alpha2 wrote:Construction Cost of a Flat
For those who have been looking for the cost of constructing a block of flats, you have your answer now!!There is a story in the Daily Nation about the police flats that had to be demolished at Central Police Station..Each of the block had 16 two-bedroom self contained houses and total cost (they were ready for occupation) was 16million..Of course u have to factor in the kick backs that were most likely paid, but u have a figure to work with..
The units on each flat were 8. so that brings the cost per flat to about Ksh2M. I don't know about the size in sqm but they looked standard.
Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.