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2brm apartment on Ngong road @ 4.9m
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jaggernaut
#1 Posted : Thursday, May 09, 2013 12:24:28 PM
Rank: Elder

Joined: 10/9/2008
Posts: 5,389
Suraya are selling a 2brm apartment on Ngong at 4.95m. The size is 42m sq. Is this a good deal? What's the probable rent for such a unit?

RINK
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For Sport
#2 Posted : Thursday, May 09, 2013 12:57:28 PM
Rank: Veteran

Joined: 12/23/2010
Posts: 1,229
Kshs. 117,857 per square foot.
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propertyzote
#3 Posted : Thursday, May 09, 2013 3:12:22 PM
Rank: Member

Joined: 8/25/2010
Posts: 283
Location: Nairobi
Depends from what side you are looking at it. For a business person who is looking for returns on rent may consider it..But for a home owner..this is not a good deal. You may as well settle for.. a 3 bedroom house for sale in Matasia Ngong. The house is serviced with water and electricity and it is 500 meters from the main road. The house it’s in an area which is developing and it has a small garden area. The plot has a title deed and the size is 50*100.The price of the house is 4.9M. http://www.propertyzote....airobi+Matasia-2762.html
www.propertyzote.com the ultimate ‘one stop online shop’ of choice connecting more people with more properties at the click of a button
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For Sport
#4 Posted : Thursday, May 09, 2013 3:44:04 PM
Rank: Veteran

Joined: 12/23/2010
Posts: 1,229
propertyzote wrote:
Depends from what side you are looking at it. For a business person who is looking for returns on rent may consider it..But for a home owner..this is not a good deal. You may as well settle for.. a 3 bedroom house for sale in Matasia Ngong. The house is serviced with water and electricity and it is 500 meters from the main road. The house it’s in an area which is developing and it has a small garden area. The plot has a title deed and the size is 50*100.The price of the house is 4.9M. http://www.propertyzote....irobi+Matasia-2762.html

The initial question was how much rent are these units likely to attract?
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  | | Edit by user: Thursday, May 09, 2013 3:45 PM | Reason: Not specified
kourage
#5 Posted : Thursday, May 09, 2013 4:13:07 PM
Rank: Member

Joined: 6/6/2007
Posts: 25
2BR and 42sqm? That's a lodging not a house to stay. Too tiny.
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dunkang
#6 Posted : Thursday, May 09, 2013 4:26:35 PM
Rank: Elder

Joined: 6/2/2011
Posts: 4,824
Location: -1.2107, 36.8831
For Sport wrote:
Kshs. 117,857 per square foot.

Will you mind explain your calculation.

My calculation shows KES10,000 per square foot.
Receive with simplicity everything that happens to you.” ― Rashi

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jaggernaut
#7 Posted : Thursday, May 09, 2013 4:35:58 PM
Rank: Elder

Joined: 10/9/2008
Posts: 5,389
dunkang wrote:
For Sport wrote:
Kshs. 117,857 per square foot.

Will you mind explain your calculation.

My calculation shows KES10,000 per square foot.


He/she must have meant 117,857 per sq mt.
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maka
#8 Posted : Thursday, May 09, 2013 10:43:51 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
eish this is small....
possunt quia posse videntur
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For Sport
#9 Posted : Friday, May 10, 2013 8:28:34 AM
Rank: Veteran

Joined: 12/23/2010
Posts: 1,229
jaggernaut wrote:
dunkang wrote:
For Sport wrote:
Kshs. 117,857 per square foot.

Will you mind explain your calculation.

My calculation shows KES10,000 per square foot.


He/she must have meant 117,857 per sq mt.

Thanks @jaggernaut.
they're microscopic but looks like they're sold out
(check their website)
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Pesa Nane
#10 Posted : Friday, May 10, 2013 10:15:28 AM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
For Sport wrote:

Thanks @jaggernaut.
they're microscopic but looks like they're sold out
(check their website)

That's the Diaspora Effect. Considerations being .. 2Bedroom....Ngong' Road...Ksh. 4.9M PAP
Pesa Nane plans to be shilingi when he grows up.
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