12m for a studio? With 12m i'd buy a plot at syokimau at 2m and use 8m to put up a 5bdr maisonette plus a 1 bdrm servant quarter, and the remaining 2m to buy a 2006 Toyota Rav 4!

and then the bulldozers come knocking claiming you are on some flightpath or bypass. also you may buy land only to realise it has issues .This is the hardchoice facing buyers do i buy or build .Which has more risks?

Nextgen are just being greedy

@Chaka that's the very place I was and was taken round the 2 second floor, through a studio, 1 bedroom 2 bedroom deluxe and 3 bedroom units. If that's what you call quality then, I give up after seeing and you claim thats quality then i understand you. Should even see the kitchen door to the kitchen balcony is a proper jua Kali made and from a trainee chap, the lamp holders are those that sell at 50 to 100 bob and by the way things are falling apart mirrors in most of the rooms are broken...issues with quality I wish I took pictures.
Personally I cant buy the 3 bedroom unit above 4m, nextgen failed on fittings it's a very shoddy job done, and I repeat its shoddy, please visit again with an open mind and you will see for yourself. The attendant told me some of the buyers who bought off plan have opted for their own fittings.

@Jaggernaut. You said it. This Apartment thing and craze with Kenyans is one that I will never understand. How on earth do you spend 12Million, worse still 27Million to live on the 7th Floor of an apartment on a major highway?? And call that a home? How do you bring up Kids, where do they play? I have said here before (and got a hail of Insults) and I say it again that that is a house but not a home. Why not go to Kikuyu, Kitengela, Juja, Past Ruai etc, buy a spacious piece of land cheaply, that allows enough space for Kids to play - and have spare Money to built a Proper House. My Description of a home: You Invite wazuans for Mbuzi, ladies can gossip (due respect)at a far Corner, men have Drinks and Choma at the other far end while Kids play 100 metres away in airy Compound full of trees...

If you can afford to Pay 27M by Mortgage, surely you have means of accumulating and saving 7 million cash over a few years....

27 million at an interest rate of 15% with a repayment period of 240 months(20 years) you will be coughing ksh 355,533.87 per month. na ni juu ya hewa??? Pple should use what is in beteen their 2 ears

a converstation I had with a tout;
makanga: hawa watu wa personal (personal car owners) ni wajinga sana.
nakujua: ehh (surprised by the bitterness in the tone)
makanga: unawezaje endesha gari ya elfu mia tano na unaishi kwa nyumba ya rent.
nakujua: wengine wako na nyumba zao
makanga: hakuna, hawa watu wa tugari tudogo wengi wana rent. ni ngekuwa na 500k ninge nunua "kiea" (a plot) hata ka ni huko ruai. Naweza pata na 100k, nijenge nyumba ya 200k na nibaki na mia mbili ninunue boda kadha.
hawa watu ni wajinga sana.
nakujua: tried to kill off the conversation by turning the other way to look outside - luckily some one wanted to alight so he had to slide the door open.

Pricing of mortagages in kenya ni noma coz of the high interest rates. Any mortage going for more than 6 years you tend to pay more than double