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Rank: Elder Joined: 9/23/2010 Posts: 2,220 Location: Sundowner,Amboseli
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Xymalos wrote:Flo-ology wrote:sparkly wrote:wukan wrote:Xymalos wrote:Ericsson wrote:With the slow down in real estate unless you are blind;those houses will be ghosts Please explain - why do you think those houses will be ghosts? I am considering buying one (apartment or the 1/4 acre plots), the reasoning being that its strictly controlled high end development, that will maintain high value in the longterm - looking forward like 20 years. It should be a good investments once complete with well planned shopping complex, hotels, entertainment facilities etc. Am I missing something or am I too optimistic? If you toured that area of tatu city it has the feel of Sandton City SA. Google the the pics from 1970's. Sandton eventually cannibalized and replaced the Jo berg CBD as banks, hotels and lawfirms moved. Private municipalities is where Africa cities are headed. As Kidero has shown don't depend on Nairobi county govt, by the time you clear your mortgage you will living in a slum. Next couple of decades the diplomatic green zone around 2 rivers/runda, Tatu city and Kenyatta's Northlands will form one work/play chain for the affluent. The rest will survive in a Lagos like slum-city. You ooze of wisdom @wukan. +1. He is foresighted. @wukan – thanks! I googled Sandton, SA – ultramodern city with hundreds of international stores. If Tatu city can house a fraction of such stores, then it’s a great investment to buy early within their project area. Your perspectives are quite insightful – that controlled development within city is a mirage with the leaders like Kidero and city county government. Now I see the well planned affluent developments starting from Infinity Industrial Park to Northlands City to Tatu City to Two Rivers/Runda. I think Northlands will be pricey such that Tatu city will seem like a bargain. Took a drive there yesterday. Was pleasantly surprised at how short a time it took....left CBD at 8.33am and was at the Tatu house offices at exactly 9.11am, thanks to the superhighway. 1/4 acre on kijani ridge ranging between 9-10M while 1/2 acre between 13.5-15M prices depending on the location. Security was tight and one needs to secure an appointment before going there. I understand they do this to fend off brokers and co. Got mine from Beatrice....she heads the marketing team. she can be reached her mobile number 0711887980 and then give the name of the person who shared the contact(Timothy) for courtesy sake, and hopefully for some discount  One can also get the office lines from their website and talk to anyone else. Happy Investing! @SufficientlyP
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Rank: Elder Joined: 12/7/2012 Posts: 11,908
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Sufficiently Philanga....thropic wrote:Xymalos wrote:Flo-ology wrote:sparkly wrote:wukan wrote:Xymalos wrote:Ericsson wrote:With the slow down in real estate unless you are blind;those houses will be ghosts Please explain - why do you think those houses will be ghosts? I am considering buying one (apartment or the 1/4 acre plots), the reasoning being that its strictly controlled high end development, that will maintain high value in the longterm - looking forward like 20 years. It should be a good investments once complete with well planned shopping complex, hotels, entertainment facilities etc. Am I missing something or am I too optimistic? If you toured that area of tatu city it has the feel of Sandton City SA. Google the the pics from 1970's. Sandton eventually cannibalized and replaced the Jo berg CBD as banks, hotels and lawfirms moved. Private municipalities is where Africa cities are headed. As Kidero has shown don't depend on Nairobi county govt, by the time you clear your mortgage you will living in a slum. Next couple of decades the diplomatic green zone around 2 rivers/runda, Tatu city and Kenyatta's Northlands will form one work/play chain for the affluent. The rest will survive in a Lagos like slum-city. You ooze of wisdom @wukan. +1. He is foresighted. @wukan – thanks! I googled Sandton, SA – ultramodern city with hundreds of international stores. If Tatu city can house a fraction of such stores, then it’s a great investment to buy early within their project area. Your perspectives are quite insightful – that controlled development within city is a mirage with the leaders like Kidero and city county government. Now I see the well planned affluent developments starting from Infinity Industrial Park to Northlands City to Tatu City to Two Rivers/Runda. I think Northlands will be pricey such that Tatu city will seem like a bargain. Took a drive there yesterday. Was pleasantly surprised at how short a time it took....left CBD at 8.33am and was at the Tatu house offices at exactly 9.11am, thanks to the superhighway. 1/4 acre on kijani ridge ranging between 9-10M while 1/2 acre between 13.5-15M prices depending on the location. Security was tight and one needs to secure an appointment before going there. I understand they do this to fend off brokers and co. Got mine from Beatrice....she heads the marketing team. she can be reached her mobile number 0711887980 and then give the name of the person who shared the contact(Timothy) for courtesy sake, and hopefully for some discount One can also get the office lines from their website and talk to anyone else. Happy Investing! Looks like this will be a very good investment venture for the next 5 years or so, then you start reaping. In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Veteran Joined: 8/25/2012 Posts: 1,826
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for kijani ridge how much is the monthly service charge, and when does one start paying the same.
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Rank: New-farer Joined: 2/14/2015 Posts: 97 Location: Kenya
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sitaki.kujulikana wrote:for kijani ridge how much is the monthly service charge, and when does one start paying the same. At Kijani ridge, service charge is Kshs. 12,500 monthly - a 4 months deposit is paid upfront.
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Rank: Veteran Joined: 8/25/2012 Posts: 1,826
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Xymalos wrote:sitaki.kujulikana wrote:for kijani ridge how much is the monthly service charge, and when does one start paying the same. At Kijani ridge, service charge is Kshs. 12,500 monthly - a 4 months deposit is paid upfront. thanks, how does it work, you start paying service charge immediately you buy the plot such that if you do not develop your plot you still continue paying the service charge, or is there some arrangement where the residents agree to start paying the same after some agreed period.
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Rank: New-farer Joined: 2/14/2015 Posts: 97 Location: Kenya
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sitaki.kujulikana wrote:Xymalos wrote:sitaki.kujulikana wrote:for kijani ridge how much is the monthly service charge, and when does one start paying the same. At Kijani ridge, service charge is Kshs. 12,500 monthly - a 4 months deposit is paid upfront. thanks, how does it work, you start paying service charge immediately you buy the plot such that if you do not develop your plot you still continue paying the service charge, or is there some arrangement where the residents agree to start paying the same after some agreed period. You start paying service charge when you start construction; but your construction must begin before mid 2020.
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Rank: Member Joined: 12/21/2009 Posts: 602
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How were the disputes that were documented earlier resolved?
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Rank: Veteran Joined: 11/14/2006 Posts: 1,311
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Xymalos wrote:sitaki.kujulikana wrote:Xymalos wrote:sitaki.kujulikana wrote:for kijani ridge how much is the monthly service charge, and when does one start paying the same. At Kijani ridge, service charge is Kshs. 12,500 monthly - a 4 months deposit is paid upfront. thanks, how does it work, you start paying service charge immediately you buy the plot such that if you do not develop your plot you still continue paying the service charge, or is there some arrangement where the residents agree to start paying the same after some agreed period. You start paying service charge when you start construction; but your construction must begin before mid 2020.
Your construction must be completed by July 2020. Last time I was there service charge was Ksh 20,000 per month and you were to start paying 6 months after possession of the plot (sale agreement is completed) or the day you start constructing whichever is earlier. They want people to start construction quickly and complete the same by July 2020.
Also you can't sell the land without approval of the Development committee. And if you are allowed to sell , you can't sell for more than you paid for it. Any amount higher than the price you paid will go to tatu city. However if you construct the house you can sell at the market price and make money.
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Rank: Veteran Joined: 8/25/2012 Posts: 1,826
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Liv wrote:Xymalos wrote:sitaki.kujulikana wrote:Xymalos wrote:sitaki.kujulikana wrote:for kijani ridge how much is the monthly service charge, and when does one start paying the same. At Kijani ridge, service charge is Kshs. 12,500 monthly - a 4 months deposit is paid upfront. thanks, how does it work, you start paying service charge immediately you buy the plot such that if you do not develop your plot you still continue paying the service charge, or is there some arrangement where the residents agree to start paying the same after some agreed period. You start paying service charge when you start construction; but your construction must begin before mid 2020.
Your construction must be completed by July 2020. Last time I was there service charge was Ksh 20,000 per month and you were to start paying 6 months after possession of the plot (sale agreement is completed) or the day you start constructing whichever is earlier. They want people to start construction quickly and complete the same by July 2020.
Also you can't sell the land without approval of the Development committee. And if you are allowed to sell , you can't sell for more than you paid for it. Any amount higher than the price you paid will go to tatu city. However if you construct the house you can sell at the market price and make money. Thanks for the info. They must have learnt from the other gated plots, which have remained just that, plots, also consider a good number of guys buy the plots wait for some to start developing and sell the same at higher prices. looks like an interesting residence, apart from the fact that you will be living next to an industrial park, the pollution and the trucks clogging the roads, and also the high population of people coming in and out of the industrial park.
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Rank: Veteran Joined: 11/13/2015 Posts: 1,590
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wukan wrote:Quote:The latest land price index released by real-estate firm Hass Consult yesterday showed Juja, 32.5 kilometres from Nairobi, saw prices appreciate by 45.2 per cent in the year to March, with an acre going for an average of Sh11.1 million.
Ruiru, which is on Thika Road and adjacent to the Eastern Bypass, recorded a 44 per cent increase, with an acre fetching Sh23 million.
Limuru, which is set for new road link, on the other hand recorded a 41.6 per cent increase over the period, with an acre of land fetching Sh21.3 million. Ruaka on the Northern Bypass recorded a 31.2 per cent increase with an acre going for Sh80.5 million in the period under review. http://www.businessdaily...02726-7imslu/index.html
the urban landscape continues to evolve. The following upcoming road projects spell doom to the Nairobi CBD; the western bypass, waiyaki way-Redhill link, dualling of Northern and Eastern bypass and missing link between Ring-road parklands and Thika road at Muthaiga. The next Nairobi governor better know his stuff Nairobi zone of affluence continues to evolve...At least we got an eastlando governor Quote:Prices of land in Upper Hill, on the other hand, dropped by 1.2 percent in the same period, but remains one of the most expensive addresses in the city at about Sh551.8 million per acre. The HassConsult report released last week says commercial office developers are getting increasingly attracted by new infrastructure development in the Westlands area at the expense of Upper Hill. “Westlands is going through some sort of urban regeneration, hence we have seen a lot of interest in that area especially with the new infrastructure development and entertainment services going on,” says the HassConsult report. Access to Westlands is improving with new road works, such as the ongoing development of Waiyaki Way, the Waiyaki Way-Redhill link road and Ring Road-Parklands (Waiyaki Way to Limuru Road) connection. https://www.businessdail...640-1165cbmz/index.html
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Rank: Elder Joined: 7/28/2015 Posts: 9,562 Location: Rodi Kopany, Homa Bay
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sitaki.kujulikana wrote:Liv wrote:Xymalos wrote:sitaki.kujulikana wrote:Xymalos wrote:sitaki.kujulikana wrote:for kijani ridge how much is the monthly service charge, and when does one start paying the same. At Kijani ridge, service charge is Kshs. 12,500 monthly - a 4 months deposit is paid upfront. thanks, how does it work, you start paying service charge immediately you buy the plot such that if you do not develop your plot you still continue paying the service charge, or is there some arrangement where the residents agree to start paying the same after some agreed period. You start paying service charge when you start construction; but your construction must begin before mid 2020.
Your construction must be completed by July 2020. Last time I was there service charge was Ksh 20,000 per month and you were to start paying 6 months after possession of the plot (sale agreement is completed) or the day you start constructing whichever is earlier. They want people to start construction quickly and complete the same by July 2020.
Also you can't sell the land without approval of the Development committee. And if you are allowed to sell , you can't sell for more than you paid for it. Any amount higher than the price you paid will go to tatu city. However if you construct the house you can sell at the market price and make money. Thanks for the info. They must have learnt from the other gated plots, which have remained just that, plots, also consider a good number of guys buy the plots wait for some to start developing and sell the same at higher prices. looks like an interesting residence, apart from the fact that you will be living next to an industrial park, the pollution and the trucks clogging the roads, and also the high population of people coming in and out of the industrial park. 20k service charge is too much. You struggle to build and move into your own home and someone wants at least 20k from you forever?
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Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
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Xymalos wrote:sitaki.kujulikana wrote:Xymalos wrote:sitaki.kujulikana wrote:for kijani ridge how much is the monthly service charge, and when does one start paying the same. At Kijani ridge, service charge is Kshs. 12,500 monthly - a 4 months deposit is paid upfront. thanks, how does it work, you start paying service charge immediately you buy the plot such that if you do not develop your plot you still continue paying the service charge, or is there some arrangement where the residents agree to start paying the same after some agreed period. You start paying service charge when you start construction; but your construction must begin before mid 2020. I thought price of the plot was inclusive of Kshs.1M to cover service charge for the first 5 years? If Obiero did it, Who Am I?
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Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
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hardwood wrote:sitaki.kujulikana wrote:Liv wrote:Xymalos wrote:sitaki.kujulikana wrote:Xymalos wrote:sitaki.kujulikana wrote:for kijani ridge how much is the monthly service charge, and when does one start paying the same. At Kijani ridge, service charge is Kshs. 12,500 monthly - a 4 months deposit is paid upfront. thanks, how does it work, you start paying service charge immediately you buy the plot such that if you do not develop your plot you still continue paying the service charge, or is there some arrangement where the residents agree to start paying the same after some agreed period. You start paying service charge when you start construction; but your construction must begin before mid 2020.
Your construction must be completed by July 2020. Last time I was there service charge was Ksh 20,000 per month and you were to start paying 6 months after possession of the plot (sale agreement is completed) or the day you start constructing whichever is earlier. They want people to start construction quickly and complete the same by July 2020.
Also you can't sell the land without approval of the Development committee. And if you are allowed to sell , you can't sell for more than you paid for it. Any amount higher than the price you paid will go to tatu city. However if you construct the house you can sell at the market price and make money. Thanks for the info. They must have learnt from the other gated plots, which have remained just that, plots, also consider a good number of guys buy the plots wait for some to start developing and sell the same at higher prices. looks like an interesting residence, apart from the fact that you will be living next to an industrial park, the pollution and the trucks clogging the roads, and also the high population of people coming in and out of the industrial park. 20k service charge is too much. You struggle to build and move into your own home and someone wants at least 20k from you forever? There are some apartments in Nairobi where people fork out 20K p.m service charge for an APARTMENT. Heri nikae huko eastlando ama DC where we dig and bury our garbage If Obiero did it, Who Am I?
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Rank: Elder Joined: 7/28/2015 Posts: 9,562 Location: Rodi Kopany, Homa Bay
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Swenani wrote:hardwood wrote:sitaki.kujulikana wrote:Liv wrote:Xymalos wrote:sitaki.kujulikana wrote:Xymalos wrote:sitaki.kujulikana wrote:for kijani ridge how much is the monthly service charge, and when does one start paying the same. At Kijani ridge, service charge is Kshs. 12,500 monthly - a 4 months deposit is paid upfront. thanks, how does it work, you start paying service charge immediately you buy the plot such that if you do not develop your plot you still continue paying the service charge, or is there some arrangement where the residents agree to start paying the same after some agreed period. You start paying service charge when you start construction; but your construction must begin before mid 2020.
Your construction must be completed by July 2020. Last time I was there service charge was Ksh 20,000 per month and you were to start paying 6 months after possession of the plot (sale agreement is completed) or the day you start constructing whichever is earlier. They want people to start construction quickly and complete the same by July 2020.
Also you can't sell the land without approval of the Development committee. And if you are allowed to sell , you can't sell for more than you paid for it. Any amount higher than the price you paid will go to tatu city. However if you construct the house you can sell at the market price and make money. Thanks for the info. They must have learnt from the other gated plots, which have remained just that, plots, also consider a good number of guys buy the plots wait for some to start developing and sell the same at higher prices. looks like an interesting residence, apart from the fact that you will be living next to an industrial park, the pollution and the trucks clogging the roads, and also the high population of people coming in and out of the industrial park. 20k service charge is too much. You struggle to build and move into your own home and someone wants at least 20k from you forever? There are some apartments in Nairobi where people fork out 20K p.m service charge for an APARTMENT. Heri nikae huko eastlando ama DC where we dig and bury our garbage What if someone refuses to pay and resigns from/quits the residents association?
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Rank: Elder Joined: 1/8/2018 Posts: 2,211 Location: DC (Dustbowl County)
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Swenani wrote:
Heri nikae huko eastlando ama DC where we dig and bury our garbage
This is why it is a no brainer to move to DC The economics of it are just incredible 1. Bigger plots for less money and cheaper to build 2. No crazy service charges 3. New highways, middle class amenities, train services, SGR etc etc opening up DC big time 4. Low population compared to urban slums like ngara so plenty of wide open spaces for totos to jump around in and for pools to be built. 5. All the wealthy urban middle class from Nairobi are moving there so plenty of like-minded company And so much more. As for burying garbage  You have given me a good idea..who knows ..perhaps Mugundaman Garbage Collection Services Kitengela should launch soon. 
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Rank: New-farer Joined: 1/27/2019 Posts: 55 Location: Nbo
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Swenani wrote:hardwood wrote:sitaki.kujulikana wrote:Liv wrote:Xymalos wrote:sitaki.kujulikana wrote:Xymalos wrote:sitaki.kujulikana wrote:for kijani ridge how much is the monthly service charge, and when does one start paying the same. At Kijani ridge, service charge is Kshs. 12,500 monthly - a 4 months deposit is paid upfront. thanks, how does it work, you start paying service charge immediately you buy the plot such that if you do not develop your plot you still continue paying the service charge, or is there some arrangement where the residents agree to start paying the same after some agreed period. You start paying service charge when you start construction; but your construction must begin before mid 2020.
Your construction must be completed by July 2020. Last time I was there service charge was Ksh 20,000 per month and you were to start paying 6 months after possession of the plot (sale agreement is completed) or the day you start constructing whichever is earlier. They want people to start construction quickly and complete the same by July 2020.
Also you can't sell the land without approval of the Development committee. And if you are allowed to sell , you can't sell for more than you paid for it. Any amount higher than the price you paid will go to tatu city. However if you construct the house you can sell at the market price and make money. Thanks for the info. They must have learnt from the other gated plots, which have remained just that, plots, also consider a good number of guys buy the plots wait for some to start developing and sell the same at higher prices. looks like an interesting residence, apart from the fact that you will be living next to an industrial park, the pollution and the trucks clogging the roads, and also the high population of people coming in and out of the industrial park. 20k service charge is too much. You struggle to build and move into your own home and someone wants at least 20k from you forever? There are some apartments in Nairobi where people fork out 20K p.m service charge for an APARTMENT. Heri nikae huko eastlando ama DC where we dig and bury our garbage Now I just don't understand the concept of 20k service charge pm!What of when you retire or lose income sources...how will the residents association deal with you if you cannot pay the service charge? PS.Is there commitment from TATU that the service charge will REDUCE once the various amenities are complete?
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Rank: Veteran Joined: 4/1/2009 Posts: 1,883
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hardwood wrote:Swenani wrote:hardwood wrote:sitaki.kujulikana wrote:Liv wrote:Xymalos wrote:sitaki.kujulikana wrote:Xymalos wrote:sitaki.kujulikana wrote:for kijani ridge how much is the monthly service charge, and when does one start paying the same. At Kijani ridge, service charge is Kshs. 12,500 monthly - a 4 months deposit is paid upfront. thanks, how does it work, you start paying service charge immediately you buy the plot such that if you do not develop your plot you still continue paying the service charge, or is there some arrangement where the residents agree to start paying the same after some agreed period. You start paying service charge when you start construction; but your construction must begin before mid 2020.
Your construction must be completed by July 2020. Last time I was there service charge was Ksh 20,000 per month and you were to start paying 6 months after possession of the plot (sale agreement is completed) or the day you start constructing whichever is earlier. They want people to start construction quickly and complete the same by July 2020.
Also you can't sell the land without approval of the Development committee. And if you are allowed to sell , you can't sell for more than you paid for it. Any amount higher than the price you paid will go to tatu city. However if you construct the house you can sell at the market price and make money. Thanks for the info. They must have learnt from the other gated plots, which have remained just that, plots, also consider a good number of guys buy the plots wait for some to start developing and sell the same at higher prices. looks like an interesting residence, apart from the fact that you will be living next to an industrial park, the pollution and the trucks clogging the roads, and also the high population of people coming in and out of the industrial park. 20k service charge is too much. You struggle to build and move into your own home and someone wants at least 20k from you forever? There are some apartments in Nairobi where people fork out 20K p.m service charge for an APARTMENT. Heri nikae huko eastlando ama DC where we dig and bury our garbage What if someone refuses to pay and resigns from/quits the residents association? most have provisions where it becomes a debt that they can collect by various means including selling your house
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