@real cindano..
I am in Eastern Europe where the economies are comparable to Kenya..if not even worse than Kenya..Yet apartments are cheaper here!!! Let me give you a real case of some apartments being built close to where i live..they are going for 760 Euros per m2..and the sizes vary from 33 to 125m2..at an exch rate of 100 Kshs per Euro that is Kshs2.5m for 1 bedroom to Kshs 9.5m for the 3 bedroom!!
You should see the finishing!!!
Laminate floor for sitting room and bedrooms, tiles for the rest of the house, central heating, PVC windows, Security (Steel) Doors, Granite (or is it marble??) covered stairscases, lift for 7pax, underground parking,
By the way, the 760 Euros per m2 is for ground, 1st, 2nd and i think 3rd floor..from 4th floor it gets cheaper..
So why are our apartments so expensive!!