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Low End Housing: High Risk, High Return
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obiero
#171 Posted : Thursday, August 24, 2017 6:57:02 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,464
Location: nairobi
Helios in action http://www.constructionk...t-hostels-nairobi-kenya/
COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
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obiero
#172 Posted : Saturday, September 09, 2017 9:56:57 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,464
Location: nairobi
















COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
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Flo-ology
#173 Posted : Sunday, September 10, 2017 8:55:09 AM
Rank: Member

Joined: 12/17/2016
Posts: 225
obiero wrote:










Hongera Bwana Obiero. Inspired
Reflection Eternal
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obiero
#174 Posted : Sunday, September 10, 2017 10:50:57 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,464
Location: nairobi
Flo-ology wrote:

Hongera Bwana Obiero. Inspired

@flo-ology.. inspired too. will share the learning points over time to first time real estate entrants in the wazua republic. cheers
COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
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Jon_Gray
#175 Posted : Sunday, September 10, 2017 5:31:23 PM
Rank: New-farer

Joined: 8/16/2017
Posts: 20
obiero wrote:
Flo-ology wrote:

Hongera Bwana Obiero. Inspired

@flo-ology.. inspired too. will share the learning points over time to first time real estate entrants in the wazua republic. cheers


Nice work. Are you using matofali for internal walls?
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obiero
#176 Posted : Sunday, September 10, 2017 6:38:22 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,464
Location: nairobi
Jon_Gray wrote:
obiero wrote:
Flo-ology wrote:

Hongera Bwana Obiero. Inspired

@flo-ology.. inspired too. will share the learning points over time to first time real estate entrants in the wazua republic. cheers


Nice work. Are you using matofali for internal walls?

Cheers. Yes. All non-load bearing walls are brick
COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
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Surething
#177 Posted : Wednesday, September 13, 2017 10:01:55 PM
Rank: New-farer

Joined: 7/12/2016
Posts: 39
Location: Nairobi
Inspiring progress..I took the plunge after years of dreaming & planning on 20th May, 2017. Building a two storey apartment block composed of six 3 bedroomed units.. Taken a well deserved break (went broke) after walling & partitioning the ground floor.

I distinctly remember the palpitations I suffered thanks to cost overruns caused by challenging ground conditions. There I was peering into the extensive foundation trenches wondering what had I gotten myself into.... However it is so worth it. Determined to finish this project.... The hardest part was starting.
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Fullykenyan
#178 Posted : Thursday, September 14, 2017 10:04:51 PM
Rank: Member

Joined: 7/27/2014
Posts: 560
Location: Eastlando
Surething wrote:
Inspiring progress..I took the plunge after years of dreaming & planning on 20th May, 2017. Building a two storey apartment block composed of six 3 bedroomed units.. Taken a well deserved break (went broke) after walling & partitioning the ground floor.

I distinctly remember the palpitations I suffered thanks to cost overruns caused by challenging ground conditions. There I was peering into the extensive foundation trenches wondering what had I gotten myself into.... However it is so worth it. Determined to finish this project.... The hardest part was starting.



Nice. Congraulation. Do you have pictures?
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Chaka
#179 Posted : Friday, September 15, 2017 7:00:41 PM
Rank: Elder

Joined: 2/16/2007
Posts: 2,114
Your plan was to sell or rent?

Surething wrote:
Inspiring progress..I took the plunge after years of dreaming & planning on 20th May, 2017. Building a two storey apartment block composed of six 3 bedroomed units.. Taken a well deserved break (went broke) after walling & partitioning the ground floor.

I distinctly remember the palpitations I suffered thanks to cost overruns caused by challenging ground conditions. There I was peering into the extensive foundation trenches wondering what had I gotten myself into.... However it is so worth it. Determined to finish this project.... The hardest part was starting.

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Jon_Gray
#180 Posted : Sunday, October 01, 2017 5:49:30 PM
Rank: New-farer

Joined: 8/16/2017
Posts: 20


I have a couple of questions on low cost/affordable housing.
This is not entirely low cost housing but what is the profit a developer is expecting from a project like this in Milimani Kitegela? Assuming the plot is 1M and the build is 4.5M the profit should be 2.0M (offered for sale at 6.5M). Is this what people are clearing?
And at this price range, how long are developers waiting to clear the houses?
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  | | Edit by user: Sunday, October 01, 2017 6:13 PM | Reason: Not specified
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