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Waiting to exhale on this Nairobi City!!!!
dunkang
#121 Posted : Wednesday, May 08, 2013 9:24:16 PM
Rank: Elder


Joined: 6/2/2011
Posts: 4,818
Location: -1.2107, 36.8831
symbols
#122 Posted : Wednesday, May 08, 2013 9:40:37 PM
Rank: Elder


Joined: 3/19/2013
Posts: 2,552
Penny-Stocker
#123 Posted : Wednesday, May 08, 2013 9:47:40 PM
Rank: Member


Joined: 10/31/2010
Posts: 154
Nairobi is overpriced.....it's just amazing how a guy or a girl knows that s/he can get a lot more for his/her money elsewhere in the country yet still they still insist ati Nai! Just my 10 cents.
“None but ourselves can free our minds.”
- Bob Marley
Vj
#124 Posted : Wednesday, May 08, 2013 9:51:42 PM
Rank: New-farer


Joined: 9/6/2010
Posts: 97
Location: nairobi, kenya


Marketing is an art. No one is going to give you freebies, those freebies are still bought by you. More often than not they are used to entice customers and lure them away from a shortcoming in the project, such as an inadequacy in the location or justification of higher prices compared to neighboring projects.

And it is true that competition in the lower end of the market is getting tougher, but it has the highest market share. Reduction in CBR combined with the confidence gain due to peaceful elections will easily sustain the market.

FYI...after our Retired Prime Minister accepted the verdict of the Supreme Court, prices in all my projects went up by 15% and I have sold more units in April than any other month of this year.
Before you can be be old and wise, you must first be young and stupid.
symbols
#125 Posted : Wednesday, May 08, 2013 9:59:30 PM
Rank: Elder


Joined: 3/19/2013
Posts: 2,552
Penny-Stocker wrote:
Nairobi is overpriced.....it's just amazing how a guy or a girl knows that s/he can get a lot more for his/her money elsewhere in the country yet still they still insist ati Nai! Just my 10 cents.


Considering the majority of Kenyans are youth and are mostly unemployed or too young,we still haven't seen anything in real estate.
ChumsQuest
#126 Posted : Thursday, May 09, 2013 7:21:03 AM
Rank: Member


Joined: 1/24/2013
Posts: 325
digitek1 wrote:
the problem with young people is that you want instant coffee.
nobody started out in those neighbourhoods unless they inherited. youve got to move up the ladder
you can take the 20 % mortgage but you dont have to wait for 20 yrs to pay. take a cheaper house pay off faster sell it use that as a deposit for a more expensive home and walla you are in karen smile

Applause Applause Applause Applause
murchr
#127 Posted : Thursday, May 09, 2013 7:43:38 AM
Rank: Elder


Joined: 2/26/2012
Posts: 15,980
PPl are still waiting?
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
Ericsson
#128 Posted : Thursday, May 09, 2013 10:25:12 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,677
Location: NAIROBI
@ChumsQuest and digitek1;I support your view.
Buying a house takes preparation time of between 2 to 5 years which the problem with young people is that they do not have the patience.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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