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Nyayo Embakasi Houses
Rank: Member Joined: 7/24/2009 Posts: 273
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obiero wrote:Nobby wrote:Sarrouniya wrote:WHAT IS THE PROGRESS ON THIS MATTER? @NOBBY, ANY LUCK WITH WATER, ELEC, ETC?
Prepaid Electricity was connected and the water meter is also in..  @nobby. what water and power offices (location) did you use to get your connections done and is there any particular person who was specifically helpful? KPLC Electricity House and Nairobi Water Kayole Office. Over to @Nobby, for specific people?
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Rank: Elder Joined: 6/23/2009 Posts: 13,516 Location: nairobi
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kenyanbeef wrote:obiero wrote:Nobby wrote:Sarrouniya wrote:WHAT IS THE PROGRESS ON THIS MATTER? @NOBBY, ANY LUCK WITH WATER, ELEC, ETC?
Prepaid Electricity was connected and the water meter is also in.. @nobby. what water and power offices (location) did you use to get your connections done and is there any particular person who was specifically helpful? KPLC Electricity House and Nairobi Water Kayole Office. Over to @Nobby, for specific people? Thanks a bunch
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Member Joined: 4/1/2009 Posts: 846
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rryyzz wrote:Nobby wrote:Sarrouniya wrote:WHAT IS THE PROGRESS ON THIS MATTER? @NOBBY, ANY LUCK WITH WATER, ELEC, ETC?
Prepaid Electricity was connected and the water meter is also in.. By the way is was the water problem in the estate sorted? There was a serious problem sometime last year. The water problem is not sorted, my friend moved there recently and he misses the landlord already, such a shame.....
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Rank: Elder Joined: 6/23/2009 Posts: 13,516 Location: nairobi
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www.sebestates.com/m.index.php Are Nyayo Estate houses underpriced. What would explain a 3 bedroom house kilometers away in Syokimau costing higher..
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 9/12/2006 Posts: 1,554
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obiero wrote:www.sebestates.com/m.index.php Are Nyayo Estate houses underpriced. What would explain a 3 bedroom house kilometers away in Syokimau costing higher.. They are underpriced... I tend to think the issue is nssf on marketing the product and initially the method of selling locked out bank finance, add on to corruption at the early stages to acquire a house. All this could have had some effect to price
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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@Jamani;They are not underpriced.They are the right price. The others (privateers)are inflating their prices beyond reach of targeted populace. The word NSSF;one of the S words means Social which means they also look at the social aspect Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 9/12/2006 Posts: 1,554
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@ericsson appreciate your comment, mine was based on the current market prices they are underpriced..... Yaani compare the prices to other prices in the market Nyayo houses are priced low. Reading your comment again I think we are saying the same thing that Nyayo houses are priced at the right price not te market price.
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Rank: Elder Joined: 9/12/2006 Posts: 1,554
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Interesting that all the open spaces in Nyayo seem to have been sold off and private develops are on the ground doing their thing.
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Rank: Elder Joined: 10/9/2008 Posts: 5,389
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Jamani wrote:Interesting that all the open spaces in Nyayo seem to have been sold off and private develops are on the ground doing their thing. Whaaat???
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Rank: Elder Joined: 9/12/2006 Posts: 1,554
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I am told there was a demo on Saturday inside the estate and guys last week stopped one of the contractors from building in phase 3, behind some maisonettes. I am also told at gate c there is a building coming up and on way from the gate into the estate another open space a building is coming up,
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Rank: Elder Joined: 6/23/2009 Posts: 13,516 Location: nairobi
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the estate managers, Kiragu & Makende are screwing us
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 9/12/2006 Posts: 1,554
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I doubt it's the estate managers, they just manage the estate as advised...the guys who are doing it must be at NSSF in the board, the manager can't say a thing, due to the fact that they are answerable to them.
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Rank: Elder Joined: 6/23/2009 Posts: 13,516 Location: nairobi
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Jamani wrote:I doubt it's the estate managers, they just manage the estate as advised...the guys who are doing it must be at NSSF in the board, the manager can't say a thing, due to the fact that they are answerable to them. Its very sad. Whoever is doing it
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 6/2/2011 Posts: 4,818 Location: -1.2107, 36.8831
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WHAT? Its now becoming a 'slum'. Receive with simplicity everything that happens to you.” ― Rashi
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Rank: Elder Joined: 10/23/2009 Posts: 2,375
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If there is no enforcement of any kind of planning Nairobi will become one big slum. It is better to keep your mouth closed and let people think you are a fool than to open it and remove all doubt...
-Mark Twain
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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obiero wrote:the estate managers, Kiragu & Makende are screwing us Pesa Nane plans to be shilingi when he grows up.
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Rank: Veteran Joined: 3/25/2010 Posts: 939 Location: Nai
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bkismat wrote:If there is no enforcement of any kind of planning Nairobi will become one big slum. Nairobi is already one big slum...
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Rank: Elder Joined: 10/9/2008 Posts: 5,389
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Nearly all Nairobi neighbourhoods have been degraded.....from the original Umoja to Buru to Kileleshwa to kilimani to lavington and now Nyayo Embakasi. Our city planners have no vision. How will the city look like in the next 50yrs?
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Rank: Elder Joined: 6/23/2009 Posts: 13,516 Location: nairobi
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Nyayo Embakasi Apartment, Investment Opportunity I hereby call for expression of interest in the following sample structure: Investment (KES) Ownership Monthly rent (KES) 6,480,000 100% 28,000 3,240,000 50% 14,000 1,620,000 25% 7,000 810,000 13% 3,500 405,000 6% 1,750 Minimum investment is currently pegged at KES 405,000, with increments of similar amount being encouraged at regular intervals in order to build a formidable portfolio. Any increases in value of partner’s investment results in increase of rent slice per month and also any adjustment to payable rent will increase monthly income to investor. The title owner shall at all times hold more than 51% of asset value. A statement of all transactions entered into by partners will be availed on quarterly basis and/or on demand. Noting that original title will remain in name of owner i.e obiero; who has first right to buy out other partners at any time through refund of initial investment amount; other partners may also buy out each other but cannot transfer to third party without written consent of title owner. A lawyer must be engaged by the interested investor at his/her own cost to review draft terms and such an agreement will then be signed between title owner and investor. I look forward to your joining of the investment plan. Interested parties can follow and engage me on twitter @obieroben
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 6/23/2009 Posts: 13,516 Location: nairobi
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obiero wrote:Nyayo Embakasi Apartment, Investment Opportunity
I hereby call for expression of interest in the following sample structure:
Investment (KES)
Ownership
Monthly rent (KES)
6,480,000
100%
28,000
3,240,000
50%
14,000
1,620,000
25%
7,000
810,000
13%
3,500
405,000
6%
1,750
Minimum investment is currently pegged at KES 405,000, with increments of similar amount being encouraged at regular intervals in order to build a formidable portfolio. Any increases in value of partner’s investment results in increase of rent slice per month and also any adjustment to payable rent will increase monthly income to investor. The title owner shall at all times hold more than 51% of asset value.
A statement of all transactions entered into by partners will be availed on quarterly basis and/or on demand.
Noting that original title will remain in name of owner i.e obiero; who has first right to buy out other partners at any time through refund of initial investment amount; other partners may also buy out each other but cannot transfer to third party without written consent of title owner. A lawyer must be engaged by the interested investor at his/her own cost to review draft terms and such an agreement will then be signed between title owner and investor. I look forward to your joining of the investment plan. Interested parties can follow and engage me on twitter @obieroben Thanks to those who have responded thus far. Still reviewing offers. Those who do not have twitter may ask basic questions on this forum
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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