Currently it's a renter's market both in Nairobi and Mombasa the investors got greedy and outpriced everyone the Somali piracy money, the corruption money dried up or moved into hotels, if you are looking to buid to sell you better have money to finance your building and not bank loan, it will take you years to move all your units, also for renting you need to check which market you are targeting, 3 bed and upvis a hard sell, single rooms, bedsitters, and one bedrooms are hit cake, 2 bedroom is at the middle but once you move to the 2 bed you need to provide parking, either way to break even you need to be able to finance upwards of 70% of the building costs and remember people stopped buying off plan
To Each His Own