Uncategorized - Page 16 of 34

September 22, 2020

Ways the property market might get tough after the pandemic

As buyers are enjoying the best of property discounts and cheap prices, the future market might be ugly. This is due to a recent report suggesting that homeownership could become “out of reach” for first-time...

September 22, 2020

Tough times as Nairobi struggles to fill its offices

The demand for office spaces in Nairobi’s commercial hub fell to an eight-year low in 2019 indicating the tough economic environment in Kenya. The supply of office spaces in Nairobi has continued albeit developers scramble...

September 22, 2020

Tough task ahead in Kenya’s affordable housing drive

Owning a house is one of the dreams of every aspiring homeowner. Housing affordability is a major challenge experienced by urban households in Africa. According to the African Development Bank (2011), only three per cent...

September 22, 2020

The sh11B worth Kiambu-Mang’u-Thika road upgrade

The Kenya National Highways Authority (KeNHA) is set to undertake a multi-million road upgrade project on the Kiambu-Mang’u-Thika super highway dual carriage. Not only does the project cover the titled Kiambu–Ngewa–Kibichoi Road(22km long) but also...

September 22, 2020

The sh11bn Samara Estate at Migaa in Kiambu set to commence

Under the affordable housing scheme by the government of Kenya, a Chinese firm is all set to begin development in Kiambu County. The Samara estate will support about 2000 units which will be going for...

September 22, 2020

The reason behind Thika road footbridge delay

The highway authority has finally come forward to address the issue behind the delay on additional footbridges on Thika Road. The COVID-19 pandemic has been named as the core reason for the slowdown of the...

September 22, 2020

The most profitable areas to own land in Nairobi

One of the effects of the corona pandemic on Nairobi is the continued flattening of land prices in both the suburbs and satellite towns. In a report by Hass consult, there has been a decline...

September 22, 2020

The Government to negotiate rent cuts for state offices

The government of Kenya plans to negotiate a fresh cost of leasing property. Real estate in the country is one of the fastest-growing business investments. The Kenyan real estate market has grown exponentially for the...

September 22, 2020

Split of matrimonial property after divorce

Love is a beautiful thing before the divorce,“For this reason, a man shall leave his father and mother and be joined to his wife, and the two shall become one flesh. So they are no...

September 22, 2020

Auctioneer struggling to sell seized property

The year 2020 will be remembered for its horrors around the world. Real estate has not been spared. If anything, it’s one of the industries that has greatly suffered due to the coronavirus pandemic. In...