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Real Estatate Gurus, Is this True ?
young
#1 Posted : Sunday, October 17, 2010 1:43:28 AM
Rank: Elder


Joined: 6/20/2007
Posts: 2,037
Location: Lagos, Nigeria
On the same location with same finishing :-

(1) It costs MORE to build two 3 bedroom semi detached bungalows than a single 3 bedroom duplex house.

(2) The returns (rental income or outright sales)
is HIGHER ina a 3 bedroom duplex house than a twin 3 bedroom bungalow ?

These are my findings but I wonder if it is a universal principle.
The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
Pablo
#2 Posted : Monday, October 18, 2010 3:23:56 PM
Rank: Member


Joined: 3/17/2008
Posts: 567
Location: Nairobi
Whats the difference between the twin and duplex?
Pardon my ignorance.
misdemeanour
#3 Posted : Monday, October 18, 2010 3:26:54 PM
Rank: Member


Joined: 7/1/2010
Posts: 148
Location: nairobi
Pablo wrote:
Whats the difference between the twin and duplex?
Pardon my ignorance.


and a queen bed and king bed?d'oh!
Am paid in Kshs.
young
#4 Posted : Monday, October 18, 2010 3:43:09 PM
Rank: Elder


Joined: 6/20/2007
Posts: 2,037
Location: Lagos, Nigeria

let us assume build up area is 600 sq meters

TWIN = Two identical bungualow joined together
each occuping 300 sq meters

DUPLEX :- I assume you know the meaning. But
the duplex occupies 300 square meters


@Pabio I expect your input as you are an authority in this area.Karibu Sana.
The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
Pablo
#5 Posted : Tuesday, October 19, 2010 5:45:45 PM
Rank: Member


Joined: 3/17/2008
Posts: 567
Location: Nairobi
In my understanding a Duplex is where you have 2 houses one built on top the other (like apartments), Twin as youve said may be side by side.

In my mind the cost would largely depend on your land.
In particular;
- the cost per acre
- the soil nature (Red or Black Cotton)

If your land is very expensive am sure the Duplex would be preferred however if you land is cheaper youre better off with houses side by side.

On the other hand if you soil is black your foundation may be quite expensive hence I would reduce its size and instead build higher up.

Just my thoughts as a layman.

young
#6 Posted : Tuesday, October 19, 2010 6:51:09 PM
Rank: Elder


Joined: 6/20/2007
Posts: 2,037
Location: Lagos, Nigeria

Thanks. Let me clarify further :-

Mr P has bought 1/8 acres of red solid soli land for the purpose of developing for rental or outright sale at a later date in Nairobi upcoming suburb (lika Thika road for example).

1st Scenerio

Mr P can build a twin three bedroom bungalows on the land for 2 tenants occupation

2nd Scenerio

Mr P can build a duplex that is one on top of the other for single tenant, sitting room and kitchen on the ground floor and 3 bed rooms upstairs.

Assumptions

The build up area of one bungalow is half the build up area of the duplex. In my previous illustration I mentioned that if the build up area of the twin bungalow is 600 square meters, that of the duplex is 300 square meters
on the same plot.


CONCLUSIONS

(i) The combined rental income of two tenants in the twin bungalows is most often less than the rental income from a single tenant in the duplex.

(ii) The outright sales value of the twin bungalow sold together is often less than the sales value of the single duplex all on the same plot size.

(iii) The cost of constructing the twin bungalow is often higher than that of constructing a duplex.

QUESTION TO EXPERTS
Is this always true ?
The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
young
#7 Posted : Tuesday, October 19, 2010 6:54:55 PM
Rank: Elder


Joined: 6/20/2007
Posts: 2,037
Location: Lagos, Nigeria
Thanks. Let me clarify further :-

Mr P has bought 1/8 acres of red solid soli land for the purpose of developing for rental or outright sale at a later date in Nairobi upcoming suburb (lika Thika road for example).

1st Scenerio

Mr P can build a twin( by side by side) three bedroom bungalows on the land for 2 tenants occupation

2nd Scenerio

Mr P can build a duplex that is one on top of the other for single tenant,that is sitting room and kitchen on the ground floor and 3 bed rooms on top (upstairs).

Assumptions

The build up area of twin bungalows is half the size of build up area of the duplex. In my previous illustration I mentioned that if the build up area of the twin bungalow is 600 square meters, that of the duplex is 300 square meters
on the same plot.


CONCLUSIONS

(i) The combined rental income of two tenants in the twin bungalows is most often less than the rental income from a single tenant in the duplex.

(ii) The outright sales value of the twin bungalow sold together is often less than the sales value of the single duplex all on the same plot size.

(iii) The cost of constructing the twin bungalow is often higher than that of constructing a duplex.

QUESTION TO EXPERTS
Is this always true ?

This will help me make an informed decision now and in the future.
The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
Swanky2010
#8 Posted : Tuesday, November 16, 2010 11:57:01 AM
Rank: New-farer


Joined: 10/14/2010
Posts: 53
Location: Nairobi
Hi young, read this yesterday and it might help you get answers.

http://www.a4architect.c...isonette-types-for-sale/
Injere
#9 Posted : Thursday, November 18, 2010 12:11:33 PM
Rank: Member


Joined: 4/7/2010
Posts: 130
This link has good infor. Question is: does this logic still apply if you are talking about 2br units on a quarter of inexpensive red soil plot?

In this case, I'd imagine a duplex doesn't make sense - you'd end up with too many stair cases! If you roof the bungalows with galsheet, I doubt it'd the additional plinth area costs (roofing& foundation) on a red soil plot would be more than the cost of the suspended slab if a duplex is constructed instead.

Experts, your views?
young
#10 Posted : Thursday, November 18, 2010 2:19:32 PM
Rank: Elder


Joined: 6/20/2007
Posts: 2,037
Location: Lagos, Nigeria
Thanks a lot @Swanky2010 , I have gotten a satisfactory answer that a single 3 bed room duplex (mansionnete) is better than a twin 3 bedroom bungalow on the same land space.

That was exactly my thoughts, now that the experts have confirmed, it makes the assurance doubly sure.
The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
young
#11 Posted : Wednesday, November 24, 2010 3:33:15 PM
Rank: Elder


Joined: 6/20/2007
Posts: 2,037
Location: Lagos, Nigeria
My quantity surveyor has also confirmed also confirmed this .
The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
fantony
#12 Posted : Friday, November 26, 2010 7:07:05 PM
Rank: Member


Joined: 11/6/2006
Posts: 276
this question does not need a guru..
young
#13 Posted : Friday, December 03, 2010 9:42:16 PM
Rank: Elder


Joined: 6/20/2007
Posts: 2,037
Location: Lagos, Nigeria
Thanks. But as a new entrant in real estate, I wanted to ask to make assurance doubly sure.
The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
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