given the location, 2 bedroom houses are likely to retail at ksh12m. hizi ni za wenyewe, not average people

This a real deal! I understand the big shots from mt Kenya (njenga karume et al) are behind it. Bidco's CEO is also in (as chairman, I think). City will be built on 2,500 acres of land and will have at least 60,000 people living and working there, with another 20,000 walking/driving and out daily!

Renaissance Capital, the Moscow-based investment bank....cement company?....i hope local one, since though most investors like the road contractors are importing to cut cost..

Dreams are made of stuff like this.....the scale and grandeur not to mention the resources with an appetite for kenyan country risk are simply improbable in my opinion. It's good for headlines though.

Some agro-economists argue that Kenya produces too much of its superior quality coffee, thus flooding the world market and depressing prices. They say that Kenya needs to reduce the output in order to increase the TOTAL EARNINGS from the crop...

that project is too big to be true bordering on fantasy...maybe a tenth...plans are just plans...just like malili 'technopolis' expect land prices to shoot up in the environs.

vinii, you its useful for u bcoz its actually 20km to the said city from kangudo rd/Eastern by-pass junction...(no round abouts an traffic jam) meaning its closer than NCBD....which is about 25km from the same spot..not forgeting at least 3 round abouts and traffic jamm....

If they pull this thing off correctly I'm getting in. I always like to live really close to my office. Hizo environs sio mbaya at all. Question is price ni ngapi? I want another huge play on the real estate market. Centum mko wapi?

Njung'e wrote:
Really huge.....but i must pity the coffee sector now.

what a pity for the whole AGRICULTURAL SECTOR.... productive land should be left for agricultural investors
there are so many open spaces within a 25km radius of nairobi... look at las vegas USA..its a city in the middle of a desert. do u think such a city could have mushroomed in a state like iowa and take over maize fields i guess this is the peak of poor land plicys in this dear country. what if other agricultural counties start create their own cities.if the coffee farmer was tired of growing cofee the govt could have bought the land at market, or even greater value and planted trees create another karura there where natural sprigs will flow and produce water for a city in kamulu area ... finaly i guess this is the final blow in the death of malili techno city

"The project is in its conception and magnitude only comparable to South Africa’s Sandton City, the leafy and exclusive high-end of market piece of real estate that was built on the outskirts of Johannesburg by the apartheid government."

are these business journalists only paid when they use meaningless jargon?