Ni kubaya. I am looking at the website property24. They don't delete the old advert so you look at at page one and see that there are 100 properties available. If you sort the properties by price say low to high you will soon discover that some properties are listed about 5 times with reducing prices. The same Lavington apartments that were on sale 1 year ago at 12M are now 8.5M!!!! The pitch used to be buy now so you don't miss the ride up when prices go up. Now it looks like it is better to just hold cash and rent.
This is the problem of depending on South Sudanese robber generals to gauge the market. There are only so many of them and once each of them has bought his 100 million mansion and two 15 million apartments for his girlfriends thats it!! He will not continue buying apartments and back home he will buy more guns to make sure he is not overthrown by another robber Colonel. So the supply of these moneyed Sudanese is limited.
In Kenya the only people with money are the sons of Kiereinis, Kareithis, Mathenges, Kenyattas, Mois, Kuleis etc who are the ones building the apartments in the first place, they are not buyers.
An 8.5 Million shilling mortgage at 13% is 100K a month for 20 years!!!
People with money will just sit tight and buy these in cash when the price is right for them to make returns on rent.