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Low End Housing: High Risk, High Return
Rank: Elder Joined: 6/23/2009 Posts: 14,213 Location: nairobi
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jamplu wrote:Unless mavoko changes their regulations in all zones within syokimau and allows you to do more than 4 units its just impossible to do anything less than 7M. KCAA will also be on you if you go beyond 3rd floor in some areas of syokimau. Affordable housing will actually only work towards Kangundo, Isinya, Loitokitok etc
KQ ABP 4.26
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Rank: Member Joined: 11/15/2010 Posts: 455 Location: Nairobi
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obiero wrote:jamplu wrote:Unless mavoko changes their regulations in all zones within syokimau and allows you to do more than 4 units its just impossible to do anything less than 7M. KCAA will also be on you if you go beyond 3rd floor in some areas of syokimau. Affordable housing will actually only work towards Kangundo, Isinya, Loitokitok etc You can't write Kangundo and Loitokitok in same statement. it is 286 KM from Nairobi City. ....He who began a good work in you will carry it on to completion..
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Rank: Elder Joined: 6/23/2009 Posts: 14,213 Location: nairobi
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tinker wrote:obiero wrote:jamplu wrote:Unless mavoko changes their regulations in all zones within syokimau and allows you to do more than 4 units its just impossible to do anything less than 7M. KCAA will also be on you if you go beyond 3rd floor in some areas of syokimau. Affordable housing will actually only work towards Kangundo, Isinya, Loitokitok etc You can't write Kangundo and Loitokitok in same statement. it is 286 KM from Nairobi City. Hata huko kuna watu wanaishi bana
KQ ABP 4.26
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Rank: Elder Joined: 3/2/2009 Posts: 26,331 Location: Masada
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nairobby wrote:MugundaMan wrote:hardwood wrote:Selling a 25sqm single room at 3m is the biggest con ever since it translates to 120,000 Bob per sqm while cost of construction is 25k per m2. Ksh 3m can build you a 3bdrm house elsewhere. Also I thought all county approvals are for minimum 1bdr units, (like visionary kabogo recommended) lest we end up with high rise slums.  You are crushing nairobby-wukan's dreams boss! Karibu homes Mutongoni road Athi River ni kengine. Those "homes" are 3m but if you stretch your arms you can literally touch opposite walls at once. This is why DC is the future. Wide open spaces and huge homes for a fraction of the cost per sqm and half of Nairobi is already there so amenities are fast catching up! Those Kitengela homes going for 8/9m are fetching 35k rent. That's very poor. Looking at it from a rental play perspective these studios are a much better investment and have ready demand for them. What do they mean by 45 years sublease? Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Rank: Elder Joined: 6/23/2009 Posts: 14,213 Location: nairobi
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Impunity wrote:nairobby wrote:MugundaMan wrote:hardwood wrote:Selling a 25sqm single room at 3m is the biggest con ever since it translates to 120,000 Bob per sqm while cost of construction is 25k per m2. Ksh 3m can build you a 3bdrm house elsewhere. Also I thought all county approvals are for minimum 1bdr units, (like visionary kabogo recommended) lest we end up with high rise slums. You are crushing nairobby-wukan's dreams boss! Karibu homes Mutongoni road Athi River ni kengine. Those "homes" are 3m but if you stretch your arms you can literally touch opposite walls at once. This is why DC is the future. Wide open spaces and huge homes for a fraction of the cost per sqm and half of Nairobi is already there so amenities are fast catching up! Those Kitengela homes going for 8/9m are fetching 35k rent. That's very poor. Looking at it from a rental play perspective these studios are a much better investment and have ready demand for them. What do they mean by 45 years sublease? Could it be that they are leasing from a lessor
KQ ABP 4.26
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Rank: Elder Joined: 3/2/2009 Posts: 26,331 Location: Masada
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obiero wrote:Impunity wrote:nairobby wrote:MugundaMan wrote:hardwood wrote:Selling a 25sqm single room at 3m is the biggest con ever since it translates to 120,000 Bob per sqm while cost of construction is 25k per m2. Ksh 3m can build you a 3bdrm house elsewhere. Also I thought all county approvals are for minimum 1bdr units, (like visionary kabogo recommended) lest we end up with high rise slums. You are crushing nairobby-wukan's dreams boss! Karibu homes Mutongoni road Athi River ni kengine. Those "homes" are 3m but if you stretch your arms you can literally touch opposite walls at once. This is why DC is the future. Wide open spaces and huge homes for a fraction of the cost per sqm and half of Nairobi is already there so amenities are fast catching up! Those Kitengela homes going for 8/9m are fetching 35k rent. That's very poor. Looking at it from a rental play perspective these studios are a much better investment and have ready demand for them. What do they mean by 45 years sublease? Could it be that they are leasing from a lessor After 45 years what happens to my kids? Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Rank: Elder Joined: 7/28/2015 Posts: 9,562 Location: Rodi Kopany, Homa Bay
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Impunity wrote:obiero wrote:Impunity wrote:nairobby wrote:MugundaMan wrote:hardwood wrote:Selling a 25sqm single room at 3m is the biggest con ever since it translates to 120,000 Bob per sqm while cost of construction is 25k per m2. Ksh 3m can build you a 3bdrm house elsewhere. Also I thought all county approvals are for minimum 1bdr units, (like visionary kabogo recommended) lest we end up with high rise slums. You are crushing nairobby-wukan's dreams boss! Karibu homes Mutongoni road Athi River ni kengine. Those "homes" are 3m but if you stretch your arms you can literally touch opposite walls at once. This is why DC is the future. Wide open spaces and huge homes for a fraction of the cost per sqm and half of Nairobi is already there so amenities are fast catching up! Those Kitengela homes going for 8/9m are fetching 35k rent. That's very poor. Looking at it from a rental play perspective these studios are a much better investment and have ready demand for them. What do they mean by 45 years sublease? Could it be that they are leasing from a lessor After 45 years what happens to my kids? Your kids will be kicked out after the sublease ends and the flat sold to someone else.
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Rank: Elder Joined: 6/23/2009 Posts: 14,213 Location: nairobi
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hardwood wrote:Impunity wrote:obiero wrote:Impunity wrote:nairobby wrote:MugundaMan wrote:hardwood wrote:Selling a 25sqm single room at 3m is the biggest con ever since it translates to 120,000 Bob per sqm while cost of construction is 25k per m2. Ksh 3m can build you a 3bdrm house elsewhere. Also I thought all county approvals are for minimum 1bdr units, (like visionary kabogo recommended) lest we end up with high rise slums. You are crushing nairobby-wukan's dreams boss! Karibu homes Mutongoni road Athi River ni kengine. Those "homes" are 3m but if you stretch your arms you can literally touch opposite walls at once. This is why DC is the future. Wide open spaces and huge homes for a fraction of the cost per sqm and half of Nairobi is already there so amenities are fast catching up! Those Kitengela homes going for 8/9m are fetching 35k rent. That's very poor. Looking at it from a rental play perspective these studios are a much better investment and have ready demand for them. What do they mean by 45 years sublease? Could it be that they are leasing from a lessor After 45 years what happens to my kids? Your kids will be kicked out after the sublease ends and the flat sold to someone else. But in law, the current occupant will be given first priority to place a bid
KQ ABP 4.26
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Rank: Elder Joined: 6/23/2009 Posts: 14,213 Location: nairobi
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hardwood wrote:Impunity wrote:obiero wrote:Impunity wrote:nairobby wrote:MugundaMan wrote:hardwood wrote:Selling a 25sqm single room at 3m is the biggest con ever since it translates to 120,000 Bob per sqm while cost of construction is 25k per m2. Ksh 3m can build you a 3bdrm house elsewhere. Also I thought all county approvals are for minimum 1bdr units, (like visionary kabogo recommended) lest we end up with high rise slums. You are crushing nairobby-wukan's dreams boss! Karibu homes Mutongoni road Athi River ni kengine. Those "homes" are 3m but if you stretch your arms you can literally touch opposite walls at once. This is why DC is the future. Wide open spaces and huge homes for a fraction of the cost per sqm and half of Nairobi is already there so amenities are fast catching up! Those Kitengela homes going for 8/9m are fetching 35k rent. That's very poor. Looking at it from a rental play perspective these studios are a much better investment and have ready demand for them. What do they mean by 45 years sublease? Could it be that they are leasing from a lessor After 45 years what happens to my kids? Your kids will be kicked out after the sublease ends and the flat sold to someone else. But in law, the current occupant will be given first priority to place a bid
KQ ABP 4.26
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Rank: Elder Joined: 6/23/2009 Posts: 14,213 Location: nairobi
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