harrydre wrote:I Wonder how Kite would look like had all those middle class fellows not moved in.
Nairobi mindru crass has literally transformed Kite from a dusty backwater to Kenya's fastest developing 'burb imho. Every time I go to Kite it surprises me even more. But it makes sense. If someone is an educated youngster earning maybe 200k a month and does not come from a background of wealth, there aren't too many options to own property in the big city. Westlands a plot is going for 400m, Muthaiga and Upperhill don't even ask. Umo, Kayole etc are crime infested no go zones (but very good for investing in without planning to live there).
Kitengela still has plots going for as "little" as 800k per 1/8th further from town or 1.5m per eighth within one or two km radius of the town centre. So 'tis a no brainer all the middle class "renters" from Westlands, Lavi, South C, etc
who are smart and want to stop making their landlords rich will all troop to Kite to secure their piece of greater Nairobi to build their dream home on.
When they arrive they bring their "uptown" mannerisms, tastes and high requirements there and local businesses are forced to shape up or ship out. Already those rural looking buildings that are eye sores in the CBD are experiencing high vacancies. Soon they will just need to be torn down. The recently built more posh ones are doing roaring business attracting all sorts of corporate tenants. That's the mindru crass effect. I predict Kite will be no different from Westlands in 5 to ten years to come and plot prices will be going for 30 - 50m an 1/8th and up minimum by then. Moral of the story; invest in Kite yesterday.