Latest real estate stories from across Kenya.
In the chilly Rironi town, in Limuru, a 25-year-old Kenyan artist has built a unique and cosy mabati mansionette that he calls home. The young man utilized a small space to bring his vision to life, for a total of Sh700,000. Wilson Ngugi…
For newcomers or people looking to start a new life in Nairobi, finding a place to settle can be daunting, especially if you have a family. According to a 2024 report by the Old Mutual Financial Services Monitor, 49% of Kenyans earn an…
The Ronald Ngala PO Building could soon have a new owner after its current proprietor, the Postal Corporation of Kenya Pension Scheme, put it up for sale. Located on Ronald Ngala Street, one of the busiest streets in Nairobi’s Central…
Owning a home is a long-term investment and the ultimate financial goal many people aspire to achieve. Becoming a homeowner can come with a lot of responsibility, but can also come with a lot of rewards. From stability and security to…
Rental Property Investment is one of the most lucrative ways to build wealth, guaranteeing financial security after retirement. With the fast-growing urban population, increased demand for housing, and rising property values, the rental…
Tales of people who have lost millions in buying non-existent land never cease to exist. Despite most times, such cases are very unfortunate, on other periods, it is due to a lack of due diligence that people get conned off their…
Tracy Mureithi, a former Kenya High School student, is making great strides in Canada, having established a successful real estate company. In an interview, Tracy revealed she moved to Canada in 2019 to pursue her degree in Business…
Have you wanted to become a landlord but cannot due to the large initial capital outlay involved in construction? There is another way to go around this problem without need for taking large mortgages and/or spending hours managing the…
Homeownership is one of the most fulfilling achievements, given the comfort and peace of mind it brings. However, the process has not been easy for many homeowners primarily due to cost. When Yassin Makolo wanted to construct a house for…
Martha Wanjiru, a Nairobi landlady has warmed the hearts of Kenyans after her generous decision to waive the rent for her tenants in January. In a viral video, Wanjiru who owns flats in Rongai, Kajiado County told her tenants to use the…
Real estate offers several compelling advantages for investors looking to diversify their portfolios and secure their financial future.
Shelter Afrique Development Bank (ShafDB) and the African Union (AU) have signed a groundbreaking Memorandum of Understanding (MoU) to collaborate on addressing Africa’s critical housing and urban development challenges.
On 30th July 2024, real estate firm HassConsult released a report on land prices for the second quarter of 2024. The report noted a 1.8% increase in land prices in Nairobi due to a rise in demand for commercial development land. This…
The real estate industry in Kenya is evolving rapidly, with new trends emerging almost every day due to changing times, varying tastes and preferences, innovations, and economic dynamics. In the midst of all these developments, Kenya’s…
Understanding the land transfer process in Kenya will streamline the procedure and provide peace of mind.
I met James* at a training we facilitated last week. James took a mortgage of Sh10 million five years ago to buy his home. James expected that after five years of making consistent monthly payments of approximately Sh140,000 without…
To many people working on small projects, a foreman is the be-all and end-all. So they use him the “project manager” since they believe he has the requisite knowledge in construction matters. He serves as the developer’s contact person,…
The government recently announced the launch and sale of Affordable Housing Units nationwide following the completion of 4,888 units. In a notice, on November 21, the State Department for Housing and Urban Development said the units are in…
Future Construkt Investment Managers Ltd, a subsidiary of Construkt Africa LLC (Mauritius), a strategy advisory and asset management firm, has been officially granted the Real Estate Investment Trust (REIT) Manager License by the Capital…
Residential property developer, Rocksand Homes, has launched Phase 2 Plains View estate in Kitengela, targeting the young middle-class population and older home owners with a unit going for Ksh5.5 million.
AMCCO Properties has announced the launch of Emerald View Estate, an exceptional new project designed for individuals and families seeking affordable and ready-to-settle plots in a prime location. Nestled in the serene neighbourhood of…
Two years after Khaligraph Jones announced he was building his castle-like mansion in Nairobi, the rapper recently caused a buzz on social media by sharing photos and videos of the finished home. Papa Jones, also known as the OG, had…
To ensure that your hard-earned money doesn’t go to waste, it’s essential to approach buying land in Kenya with caution and diligence.
Land investment is day by day becoming one of the most lucrative investments with landowners especially in Nairobi’s satellite towns seeing significant returns on their investments. According to Hass Land Price Index report for the first…
