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Marty
#1 Posted : Monday, April 16, 2012 4:05:45 PM
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Location: Nairobi
Some bungalows off the Eastern by-pass just past the meat joints. The houses are done very well especially finishes. Anyone else who has seen them?
When I admire the wonder of a sunset or the beauty
of the moon, my soul expands in worship of the Creator.
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nostoppingthis
#2 Posted : Monday, April 16, 2012 4:54:57 PM
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Marty wrote:
Some bungalows off the Eastern by-pass just past the meat joints. The houses are done very well especially finishes. Anyone else who has seen them?


Seen them...cost?
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Horton
#3 Posted : Monday, April 16, 2012 5:05:05 PM
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madhaquer
#4 Posted : Monday, April 16, 2012 5:10:53 PM
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I went to see them about a month back, the 6 already done are probably sold out by now since only 1 was remaining then. I thought they quoted something higher than 7.1m
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eco
#5 Posted : Monday, April 16, 2012 5:23:03 PM
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Marty wrote:
Some bungalows off the Eastern by-pass just past the meat joints. The houses are done very well especially finishes. Anyone else who has seen them?


What is the size of the land?
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Marty
#6 Posted : Tuesday, April 17, 2012 7:26:50 AM
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eco wrote:
Marty wrote:
Some bungalows off the Eastern by-pass just past the meat joints. The houses are done very well especially finishes. Anyone else who has seen them?


What is the size of the land?


The size of the land is 1/8th of an acre or thereabout each with a separate title. I can confirm the price to be 7.15M (or so I was told) but the guy on the ground said something to the effect that phase 2 will be 7.5M.
When I admire the wonder of a sunset or the beauty
of the moon, my soul expands in worship of the Creator.
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Jamani
#7 Posted : Tuesday, April 17, 2012 7:38:47 AM
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At a personal level I dont like the design of the houses...... they could have done better at that price
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Marty
#8 Posted : Tuesday, April 17, 2012 8:00:52 AM
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Jamani wrote:
At a personal level I dont like the design of the houses...... they could have done better at that price


What I really liked was the interior finishes and the roof, maybe the design could be better.
When I admire the wonder of a sunset or the beauty
of the moon, my soul expands in worship of the Creator.
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maina20
#9 Posted : Tuesday, April 17, 2012 8:21:57 AM
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Marty wrote:
Jamani wrote:
At a personal level I dont like the design of the houses...... they could have done better at that price


What I really liked was the interior finishes and the roof, maybe the design could be better.

I agree, the quality is perfect, and the size of the plot is 1/8 acre, with a freehold title deed. I cant wait for phase 2!
..desire to succeed is always fighting with fear of failure..
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Jamani
#10 Posted : Tuesday, April 17, 2012 8:27:36 AM
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Aesthetics.....
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madhaquer
#11 Posted : Tuesday, April 17, 2012 11:43:32 AM
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Phase II will definitely be at a much higher price. The price for an eighth in that area is around 2m so the value of the building is around 5m, that's seems high for me but then again it's a gated community which seems important for some buyers.
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Marty
#12 Posted : Tuesday, April 17, 2012 12:27:36 PM
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madhaquer wrote:
Phase II will definitely be at a much higher price. The price for an eighth in that area is around 2m so the value of the building is around 5m, that's seems high for me but then again it's a gated community which seems important for some buyers.


In my own estimate, I think the BQ cost could be around 4M so if u added the price of the land at 2M, the developer maybe making 1M per unit, just wild figures from me.
When I admire the wonder of a sunset or the beauty
of the moon, my soul expands in worship of the Creator.
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Jamani
#13 Posted : Tuesday, April 17, 2012 1:44:27 PM
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Bwana Wazua admin
I suggest that you add above another tab for property and land separate it from shares/bonds/TBs....
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CaptainGG
#14 Posted : Monday, April 23, 2012 2:41:50 PM
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Joined: 10/13/2011
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Location: Kenya
I visited he site after seeing this thread. The interior finish is very good compared to other houses I have seen elsewhere. The price is quite fair considering the proximity to Eastern Bypass and Thika road. I was informed two houses are available for sale out of the six in phase I.
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kamundu
#15 Posted : Monday, April 23, 2012 7:28:03 PM
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Still think it's overpriced. Without counting Cost of land, you can do the same for youself at 2.5M max
Peace in our Homeland.
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Marty
#16 Posted : Tuesday, April 24, 2012 7:21:36 AM
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kamundu wrote:
Still think it's overpriced. Without counting Cost of land, you can do the same for youself at 2.5M max


2.5 would be a tad too low for the cost of those units. I passed by there together with a valuer and his professional opinion is that the cost should be around 4M. If u add the value of the land at 2M, I still think 7.15 is a fair deal.
When I admire the wonder of a sunset or the beauty
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madhaquer
#17 Posted : Tuesday, April 24, 2012 6:09:21 PM
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2.5m max for what ?
I would love to see a boq for that! for someone who has built a hse I can easily tell you have not factored in even the finishing that this guys have done or even the current construction costs
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