Rank: New-farer Joined: 9/4/2012 Posts: 16
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Whaddyu guys think about this deal from Jamii Bora Makao?
Standard 3 bedroom bungalow goes for 1.6m and a four bedroom maisonette goes for 5.5M
Problem is, its 60km from Nairobi. Good deal ama rip off?
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Rank: Member Joined: 4/18/2011 Posts: 459
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The Bungalow for 1.6m may be a case of a deal too good.
As for the maisonette compare with other available options of about the same amount or slightly different.
If they were the only ones available I doubt if you would go wrong with such an investment and particularly in a place like Kisaju.
Consider all factors though.
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Rank: Member Joined: 5/2/2010 Posts: 305
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20km to the upcoming Konza city.. a major plus.
“Once the last tree is cut and the last river poisoned,you will find you cannot eat your money" Traditional saying.
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Rank: Member Joined: 7/2/2009 Posts: 12
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I thot it was a pretty good investment until I went there and my thots changed. I think you should invest there when u have extra cash and not a loan that you are expecting to service with expected rent.
Most of the people living there, live in their own houses, the place is quite far from the main road, so I don't see anyone renting a house there. I would give it another 4yrs for that to happen.
If your buying for property appreciation I would say buy because it will definately appreciate. I would go for the 1. something houses or the shops going for about 300k - 600k if I were u. The 5M houses I wouldn't think about them...
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Rank: New-farer Joined: 9/4/2012 Posts: 16
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Stine wrote:I thot it was a pretty good investment until I went there and my thots changed. I think you should invest there when u have extra cash and not a loan that you are expecting to service with expected rent.
Most of the people living there, live in their own houses, the place is quite far from the main road, so I don't see anyone renting a house there. I would give it another 4yrs for that to happen.
If your buying for property appreciation I would say buy because it will definately appreciate. I would go for the 1. something houses or the shops going for about 300k - 600k if I were u. The 5M houses I wouldn't think about them...
Thanks for the insight.I was thinking the same,60km is quite far from the city
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Rank: Member Joined: 6/10/2006 Posts: 201 Location: Nairobi
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I have a plot purely for speculation. No intention of living there.
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Rank: Member Joined: 7/6/2010 Posts: 242
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Has anyone purchased Kisaju View Park to give us reviews? The developers , Urbanis Africa in J/V with a landowner want to put up another estate next to it called Kisaju Plains .
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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josimar wrote:Has anyone purchased Kisaju View Park to give us reviews? The developers , Urbanis Africa in J/V with a landowner want to put up another estate next to it called Kisaju Plains .
...why would you buy a house in the middle of nowhere??if you havent been to kisaju try and take a road trip there ndio utajua...that place should be gvn another 15yrz its just too far... possunt quia posse videntur
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Rank: Veteran Joined: 3/27/2009 Posts: 1,437
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maka wrote:josimar wrote:Has anyone purchased Kisaju View Park to give us reviews? The developers , Urbanis Africa in J/V with a landowner want to put up another estate next to it called Kisaju Plains .
...why would you buy a house in the middle of nowhere??if you havent been to kisaju try and take a road trip there ndio utajua...that place should be gvn another 15yrz its just too far...
There was a time a Mzee offered me a free plot at Kitengela if I bought two near Yukos. I declined. I still regret to date. They were going at Ksh 14,500.00. The unfortunate bit is that I could afford the same with sacrifices here and there. Don't know the exact price today but you would understand if I told you I do not wanna know! Never underestimate land potential. Please remember that Githurai was once considered too remote and you would be out of your mind to purchase a plot around Ruiru.
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Rank: Elder Joined: 12/2/2009 Posts: 2,458 Location: Nairobi
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Iganamagana wrote:maka wrote:josimar wrote:Has anyone purchased Kisaju View Park to give us reviews? The developers , Urbanis Africa in J/V with a landowner want to put up another estate next to it called Kisaju Plains .
...why would you buy a house in the middle of nowhere??if you havent been to kisaju try and take a road trip there ndio utajua...that place should be gvn another 15yrz its just too far...
There was a time a Mzee offered me a free plot at Kitengela if I bought two near Yukos. I declined. I still regret to date. They were going at Ksh 14,500.00. The unfortunate bit is that I could afford the same with sacrifices here and there. Don't know the exact price today but you would understand if I told you I do not wanna know! Never underestimate land potential. Please remember that Githurai was once considered too remote and you would be out of your mind to purchase a plot around Ruiru.
@1000hundreds WORD!!!
Maka.. i rem my old guy being given a flyer of land at zimmerman going for 20K mid 90's... he never looked at it twice..
They are both around (mzee and Zimmer), 15 years later.. one with regrets
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