Kenyan builder bets big on low cost housing market

Property developer Kenya Projects is having a big bet at the lower end of the housing spectrum, with 100 low cost houses that are under construction in Shanzu – a suburb of Mombasa. The firm says it has already sold…
Le’mac Towers: Nairobi’s highest homes set for 2017 completion

Work on the Sh3.5 billion Dubai-styled Le’mac Towers, which is billed as Kenya’s tallest residential building, is nearing completion in the Westlands suburb of Nairobi. The 22-storey structure, which is situated just off Waiyaki way, adjacent to the Toyota showroom…
How to decorate a bedsitter

Bedsitters in Kenya are usually small with space just enough for one person but this does not mean you have to live in cramped conditions or without style. The fact that everything is basically in one room can make decorating…
KCB to build Sh1m homes for low-income earners

KCB Group is planning to build low cost homes in various parts of the country in effort to diversify its service offering while expanding its sources of income. The bank has officially unveiled a property centre – at Kencom House…
Koto to build Sh500,000 homes for Kenya youths

Affordable housing creator Koto has signed a deal with Commercial Bank of Africa (CBA) and Bamburi Cement to build houses for Kenya’s low income earners. According to the terms of the deal, Bamburi will offer architectural drawings, bills of quantities,…
Kenya’s low cost housing boom gathers steam

A low cost housing boom is gathering pace in the country as property developers and financiers begin to shift their focus to this market segment, which was previously seen as unprofitable. Following a glut in the high-end segment, investors are…