wazua Thu, May 8, 2025
Welcome Guest Search | Active Topics | Log In | Register

5 Pages«<2345>
Kona Baridi -Ngong Hills
mibbz
#61 Posted : Thursday, January 31, 2013 9:50:50 PM
Rank: Member


Joined: 2/18/2011
Posts: 448
maka wrote:
@mibbz analyse Narok


Narok-right place wrong town; its the only decent town for miles with Nairobi and naivasha being 2 hours away and bomet 1.5hours away.i think the Narok county council is one disorganized lot; there is very poor planning of the town as evidenced by the disorganized buildings,very bad roads outside the town as you head to most residential areas and the common flooding of most of the town whenever it rains due to its low lying location.residents are trapped and have no option but to use the town

The town itself is ok and its one of the few rural towns i have seen having a booming cab business and the older the cab the less the business you get meaning most of them are new-plates premios,allions,runx etc They road network poor

On the plus side with tourism comes money to spend although i feel they haven't effectively utilized this. Restaurants within the town are luck lusture and only two-three are worth eating at. I feel like there are no alternatives within the town for the wealthy farmers and tourists seeking entertainment. Farming is big in Narok and the county has very many wealthy farmers as a result meaning increased purchasing power.

Another advantage of the town is Narok constituent college that shall be elevated in the near future into a fully fledged university thus opening up demand for real estate

Rental yields are good due to lack of good accomodation in the town,a comfortable two bedroom in a nice estate going for 15k with demand exceeding supply.add the incoming devolution and you have a greater demand and low supply of quality housing

Only issue i have is with Narok County Council being one of the richest in the country with such poor service provision to the people of Narok,i fear the county government might fall into the same 'eating' trap at least for the 1st two years before they wake up.

County and town with potential but only if they can get their act together,plan and maximize as they have it all.Am betting the nearby counties might overtake them should they not get it right this time round
mibbz
#62 Posted : Friday, February 01, 2013 9:23:37 AM
Rank: Member


Joined: 2/18/2011
Posts: 448
nostoppingthis wrote:
@Mibbz, I'm still waiting on your email for the potential areas.

Will the greater southern bypass come through Saikeri?


am sorry but cannot e-mail as i don't have a document detailing the town by town details,all this is based on my experience and interactions during travel but perhaps i should come up with something more organized and comprehensive.Sorry for the inconvenience
ChumsQuest
#63 Posted : Saturday, February 02, 2013 7:18:54 AM
Rank: Member


Joined: 1/24/2013
Posts: 325
mibbz wrote:
ChumsQuest wrote:
mibbz wrote:
Lolest! wrote:
@mibbz, I like your analysesApplause Applause but I think you are overestimating the effect of devolution on real estate.

I do not see a lot of reverse migration to the counties happening. Infact, you have to be very long term to count on this.



@Laughing out loudly! i have had the rare opportunity of travelling to 41 of the 47 since promulgation of the new constitution and all i have seen is hope and potential. I actually work in mashinani....it won't be a reverse migration as such but more of opening up of opportunities in these regions that shall create a demand for quality services and housing resulting in a boom

picture this: Turkana county is to get 8.5 Billion per year under devolution.with a responsible county govt what could follow the money is: good motorable roads(whether tarmac or murram), staff seconded to county govt even if they are just 100,imagine need for at least 50 houses,a pub,quality healthcare thus more doctors nurses and services, need for water thus water drilling companies and their staff, unexploited fishing in lake turkana thus a fish processing plant,trucks to transport this and goes back to good roads...possiility of increased area under irrigation after investment just as delamare has done thus increased food security and surplus being sold meaning cereal traders coming to fetch grain,rice etc...

All am saying is real estate in nairobi and environs might stunt a bit as a result of decreased investment by developers and such due to greater demand and returns in other areas...world bank released a report indicating this and i believe it shall come

What about Embu? Anyone with info?



Visited Embu a couple of times and interacted with locals. Its a wonderful town and quite big but i think what ails this town is its being overshadowed by meru; Meru has consistently been growing at a faster rate courtesy of the miraa,Kemu uni,KMTC and that meru university college; and now a uni is being built in Chuka which shall result in further alienation of Embu as the larger meru region grows....Another issue is No universities in Embu,and i don't mean the Government training institute,KMTC or a small branch of a larger university

Most towns exhibiting a rapid growth have major universities coming up coupled with devolution.

I see Embu as a misplaced town fighting for space and relevance between Meru and the rice producing Mwea not to mention the up coming town of Chuka


Thanks @Mibbz, good info here. I think it's one of those you get a kaacre or two and forget about it just for speculation and then go HAM on Meru and the likes. Someone was telling me an acre is going for 160k so am going to find out more info on this.
Lolest!
#64 Posted : Saturday, February 02, 2013 9:41:24 AM
Rank: Elder


Joined: 3/18/2011
Posts: 12,069
Location: Kianjokoma
Embu overshadowed by Meru. How now? These towns are far apart.
Laughing out loudly smile Applause d'oh! Sad Drool Liar Shame on you Pray
mibbz
#65 Posted : Saturday, February 02, 2013 12:21:19 PM
Rank: Member


Joined: 2/18/2011
Posts: 448
Lolest! wrote:
Embu overshadowed by Meru. How now? These towns are far apart.


i shall give you an example of Eldoret and its surrounding towns of kapsabet,Iten and Kabarnet which have continued to fade as Eldoret grows.

Thing is why invest in a not so progressive Embu while the more vibrant Meru and up-coming Chuka and perhaps Mwea are a better option with better returns? Embu needs to wake up!
ChumsQuest
#66 Posted : Saturday, February 02, 2013 6:41:21 PM
Rank: Member


Joined: 1/24/2013
Posts: 325
mibbz wrote:
Lolest! wrote:
Embu overshadowed by Meru. How now? These towns are far apart.


i shall give you an example of Eldoret and its surrounding towns of kapsabet,Iten and Kabarnet which have continued to fade as Eldoret grows.

Thing is why invest in a not so progressive Embu while the more vibrant Meru and up-coming Chuka and perhaps Mwea are a better option with better returns? Embu needs to wake up!

@mibbz @Lolest, Nyahururu? Heard of Runda or is it Muthaiga of Nyahururu?
mibbz
#67 Posted : Saturday, February 02, 2013 8:23:49 PM
Rank: Member


Joined: 2/18/2011
Posts: 448
Muthaiga is in many towns like nanyuki,Nyeri even Nyahururu, reason Nyahe is booming is because its the getway to maralal and that part of the upper rift valley.businesses doing well in that town especially hardwares and restaurants although supermarkets could do a bit more.the Laikipia university college has a campus somewhere near the town but i dont think its as big and it could improve

there is a big hotel with flats at the back that most professionals stay and rent is approx 10k for a 2 bed room but they are many thus owner doing well in terms of economies of scale as its almost fully let out

I still believe there is a lot of potential untapped in the hospitality industry because of the large ranches in the region with wealthy farmers as well as tourists visiting samburu or thompsons falls or aberdares and tafaria castle could do with more competition.

Industries i would go into:
transport-to maralal although high maintenance costs eg transport wheat after harvest in samburu

hospitality-huge market no product diversity

farming
ChumsQuest
#68 Posted : Saturday, February 02, 2013 8:38:47 PM
Rank: Member


Joined: 1/24/2013
Posts: 325
mibbz wrote:
Muthaiga is in many towns like nanyuki,Nyeri even Nyahururu, reason Nyahe is booming is because its the getway to maralal and that part of the upper rift valley.businesses doing well in that town included hardwares especially and restaurants although supermarkets could do a bit more.the Laikipia university college has a campus somewhere near the town but i dont think its as big and it could improve

there is a big hotel with flats at the back that most professionals stay and rent is approx 10k for a 2 bed room but they are many thus owner doing well in terms of economies of scale as its almost fully let out

I still believe there is a lot of potential untapped in the hospitality industry because of the large ranches in the region with wealthy farmers as well as tourists visiting samburu or thompsons falls or aberdares and tafaria castle could do with more competition.

Industries i would go into:
transport-to maralal although high maintenance costs eg transport wheat after harvest in samburu

hospitality-huge market no product diversity

farming

@mibbz Thank you, I value your insight. Question is, is it worth holding land in Nyahururu, Muthaiga or build hostels for college kids?
Chaka
#69 Posted : Saturday, February 02, 2013 9:00:25 PM
Rank: Elder


Joined: 2/16/2007
Posts: 2,114
@mibbz,
When you say you have interacted with the locals..how do you go about it?Do you say enter a bar and buy total strangers a drink in exchange for info..?
mibbz
#70 Posted : Sunday, February 03, 2013 4:48:30 AM
Rank: Member


Joined: 2/18/2011
Posts: 448
ChumsQuest wrote:
mibbz wrote:
Muthaiga is in many towns like nanyuki,Nyeri even Nyahururu, reason Nyahe is booming is because its the getway to maralal and that part of the upper rift valley.businesses doing well in that town included hardwares especially and restaurants although supermarkets could do a bit more.the Laikipia university college has a campus somewhere near the town but i dont think its as big and it could improve

there is a big hotel with flats at the back that most professionals stay and rent is approx 10k for a 2 bed room but they are many thus owner doing well in terms of economies of scale as its almost fully let out

I still believe there is a lot of potential untapped in the hospitality industry because of the large ranches in the region with wealthy farmers as well as tourists visiting samburu or thompsons falls or aberdares and tafaria castle could do with more competition.

Industries i would go into:
transport-to maralal although high maintenance costs eg transport wheat after harvest in samburu

hospitality-huge market no product diversity

farming

@mibbz Thank you, I value your insight. Question is, is it worth holding land in Nyahururu, Muthaiga or build hostels for college kids?


Those are two business models

1.Hostel-Build and run,need a caretaker plus a groundsman and security.usual student issues of parties,breakages etc so need to find a good price point to make a profit esp considering whether its trimester or just two semesters a year

2.Muthaiga aka green leafy suburb.build a decent house and rent it out with minimal supervision and agreed payment terms also including a contract. With the oncoming devolution you can hope for decent housing thus a good rental yield esp from the senior county administrators

In summary chose a business model that suits you although with all honesty there are few towns that can match and even beat the rental yields in nairobi.......Nanyuki is an example of that.so chose and invest wisely


mibbz
#71 Posted : Sunday, February 03, 2013 4:51:15 AM
Rank: Member


Joined: 2/18/2011
Posts: 448
Chaka wrote:
@mibbz,
When you say you have interacted with the locals..how do you go about it?Do you say enter a bar and buy total strangers a drink in exchange for info..?


A good reporter doesn't reveal his sources but i interact with locals in a unique way resulting in picking up of info here and there
propertyzote
#72 Posted : Sunday, February 03, 2013 11:28:10 AM
Rank: Member


Joined: 8/25/2010
Posts: 283
Location: Nairobi
a4architect.com wrote:
asante sana @propertyzote. I have a client looking for 1000 acres to buy in the Kangundo road, Juja area. Any leads?

@a4architect.com I have 1400acres off Kangundo rd..Kilimambogo.. Let me know if it interests you. sales(at)propertyzote(dot)com
www.propertyzote.com the ultimate ‘one stop online shop’ of choice connecting more people with more properties at the click of a button
nduatizy
#73 Posted : Sunday, February 03, 2013 8:10:45 PM
Rank: New-farer


Joined: 6/27/2011
Posts: 17
Location: mombasa
Waoh. You guyz r informed. Am in Mbsa and as u know tunakujaga hapa akili zinaingia holiday mood. Am fixated with Meru. But being new with properties,I know this site will continue shedding more light on the potential of different towns. More info on Meru properties land,plots n business please.
mjuaji wa stocks
#74 Posted : Monday, February 04, 2013 5:06:56 PM
Rank: Member


Joined: 1/16/2010
Posts: 672
Location: nairobi
tumia mimi please mjuajiwastocks@gmail.com
God gave me the power to make wealth ... Blessed the work of my hands & enabled be A SELF MADE BILLIONAIRE ...... TO GOD THE FATHER OF MY LORD JESUS CHRIST; BE THE GLORY NOW & FOREVER MORE!

wanyee
#75 Posted : Monday, February 04, 2013 9:14:51 PM
Rank: Member


Joined: 7/17/2011
Posts: 627
Location: Mbui-Nzau, Kikumbulyu
This thread has taken a diversionary path..going back to Kona Bardi what are the prospects of the area becoming another "Karen" complete with KCs' and their hermit ways?
mibbz
#76 Posted : Monday, February 04, 2013 9:36:40 PM
Rank: Member


Joined: 2/18/2011
Posts: 448
@wanyee reason we start threads is to share info to a targeted audience,it so happensthe same people interested in Kona Baridi are the same who have interests elsewhere. look at the thread on construction that discussed all sorts of issues or check out investors lounge or kenol kobil thread that has discussions on almost all the 50 or so counters

Anyway hope people watched KTN talking about Kakamega and how the university has made that place grow with the downside of high cost of living as i have always said.have a university and its all boom from there....
josiah33
#77 Posted : Monday, February 04, 2013 9:40:57 PM
Rank: Elder


Joined: 1/27/2011
Posts: 1,777
Is Champagne Ridge corner baridi?
ChumsQuest
#78 Posted : Tuesday, February 05, 2013 6:02:31 AM
Rank: Member


Joined: 1/24/2013
Posts: 325
Anybody gone to view this land in Kona Baridi? What say you? Property zote have the real deal ama we are chasing bats here? What surrounds the property? Maneighbors?
propertyzote
#79 Posted : Tuesday, February 05, 2013 6:39:56 AM
Rank: Member


Joined: 8/25/2010
Posts: 283
Location: Nairobi
@ChumaQuest Thanks for your question. I have been there several times since July 2012....I was even there on Saturday. From Kona Baridi right at the foot of Ngong hills..The all weather (Kipeto Rd) you will find significant settlement in this area..several Bungalows and maisonettes some still under construction. Greenhouse farming is evident here, but as you get to ilmasi center where there is a school and some form of center. To the right of the road facing the valley(beautiful look by the way!) are the farms owned by the Muzungu. On the left you will see dotted mabati houses with blue wooden doors and windows owned by the Masai, which i have come to learn that its the best form of house for them. Further in about 6Km now from the tarmac is Leakey's farm 1000plus acres still on the right of the road. Most of the land is still bare and not cultivated mostly used for grazing. I have the photos which I could share with you more so I go there this weekend.
www.propertyzote.com the ultimate ‘one stop online shop’ of choice connecting more people with more properties at the click of a button
Chaka
#80 Posted : Tuesday, February 05, 2013 9:58:45 AM
Rank: Elder


Joined: 2/16/2007
Posts: 2,114
@propertyzote,
Whats the distance from Kona baridi to Kipeto centre?I believe this road also goes to Kajiado town?What is the distance to Kajiado and is this the road that rally cars in the recent KCB rally used to Kajiado?
Users browsing this topic
Guest (3)
5 Pages«<2345>
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Copyright © 2025 Wazua.co.ke. All Rights Reserved.