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Property Reality Company Limited Kenya(PRC).
Rank: Elder Joined: 1/27/2011 Posts: 1,777
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Are they genuine land dealers and does anyone know about the area their oletepesi plots are located?
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Rank: Veteran Joined: 1/4/2010 Posts: 1,668 Location: nairobi
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link? As Iron Sharpens Iron, So one Man Sharpens Another.
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Rank: Elder Joined: 1/27/2011 Posts: 1,777
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a4architect.com wrote:link? www.propertyreality.co.ke
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Rank: Member Joined: 3/23/2011 Posts: 503
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I was interested in their Cape garden project about 2 years ago. Financial strain forced me out of it. The project was on Syokimau katani road. Unfortunately, their website does not indicate if it was ever completed, which to me would be a critical pointer in their capacity. There was a thread here on Top 20 Richest kenyan under 40years and the gentleman i was dealing with was listed as one of them.. I am interested in Olduvai project though and plans to visit once i am back. Even a BrOKeN clock is right twice a day
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Rank: Elder Joined: 1/27/2011 Posts: 1,777
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Rollins wrote:I was interested in their Cape garden project about 2 years ago. Financial strain forced me out of it. The project was on Syokimau katani road. Unfortunately, their website does not indicate if it was ever completed, which to me would be a critical pointer in their capacity. There was a thread here on Top 20 Richest kenyan under 40years and the gentleman i was dealing with was listed as one of them..
I am interested in Olduvai project though and plans to visit once i am back. I am also interested in the Olduvai Project and thanks for the info. Am also interesy
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Rank: Elder Joined: 3/29/2011 Posts: 2,242
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@Josiah33 ,Oletepesi is no deal. You can get an acre at about 150k. Do the maths. The road is currently terrible and place quite hot and remote. 1/8th is not worth unless you are buying 100s of acres "Things that matter most must never be at the mercy of things that matter least." Goethe
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Rank: Veteran Joined: 2/21/2012 Posts: 1,739
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Gathige wrote:@Josiah33 ,Oletepesi is no deal. You can get an acre at about 150k. Do the maths. The road is currently terrible and place quite hot and remote.
1/8th is not worth unless you are buying 100s of acres
Correct. Got a couple of acres for 95K each, though 2-3 years ago. Do not be anxious about anything, but in everything, by prayer and petition, with thanksgiving, present your requests to God..
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Rank: Elder Joined: 1/27/2011 Posts: 1,777
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Gathige wrote:@Josiah33 ,Oletepesi is no deal. You can get an acre at about 150k. Do the maths. The road is currently terrible and place quite hot and remote.
1/8th is not worth unless you are buying 100s of acres
well! thanks alot mister.
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Rank: Member Joined: 3/12/2011 Posts: 108
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Rollins wrote:I was interested in their Cape garden project about 2 years ago. Financial strain forced me out of it. The project was on Syokimau katani road. Unfortunately, their website does not indicate if it was ever completed, which to me would be a critical pointer in their capacity. There was a thread here on Top 20 Richest kenyan under 40years and the gentleman i was dealing with was listed as one of them..
I am interested in Olduvai project though and plans to visit once i am back. I bought into Cape Garden - the plots not the houses. The transaction took a while but no complains. The houses were temporarily halted following the spike on interest rates, but not sure whether they begun construction this year.
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Rank: Member Joined: 10/19/2009 Posts: 671 Location: Nairobi
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Gathige wrote:@Josiah33 ,Oletepesi is no deal. You can get an acre at about 150k. Do the maths. The road is currently terrible and place quite hot and remote.
1/8th is not worth unless you are buying 100s of acres
Good insight. I realize, One of the reasons why folks go for plots sold by companies is to avoid the hustle of getting title changed etc etc. how better do you advice guys to get that land cheaper from real owners, considering most are employed, or are busy? Life is joy, death is peace, but the transition is very difficult.
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Rank: Member Joined: 10/19/2009 Posts: 671 Location: Nairobi
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josiah33 wrote:Rollins wrote:I was interested in their Cape garden project about 2 years ago. Financial strain forced me out of it. The project was on Syokimau katani road. Unfortunately, their website does not indicate if it was ever completed, which to me would be a critical pointer in their capacity. There was a thread here on Top 20 Richest kenyan under 40years and the gentleman i was dealing with was listed as one of them..
I am interested in Olduvai project though and plans to visit once i am back. I am also interested in the Olduvai Project and thanks for the info. Am also interesy By Saturday, one sales guy told me Olduvai Ridge is sold out. Life is joy, death is peace, but the transition is very difficult.
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Rank: Elder Joined: 3/29/2011 Posts: 2,242
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webish wrote:Gathige wrote:@Josiah33 ,Oletepesi is no deal. You can get an acre at about 150k. Do the maths. The road is currently terrible and place quite hot and remote.
1/8th is not worth unless you are buying 100s of acres
Good insight. I realize, One of the reasons why folks go for plots sold by companies is to avoid the hustle of getting title changed etc etc. how better do you advice guys to get that land cheaper from real owners, considering most are employed, or are busy? @webish, One trick is to befriend brokers. Once the brokers are your friends, negotiate a cut with them and then ask them to introduce you to the owner of the land and then negotiate directly. Brokers control the land market in Kenya and are a land buyers best friends. "Things that matter most must never be at the mercy of things that matter least." Goethe
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Rank: New-farer Joined: 10/25/2013 Posts: 12
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Good information. I just heard of the company today. Has anyone bought the Konza plots? Would you recommend?
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Rank: Veteran Joined: 2/21/2012 Posts: 1,739
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Gathige wrote:webish wrote:Gathige wrote:@Josiah33 ,Oletepesi is no deal. You can get an acre at about 150k. Do the maths. The road is currently terrible and place quite hot and remote.
1/8th is not worth unless you are buying 100s of acres
Good insight. I realize, One of the reasons why folks go for plots sold by companies is to avoid the hustle of getting title changed etc etc. how better do you advice guys to get that land cheaper from real owners, considering most are employed, or are busy? @webish, One trick is to befriend brokers. Once the brokers are your friends, negotiate a cut with them and then ask them to introduce you to the owner of the land and then negotiate directly. Brokers control the land market in Kenya and are a land buyers best friends. @Gathige. WORKS GREAT!!! Do not be anxious about anything, but in everything, by prayer and petition, with thanksgiving, present your requests to God..
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Rank: Veteran Joined: 2/21/2012 Posts: 1,739
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truth101 wrote:Good information. I just heard of the company today. Has anyone bought the Konza plots? Would you recommend? They have been around for sometime. I Find their plots prices high and not in line with the market. Do not be anxious about anything, but in everything, by prayer and petition, with thanksgiving, present your requests to God..
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Rank: Member Joined: 10/19/2009 Posts: 671 Location: Nairobi
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Am wrote:Gathige wrote:webish wrote:Gathige wrote:@Josiah33 ,Oletepesi is no deal. You can get an acre at about 150k. Do the maths. The road is currently terrible and place quite hot and remote.
1/8th is not worth unless you are buying 100s of acres
Good insight. I realize, One of the reasons why folks go for plots sold by companies is to avoid the hustle of getting title changed etc etc. how better do you advice guys to get that land cheaper from real owners, considering most are employed, or are busy? @webish, One trick is to befriend brokers. Once the brokers are your friends, negotiate a cut with them and then ask them to introduce you to the owner of the land and then negotiate directly. Brokers control the land market in Kenya and are a land buyers best friends. @Gathige. WORKS GREAT!!! @Gathige and @AM , Thanks. But do you mean the brokers uko mashinani? or the ones in Nairobi? Life is joy, death is peace, but the transition is very difficult.
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Rank: Member Joined: 5/7/2009 Posts: 155
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This reminds me of Thuo Investments http://m.wazua.co.ke/for...spx?g=posts&t=10636
Buyer beware!
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Rank: Veteran Joined: 2/21/2012 Posts: 1,739
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webish wrote:Am wrote:Gathige wrote:webish wrote:Gathige wrote:@Josiah33 ,Oletepesi is no deal. You can get an acre at about 150k. Do the maths. The road is currently terrible and place quite hot and remote.
1/8th is not worth unless you are buying 100s of acres
Good insight. I realize, One of the reasons why folks go for plots sold by companies is to avoid the hustle of getting title changed etc etc. how better do you advice guys to get that land cheaper from real owners, considering most are employed, or are busy? @webish, One trick is to befriend brokers. Once the brokers are your friends, negotiate a cut with them and then ask them to introduce you to the owner of the land and then negotiate directly. Brokers control the land market in Kenya and are a land buyers best friends. @Gathige. WORKS GREAT!!! @Gathige and @AM , Thanks. But do you mean the brokers uko mashinani? or the ones in Nairobi? Either way. A few months a go, I went with a Nairobi Plot seller to some place where the greater easter bypass will pass, near the Illuluwe golf project that seems to me dead. She was selling plots there. We were met by her broker on the ground as he was to show her some other piece on offer. The Kamba chap is a parrot, talks non stop and those are great characters if you know how to handle them and so I made sure I got his No, called him a few Saturdays ago for Nyama choma somewhere in athi river. He sees a brown bottle and became beserk. Of course the lady does not know all this. The rest is history, he calls me endlessly with with offers by old wazees that side laking pesa ndio shinda. You will get shocked at how much these guys who buy land and subdivide make. Of course you've got to be very careful but my point is, you win big by bypassing the broker. Do not be anxious about anything, but in everything, by prayer and petition, with thanksgiving, present your requests to God..
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Rank: New-farer Joined: 10/25/2013 Posts: 12
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Am wrote:truth101 wrote:Good information. I just heard of the company today. Has anyone bought the Konza plots? Would you recommend? They have been around for sometime. I Find their plots prices high and not in line with the market. Thanks for the insight...
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Rank: New-farer Joined: 10/25/2013 Posts: 12
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Am wrote:webish wrote:Am wrote:Gathige wrote:webish wrote:Gathige wrote:@Josiah33 ,Oletepesi is no deal. You can get an acre at about 150k. Do the maths. The road is currently terrible and place quite hot and remote.
1/8th is not worth unless you are buying 100s of acres
Good insight. I realize, One of the reasons why folks go for plots sold by companies is to avoid the hustle of getting title changed etc etc. how better do you advice guys to get that land cheaper from real owners, considering most are employed, or are busy? @webish, One trick is to befriend brokers. Once the brokers are your friends, negotiate a cut with them and then ask them to introduce you to the owner of the land and then negotiate directly. Brokers control the land market in Kenya and are a land buyers best friends. @Gathige. WORKS GREAT!!! @Gathige and @AM , Thanks. But do you mean the brokers uko mashinani? or the ones in Nairobi? Either way. A few months a go, I went with a Nairobi Plot seller to some place where the greater easter bypass will pass, near the Illuluwe golf project that seems to me dead. She was selling plots there. We were met by her broker on the ground as he was to show her some other piece on offer. The Kamba chap is a parrot, talks non stop and those are great characters if you know how to handle them and so I made sure I got his No, called him a few Saturdays ago for Nyama choma somewhere in athi river. He sees a brown bottle and became beserk. Of course the lady does not know all this. The rest is history, he calls me endlessly with with offers by old wazees that side laking pesa ndio shinda. You will get shocked at how much these guys who buy land and subdivide make. Of course you've got to be very careful but my point is, you win big by bypassing the broker. Very true! You win big when you go directly to the owner. But without doing your due diligence you may end up loosing much more than getting the overpriced Sacco offers. Its all risk mitigation
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