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Price of 1 acre - Behind Tatu City
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stocksmaster
#1 Posted : Wednesday, April 17, 2013 2:34:37 PM
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Joined: 9/26/2006
Posts: 404
Location: CENTRAL PROVINCE
Question to the land gurus:

What would be a fair price for a piece of land with the following details:

Location: Ruiru town; behind Tatu City and next to the 98 hectares CIC Insuarance Land.
Soil Type: Red Soil (currently with coffee bushes)
Size: 1 acre
Special features: With river frontage (hence the land has almost an extra 1 acre of riparian land)
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Mainat
#2 Posted : Wednesday, April 17, 2013 4:06:02 PM
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Joined: 11/21/2006
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Ksh6m
Sehemu ndio nyumba
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mawinder
#3 Posted : Wednesday, April 17, 2013 4:11:36 PM
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Joined: 4/30/2008
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Mainat wrote:
Ksh6m

Seriously?i think it is a good deal.
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cnn
#4 Posted : Wednesday, April 17, 2013 4:35:26 PM
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Joined: 6/17/2009
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stocksmaster wrote:
Question to the land gurus:

What would be a fair price for a piece of land with the following details:

Location: Ruiru town; behind Tatu City and next to the 98 hectares CIC Insuarance Land.
Soil Type: Red Soil (currently with coffee bushes)
Size: 1 acre
Special features: With river frontage (hence the land has almost an extra 1 acre of riparian land)


PSOK?
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stocksmaster
#5 Posted : Wednesday, April 17, 2013 10:41:09 PM
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Location: CENTRAL PROVINCE
cnn wrote:
stocksmaster wrote:
Question to the land gurus:

What would be a fair price for a piece of land with the following details:

Location: Ruiru town; behind Tatu City and next to the 98 hectares CIC Insuarance Land.
Soil Type: Red Soil (currently with coffee bushes)
Size: 1 acre
Special features: With river frontage (hence the land has almost an extra 1 acre of riparian land)


PSOK?


@ cnn : Yes. Going at 8M for the acre (and i don't think roads development is part of the deal)..........Overpriced?
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TPK
#6 Posted : Thursday, April 18, 2013 6:46:09 AM
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Location: Nairobi
River frontage is good but I would also worry about storm water, it might be manageable now but try to imagine how the situation might change due to developments upstream and those by Tatu and CIC.
As long as you're going to be thinking anyway, think big
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Mkimwa
#7 Posted : Wednesday, May 29, 2013 9:35:19 AM
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Joined: 10/26/2008
Posts: 380
Anyone with contacts?
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Mkimwa
#8 Posted : Tuesday, August 13, 2013 5:35:57 PM
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Joined: 10/26/2008
Posts: 380
@Stocksmaster - did you purchase?

How reliable is PSOK as an organization? Management?
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stocksmaster
#9 Posted : Tuesday, August 13, 2013 9:22:19 PM
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Location: CENTRAL PROVINCE
Mkimwa wrote:
@Stocksmaster - did you purchase?

How reliable is PSOK as an organization? Management?


I didn't buy.........So far about 25 - 30% subscription (as per report presented to the Pharmaceutical Society of Kenya (PSK) by PSOK during the annual pharmacists scientific conference 2 months ago)

PSOK is reliable......its the investment arm of the PSK.

Happy Hunting.
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Kausha
#10 Posted : Wednesday, August 14, 2013 10:47:49 AM
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Joined: 2/8/2007
Posts: 808
That is too much carry for PSOK. Is the land still agricultural? Is there a master plan and what's the progress with the change of user application? The master plan and it's workability will motivate the level of carry that should be earned by the promoter. Otherwise 8m with the promise of Tatu's existence in the neighborhood borders on a rip off. Picture this an acre in Vipingo ridge was selling at around this price early 2010.
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Rongla
#11 Posted : Wednesday, August 14, 2013 12:27:56 PM
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Joined: 10/3/2008
Posts: 101
@ STOCKMASRTER, I am interested. Can you provide me with contacts please
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stocksmaster
#12 Posted : Wednesday, August 14, 2013 1:46:15 PM
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Joined: 9/26/2006
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Location: CENTRAL PROVINCE
Rongla wrote:
@ STOCKMASRTER, I am interested. Can you provide me with contacts please


The PSOK secretariat is housed by the PSK at its Headquarters in Hurlingham.

Talk to the Operations Manager (0715748217).

Happy Hunting.
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cnn
#13 Posted : Wednesday, August 14, 2013 1:52:51 PM
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Joined: 6/17/2009
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stocksmaster wrote:
Rongla wrote:
@ STOCKMASRTER, I am interested. Can you provide me with contacts please


The PSOK secretariat is housed by the PSK at its Headquarters in Hurlingham.

Talk to the Operations Manager (0715748217).

Happy Hunting.

Or email these people...finance@financeandsytems.com
Tel..0700700700
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a4architect.com
#14 Posted : Wednesday, August 14, 2013 4:41:25 PM
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Joined: 1/4/2010
Posts: 1,668
Location: nairobi
Tatu city is 22km from Nairobi CBD.
https://maps.google.com/...t=h&mra=ls&z=12
Same as Ngong , Rongai,mlolongo,Kikuyu, Red hill, Ruai.
Land next to tarmac in these areas costs 30m. Land 0.5 to 1km from tarmac in these areas cost 7m.
As Iron Sharpens Iron, So one Man Sharpens Another.
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Litro
#15 Posted : Wednesday, August 14, 2013 5:21:21 PM
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Joined: 7/22/2009
Posts: 120
Location: KENYA
a4architect.com wrote:
Tatu city is 22km from Nairobi CBD.
https://maps.google.com/...t=h&mra=ls&z=12
Same as Ngong , Rongai,mlolongo,Kikuyu, Red hill, Ruai.
Land next to tarmac in these areas costs 30m. Land 0.5 to 1km from tarmac in these areas cost 7m.


Applause Applause Applause Good analysis A4a
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jokes
#16 Posted : Wednesday, August 14, 2013 9:15:38 PM
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6 million seriously! I will buy if anyone is selling. Give me contacts jokesold@gmail.com
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GGK
#17 Posted : Wednesday, August 14, 2013 9:51:48 PM
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Joined: 11/21/2006
Posts: 608
Location: Ruiru
sounds a good deal. I've an issue with the word "behind" Tatu City. does it mean "next" to.? and do you access it from the "city"?
"..I am because we are. "― Ubuntu, Umtu,
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wal6807
#18 Posted : Sunday, July 20, 2014 2:02:40 AM
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Joined: 5/4/2011
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Was there Jana for ground breaking all the residential plots sold out some commercial still available access roads done
"Children today are tyrants. They contradict their parents, gobble their food, and tyrannize their teachers."
•Socrates (470?-399 BC)
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Kausha
#19 Posted : Sunday, July 20, 2014 9:00:24 PM
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Bear in mind there is no tatu city and cic is most likely going to sell pieces of land.
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webish
#20 Posted : Monday, July 21, 2014 10:43:26 AM
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Posts: 671
Location: Nairobi
wal6807 wrote:
Was there Jana for ground breaking all the residential plots sold out some commercial still available access roads done

More details please? Do you mean the residential plots within the 'city'?
The most recent News article I see, is Dec, 2013..

Kausha wrote:
Bear in mind there is no tatu city and cic is most likely going to sell pieces of land.

What exactly do you mean?

Life is joy, death is peace, but the transition is very difficult.
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