How Kenyan builders are losing millions of shillings to conmen

Hundreds of Kenyans are losing millions of shillings to a syndicate of conmen passing themselves as suppliers of building materials, mainly stones, bricks, and sand. Investigations by the Kenya Homes Guide have exposed how the con artists, through carefully planned…
Demand up for short-term furnished homes in Nairobi

Furnished apartments in Nairobi have toppled residential units and office blocks to become the most preferred investments in the same area. According to recent surveys by Cynton Investment, Kenya Bankers Association and realtor Hass Consult, apartments have emerged as great…
Headache for Kenya builders as counterfeits flood local market

A construction boom in Kenya has created a huge market for building materials, and unscrupulous businessmen are taking advantage of this demand to introduce fakes into the local market. From non-certified steel to pipes and low quality fittings, the local…
Why (sometimes) it is better to rent than buy a house

Renting vs buying debate always evokes heated argument with supporters on both sides of the buy vs rent discussion trying to outdo one another. Those in support of buying usually argue that paying rent is like throwing away cash that…
Equity Bank to unveil Kenya’s first digital mortgage application

Equity Bank has announced plans to unveil Kenya’s first digital mortgage application as it moves to digitise its asset finance procedures. This follows the success that the lender’s mobile channel Equitel has been enjoying since its inception in September last…
State scraps Nema, NCA levies to boost housing construction

In a move aimed at incentivising property developers to increase the supply of affordable housing, the government has scrapped all construction charges levied on projects by State agencies and counties. The government on Tuesday said it had scrapped the fees…
7 Tips for buying a home off-plan

Before committing yourself to buying off the plan property in Kenya, you need to remember the following rules:- 1. ) Adopt an attitude of healthy skepticism towards off the plan property marketers. 2. ) Invest in prime locations and never…
How Kenya is planning to lower house prices by up to 50pc

High cost of land in urban areas, high interest rates as well as the rising cost of construction have been cited as the main challenges facing potential home-owners in Kenya. According to the Kenya National Housing Survey 2012/13 report which…