Phase five of Greenpark Estate gets underway in Athi River

Construction is underway on the fifth phase of a multi-billion-shilling gated estate in Athi River, Machakos County. Real estate developer Superior Homes Ltd. commenced work on the project early last month after selling all the units in the first four…
Show house opens at Alexander Forbes’ Sh2.6bn Kitengela estate

The show house at Riverine Estate, Alexander Forbes’ Sh2.6 billion development in Kitengela, has been successfully completed. The carefully designed three-bedroom maisonette has been fully fitted out and forms the centrepiece of the sale that runs until the end of…
Why pension funds are betting big money on real estate

Strong returns from the Kenyan property market are increasingly luring pension funds to raise their real estate investments as they race to diversify their income streams. Rapid urbanisation and the fast expanding middle class population have seen house prices and…
Nairobi developer unveils Sh1m homes in Mlolongo, Machakos

Nairobi-based Peninsula Development Company is building a Sh400 million apartment block in Mlolongo, Machakos, as it seeks to meet the rising demand for low cost housing. The project, which comprises one and two-bedroom apartment units, is targeting first-time home buyers,…
Safaricom’s Sh3.4bn estate gets underway in Machakos

Safaricom Staff Pension Scheme (SSPS) has kicked off the construction of a Sh3.4 billion real estate development in Machakos County as it seeks to cash in on the country’s booming real estate market. The project, which is a collaboration of…
Garden City Mall finally opens its doors to public

Garden City Mall opened its doors to shoppers on Thursday, ahead of the completion of phase one of the much acclaimed Sh22.7 billion mixed-use project on Thika Road, Nairobi. The 32-acre mixed use development will comprise 50,000 sq metres of…
You only need Sh40,000 salary to buy this house

The first phase of a Sh3 billion gated estate in Athi River will be ready by December, giving you a chance to buy a house for as little as Sh1.6 million. Blue Haven, which has partnered with India’s Metropark Developers…
Wealthy Koreans to build Sh22bn Kipipiri golf resort

A group of Korean investors has embarked on the construction of a Sh22 billion golf resort in Kipipiri, Nyandarua county, in a bid to capitalise on the growing demand for luxury resorts in Kenya. Mt Kipipiri Golf Resort Ltd., under…