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land values in gigiri and kileleshwa??
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banker01
#1 Posted : Thursday, May 24, 2012 10:58:50 AM
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Anyone with a general idea on average land values in the above suburbs?
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a4architect.com
#2 Posted : Thursday, May 24, 2012 12:24:14 PM
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Location: nairobi
70 to 140m per acre depending on sewer availability ,NCC user/zone category, location e.t.c
As Iron Sharpens Iron, So one Man Sharpens Another.
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kyt
#3 Posted : Thursday, May 24, 2012 3:06:42 PM
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a4architect.com wrote:
70 to 140m per acre depending on sewer availability ,NCC user/zone category, location e.t.c

with this kind of money i can buy the whole of nyanza province pun intended Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly
LOVE WHAT YOU DO, DO WHAT YOU LOVE.
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a4architect.com
#4 Posted : Thursday, May 24, 2012 3:48:21 PM
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@kyt..thats why buildings are done high rise. The same acre houses 100 houses bringing the cost of land to kes 700k per each
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kyt
#5 Posted : Thursday, May 24, 2012 4:00:36 PM
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@architect, gigiri has has highrise bldgs?
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a4architect.com
#6 Posted : Thursday, May 24, 2012 4:13:12 PM
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@kyt..kileleshwa has..gigiri land is much cheaper per acre
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kyt
#7 Posted : Thursday, May 24, 2012 4:45:33 PM
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@architect by what percentage? and is the return of the land achievable.
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a4architect.com
#8 Posted : Thursday, May 24, 2012 4:59:30 PM
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Location: nairobi
gigiri land is about 40 to 50m per acre. Return is achievable. If a 70m acre land with 100 houses brings land value to 700k, the houses are sold for 10 m each..see the margins? ..huge..
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Thiong'o
#9 Posted : Thursday, May 31, 2012 10:04:44 AM
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Joined: 10/14/2011
Posts: 661
kyt wrote:
a4architect.com wrote:
70 to 140m per acre depending on sewer availability ,NCC user/zone category, location e.t.c

with this kind of money i can buy the whole of nyanza province pun intended Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly

Comparatively, it’s then cheaper to buy a house in the US of A.
http://finance.yahoo.com...ties-to-buy-a-home.html
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