obiero wrote:Swenani wrote:Gordon Gekko wrote:If flats are doing 35k (which I don't believe), what are maisonettes doing?
flats going for 20-30.
In phase 1&2 some flats are going for 22-25k
tuwache porojo please.. I have lived in the estate for over 10 years and I attend court meetings so I speak with authority. Its possible that one or two units could be going for 25K but the market rate in general is now 32-35K. Masionette imefika forty
If you read the nation daily of march 10 2014, pages 32 to 34 it would give you an idea why some houses are going for a lower rate. Nssf put up a notice for repossession of houses due to unsettled arrears, tenants who know how it is done shifted from those houses and people looking for houses are avoiding those with arrears, thats one of the reason we have a hike to 32-35 and stagnation at 22-25.
The other reason fora hike is somalis and sudanese people moving into the estate in large numbers.