult attributes this to…

1 min read
How to avoid being conned when buying land in 2024
Bizna KenyaReal Estate

How to avoid being conned when buying land in 2024

It’s no secret that many people get conned when purchasing property or land in Kenya. Statistics show that 8 out of 10 Kenyans fall victim to such scams, despite it seeming like an easy process. In reality, buying land requires extensive…

3 min read
Reasons why buying land in Kikuyu town is a bargain
Bizna KenyaReal Estate

Reasons why buying land in Kikuyu town is a bargain

Kikuyu town is steeped in history and is often considered the cradle of Kenya’s education system. It’s known for producing some of the nation’s brightest minds who have played big roles in steering the country forward. Given its proximity…

3 min read
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
All you need to know before you buy a house on mortgage in Kenya
Bizna KenyaReal Estate

All you need to know before you buy a house on mortgage in Kenya

All you need to know before you buy a house on mortgage in Kenya: Buying your home or investment property can be very exciting, particularly if it is your first one. But it is a different affair when you buy it through a mortgage in Kenya.…

8 min read