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Suraya selling apartments at 3.2m on Mbagathi rd
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jaggernaut
#1 Posted : Friday, August 31, 2012 10:25:24 AM
Rank: Elder


Joined: 10/9/2008
Posts: 5,389
Interesting development for starter homes. Was in yesterday's Daily Nation.

http://www.suraya.co.ke/.../the-lynx-mbagathi-road

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deadpoet
#2 Posted : Friday, August 31, 2012 11:19:46 AM
Rank: Member


Joined: 9/27/2006
Posts: 503
Pretty cool concept, though I worry about the space. I don't think you can have some friends over to have a party without disturbing the neighbours.

Not to hijack your thread, but there was a nextgen park someone had mentioned a while back. I wonder what the status is on that?
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accelriskconsult
#3 Posted : Friday, August 31, 2012 11:30:36 AM
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Joined: 4/2/2011
Posts: 629
Location: Nai
DeadP NextGen apts project is already underway next to EKA Hotel. The apartments start at Sh 14m
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kenyanbeef
#4 Posted : Friday, August 31, 2012 11:34:09 AM
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Joined: 7/24/2009
Posts: 273
About 100m along the bypass between Eka Hotel and Ole Sereni, are Bellevue Apartments going for Ksh.9m being sold by Villacare.
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jamplu
#5 Posted : Friday, August 31, 2012 1:13:58 PM
Rank: Veteran


Joined: 3/25/2010
Posts: 939
Location: Nai
plan similar to sucasa
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guru267
#6 Posted : Friday, August 31, 2012 8:50:16 PM
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Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
I cant wait to see this husband & wife team in 10years..

They officially rule the Nairobi real estate game..
Mark 12:29
Deuteronomy 4:16
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Pablo
#7 Posted : Saturday, September 01, 2012 1:00:38 PM
Rank: Member


Joined: 3/17/2008
Posts: 567
Location: Nairobi

I thot 2br on 60SqM was small. These ones the largest is 42SqM andd costing KES 5.1M

Thats KES 121,000 per SqM

Good business for Suraya i must say.
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mchawi
#8 Posted : Saturday, September 01, 2012 2:06:40 PM
Rank: New-farer


Joined: 4/4/2011
Posts: 94
Location: Nairobi
Pyramid scheme?

Mmmh. Just too many unfinished projects!
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guru267
#9 Posted : Saturday, September 01, 2012 4:57:11 PM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
mchawi wrote:
Pyramid scheme?

Mmmh. Just too many unfinished projects!


Dont hate! Simply congratulate!
Mark 12:29
Deuteronomy 4:16
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young
#10 Posted : Sunday, September 02, 2012 3:34:40 AM
Rank: Elder


Joined: 6/20/2007
Posts: 2,037
Location: Lagos, Nigeria
guru267 wrote:
I cant wait to see this husband & wife team in 10years..

They officially rule the Nairobi real estate game..



And you @guru praising real estate experts wondering what will be their net worth in 10 years?
You have been giving a big thumps down for real estate investors !

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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guru267
#11 Posted : Sunday, September 02, 2012 9:41:56 AM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
young wrote:
And you @guru praising real estate experts wondering what will be their net worth in 10 years?
You have been giving a big thumps down for real estate investors !



@young real estate on its own is very lucrative and gives very high returns! Especially flipping ..

I have been commenting on buying and building rental units.. The returns cannot be compared to dividend yields..

And Suraya generally doesn't do rentals!! These guys are just flipping real estate like crazy..
Mark 12:29
Deuteronomy 4:16
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Bachuma Gate
#12 Posted : Monday, September 03, 2012 9:20:25 AM
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Joined: 3/26/2012
Posts: 280
Location is not the best. Next to Montezuma and Umash morgues.
DOH
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Jamani
#13 Posted : Monday, September 03, 2012 10:04:51 AM
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Joined: 9/12/2006
Posts: 1,554
Bachuma Gate wrote:
Location is not the best. Next to Montezuma and Umash morgues.


The MT and Umash location leaves one with a somber mood. having said that I have seen next to City morgue (imagine the pong that comes out of that place once in a while) there is an estate sharing the fence on Mbagathi way and its fully occupied
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Seles83
#14 Posted : Monday, September 03, 2012 1:16:54 PM
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Joined: 11/9/2007
Posts: 288
Location: OZ
Jamani wrote:
Bachuma Gate wrote:
Location is not the best. Next to Montezuma and Umash morgues.


The MT and Umash location leaves one with a somber mood. having said that I have seen next to City morgue (imagine the pong that comes out of that place once in a while) there is an estate sharing the fence on Mbagathi way and its fully occupied



Just wondering if location would be a turn off for prospective tenants...would you reconsider renting the place?
More monies, more problems...
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ChumsQuest
#15 Posted : Thursday, January 24, 2013 2:17:52 AM
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Joined: 1/24/2013
Posts: 325
Anybody know about the Lynx apts.? They seem like a good deal to me...4.15m cash option 2 bed? By the time they are complete you turn it around for 6. Makes sense? If not rent it out to Summer Bunnies or some corporate (well semi) single dude who wants to hang at Tamasha without the tag of Hurlingham...

@Seles I don't think the Montezumas are a prob. Ppl have been on Mbagathi for a minute, haven't heard any complaints...
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