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I found a plot at Kamulu!!! is it a good deal???
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astute
#1 Posted : Saturday, June 26, 2010 9:54:46 PM
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Location: Nairobi
Hi Investors....I have come across a plot at btn Kamulu and Joska, just ~350-500m from Kangundo Road...the size is 50 by 100 at Sh180,000...the plot has a title deed....Wazurians, Is this a good deal?????Please advise!!!
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PONDI
#2 Posted : Sunday, June 27, 2010 1:21:33 AM
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do plots there have titles really? thot they have certificate.check thursday classifieds to get a rough idea of what current market rates are
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murenj
#3 Posted : Sunday, June 27, 2010 9:01:35 AM
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that is a good bargain. Going under the prevailing market rate. Old parcels of land do have titles
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astute
#4 Posted : Sunday, June 27, 2010 12:41:54 PM
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murenj wrote:
that is a good bargain. Going under the prevailing market rate. Old parcels of land do have titles



Indeed I found it a bargain, I will be searching for the title shortly.....what's the best procedure of buying the plot??? do I clear paying or I clear when the transfer is done...cos I will need the owner to appear before the land board!!!
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majimaji
#5 Posted : Monday, June 28, 2010 3:58:00 PM
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Buy.
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astute
#6 Posted : Monday, June 28, 2010 4:56:04 PM
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majimaji wrote:
Buy.



mmmmmmmm quite encouraging...will go for it!!!
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everlasting
#7 Posted : Monday, June 28, 2010 5:29:27 PM
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Location: nairobi
Where in Kamulu is that? Do you want the plot to finally settle there or to resell? My parents had some plots there for more than 15 years and one of them was sold recently at 140k. That place never seems to grow and the plots do not increase in value either as you would expect them to. Ask around before buying.
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Phaoro
#8 Posted : Monday, June 28, 2010 7:00:32 PM
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Wazuans, what is the market rate for a 40X80 plot in Roysambu?
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astute
#9 Posted : Monday, June 28, 2010 8:33:30 PM
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everlasting wrote:
Where in Kamulu is that? Do you want the plot to finally settle there or to resell? My parents had some plots there for more than 15 years and one of them was sold recently at 140k. That place never seems to grow and the plots do not increase in value either as you would expect them to. Ask around before buying.



It is btwn kamulu and Joska, a place called "roadblock"...intend to settle there in the next 5yrs or so...
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astute
#10 Posted : Monday, June 28, 2010 8:38:24 PM
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Phaoro wrote:
Wazuans, what is the market rate for a 40X80 plot in Roysambu?



It is about 1-1.5m, a plot of 50 by 75 is btwn 1.7-3m depending on the area/ proximity to the road
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Phaoro
#11 Posted : Monday, June 28, 2010 8:47:01 PM
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@ astute 1.7-3M what area in roysambu are you referring to as being on the higher side?
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astute
#12 Posted : Monday, June 28, 2010 9:29:01 PM
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Phaoro wrote:
@ astute 1.7-3M what area in roysambu are you referring to as being on the higher side?


@Phaoro actually this is the average market price for 50 by 75 &50 by 100 around that area...near the roundabout...like < 100m from the road..
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Phaoro
#13 Posted : Monday, June 28, 2010 10:17:02 PM
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Thank you astute. Anyone with a listing for this area please forward to me at Phaoro@ymail.com
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respect
#14 Posted : Tuesday, June 29, 2010 10:15:51 AM
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astute wrote:
what's the best procedure of buying the plot??? do I clear paying or I clear when the transfer is done...!!


Be careful ,be fearful.There are more devils than angels in this sector.Many have been conned.

You can also try this land by Mhasibu Sacco in Juja Kalimoni , someone had posted sometime last week and was also advertised in the Thursday 24 June 2010 Daily nation back page.Going at 190k per 50x100

They are more realiable unless the person selling to you the Kamulu plots is well known to you and has a title.
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MaichBlack
#15 Posted : Tuesday, June 29, 2010 11:53:52 AM
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astute wrote:
Phaoro wrote:
@ astute 1.7-3M what area in roysambu are you referring to as being on the higher side?


@Phaoro actually this is the average market price for 50 by 75 &50 by 100 around that area...near the roundabout...like < 100m from the road..


@Phaoro - unless I am mistaken, I have seen people selling 40 * 80 plots at Roysambu for up to 5 million - The area near the shell petrol station. Rents there are very attractive [to an investor] - especially bed sitters - Aimed mainly at Campus students [read USIU]. If you get one at 1.7M, be sure to inform me!!! We can buy and sell it the same day at 100% profit!!! - well, as soon as the documentation is in order.

@astute - Contacts of the person selling at these prices?
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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tony stark
#16 Posted : Monday, July 11, 2011 6:39:00 PM
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astute wrote:
Hi Investors....I have come across a plot at btn Kamulu and Joska, just ~350-500m from Kangundo Road...the size is 50 by 100 at Sh180,000...the plot has a title deed....Wazurians, Is this a good deal?????Please advise!!!

Did you eventually buy this plot.
What is the current value.
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maina20
#17 Posted : Tuesday, July 12, 2011 9:27:12 AM
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smile For Kamulu, thats a good deal. the area is also growing....especially due to the Bypass at Brookshine school, which goes all the way from mombasa rd-kitengela junction to Thika via mwalimu farm.
..desire to succeed is always fighting with fear of failure..
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its2013
#18 Posted : Saturday, January 05, 2013 10:00:10 PM
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Joined: 1/4/2013
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Has work on the greater eastern bypass started? I'm sure land at Joska and Kamulu will beautifully appreciate.
Pretty hurts
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newfarer
#19 Posted : Saturday, January 05, 2013 10:40:28 PM
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Joined: 3/19/2010
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Location: Uganda
MaichBlack wrote:
astute wrote:
Phaoro wrote:
@ astute 1.7-3M what area in roysambu are you referring to as being on the higher side?


@Phaoro actually this is the average market price for 50 by 75 &50 by 100 around that area...near the roundabout...like < 100m from the road..


@Phaoro - unless I am mistaken, I have seen people selling 40 * 80 plots at Roysambu for up to 5 million - The area near the shell petrol station. Rents there are very attractive [to an investor] - especially bed sitters - Aimed mainly at Campus students [read USIU]. If you get one at 1.7M, be sure to inform me!!! We can buy and sell it the same day at 100% profit!!! - well, as soon as the documentation is in order.

@astute - Contacts of the person selling at these prices?

where is this maichblack? magigi?wendz?
punda amecheka
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mawinder
#20 Posted : Saturday, January 05, 2013 11:10:41 PM
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Joined: 4/30/2008
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@newfarer,check the date of the post and the prices.
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