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Morgage For Nyayo Embakasi Flats
Rank: Member Joined: 2/8/2007 Posts: 625 Location: Nairobi
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How do you go about getting a morgage for the nyayo embakaso flats? Any ideas? The future belongs to those who believe in the beauty of their dreams.
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Rank: Elder Joined: 5/27/2008 Posts: 3,760
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Why do you want a mortgage with an invariably variable interest rate when you can get a tenant purchase scheme loan from NSSF fixed at 15% for the entire term?
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Rank: Member Joined: 10/19/2009 Posts: 671 Location: Nairobi
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Gordon Gekko wrote:Why do you want a mortgage with an invariably variable interest rate when you can get a tenant purchase scheme loan from NSSF fixed at 15% for the entire term? Btw, @GG , any current project by NSSF?
Life is joy, death is peace, but the transition is very difficult.
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Rank: Member Joined: 1/1/2010 Posts: 517 Location: kandara, Murang'a
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Gordon Gekko wrote:Why do you want a mortgage with an invariably variable interest rate when you can get a tenant purchase scheme loan from NSSF fixed at 15% for the entire term? How do I go about the Nssf one? Foresight..
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Rank: Elder Joined: 8/4/2008 Posts: 2,849 Location: Rupi
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webish wrote:Gordon Gekko wrote:Why do you want a mortgage with an invariably variable interest rate when you can get a tenant purchase scheme loan from NSSF fixed at 15% for the entire term? Btw, @GG , any current project by NSSF? About 2 weeks ago they sent out a tender for construction of apartments in Milimani area. I don't think there have a running project now but I stand to be co llected. Lord, thank you!
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Rank: Elder Joined: 6/27/2008 Posts: 4,114
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gatoho wrote:Gordon Gekko wrote:Why do you want a mortgage with an invariably variable interest rate when you can get a tenant purchase scheme loan from NSSF fixed at 15% for the entire term? How do I go about the Nssf one? You are not serious about buying the flat, are you? If you were, you'd have simply gone to the TPS office at NSSF and found out. If you are too busy to go, then you are not serious enough about buying! Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
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Rank: Elder Joined: 6/23/2009 Posts: 13,619 Location: nairobi
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mukiha wrote:gatoho wrote:Gordon Gekko wrote:Why do you want a mortgage with an invariably variable interest rate when you can get a tenant purchase scheme loan from NSSF fixed at 15% for the entire term? How do I go about the Nssf one? You are not serious about buying the flat, are you? If you were, you'd have simply gone to the TPS office at NSSF and found out. If you are too busy to go, then you are not serious enough about buying! Hehe. Mukiha im sure watoto wako wanakuogopa. Ukali nayo..
COOP 255,000 ABP 15.85; KQ 484,100 ABP 7.45; MTN 23,800 ABP 5.20
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Rank: Member Joined: 10/19/2009 Posts: 671 Location: Nairobi
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Euge wrote:webish wrote:Gordon Gekko wrote:Why do you want a mortgage with an invariably variable interest rate when you can get a tenant purchase scheme loan from NSSF fixed at 15% for the entire term? Btw, @GG , any current project by NSSF? About 2 weeks ago they sent out a tender for construction of apartments in Milimani area. I don't think there have a running project now but I stand to be co llected. They had once talked about a huge project in Mavoko (sth like Nyayo). Would like to know more if anyone has the information.
Life is joy, death is peace, but the transition is very difficult.
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Rank: Elder Joined: 6/23/2009 Posts: 13,619 Location: nairobi
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webish wrote:Euge wrote:webish wrote:Gordon Gekko wrote:Why do you want a mortgage with an invariably variable interest rate when you can get a tenant purchase scheme loan from NSSF fixed at 15% for the entire term? Btw, @GG , any current project by NSSF? About 2 weeks ago they sent out a tender for construction of apartments in Milimani area. I don't think there have a running project now but I stand to be co llected. They had once talked about a huge project in Mavoko (sth like Nyayo). Would like to know more if anyone has the information. The mavoko project us under NHC not NSSF
COOP 255,000 ABP 15.85; KQ 484,100 ABP 7.45; MTN 23,800 ABP 5.20
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Rank: Elder Joined: 5/27/2008 Posts: 3,760
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@obiero, Mavoko project is under NSSF on land they already own, they are currently looking for a developer who will also finance it. NHC have an EPS plant in the neighbourhood.
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Rank: Elder Joined: 6/23/2009 Posts: 13,619 Location: nairobi
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Gordon Gekko wrote:@obiero, Mavoko project is under NSSF on land they already own, they are currently looking for a developer who will also finance it. NHC have an EPS plant in the neighbourhood.
oh. i was soo sure the eps plant was to build some significant units in mavoko. seems its both NSSF & NHC
COOP 255,000 ABP 15.85; KQ 484,100 ABP 7.45; MTN 23,800 ABP 5.20
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Rank: Elder Joined: 6/23/2009 Posts: 13,619 Location: nairobi
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obiero wrote:Gordon Gekko wrote:@obiero, Mavoko project is under NSSF on land they already own, they are currently looking for a developer who will also finance it. NHC have an EPS plant in the neighbourhood.
oh. i was soo sure the eps plant was to build some significant units in mavoko. seems its both NSSF & NHC www.constructionkenya.co...d-4000-houses-in-mavoko/
COOP 255,000 ABP 15.85; KQ 484,100 ABP 7.45; MTN 23,800 ABP 5.20
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Rank: New-farer Joined: 5/30/2013 Posts: 56 Location: Mini Apple
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obiero wrote:obiero wrote:Gordon Gekko wrote:@obiero, Mavoko project is under NSSF on land they already own, they are currently looking for a developer who will also finance it. NHC have an EPS plant in the neighbourhood.
oh. i was soo sure the eps plant was to build some significant units in mavoko. seems its both NSSF & NHC www.constructionkenya.co...d-4000-houses-in-mavoko/
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Rank: Member Joined: 1/1/2010 Posts: 517 Location: kandara, Murang'a
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mukiha wrote:gatoho wrote:Gordon Gekko wrote:Why do you want a mortgage with an invariably variable interest rate when you can get a tenant purchase scheme loan from NSSF fixed at 15% for the entire term? How do I go about the Nssf one? You are not serious about buying the flat, are you? If you were, you'd have simply gone to the TPS office at NSSF and found out. If you are too busy to go, then you are not serious enough about buying! You are making assumptions and acting like they are facts. Quite helpful. Foresight..
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Rank: Elder Joined: 8/4/2008 Posts: 2,849 Location: Rupi
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gatoho wrote:mukiha wrote:gatoho wrote:Gordon Gekko wrote:Why do you want a mortgage with an invariably variable interest rate when you can get a tenant purchase scheme loan from NSSF fixed at 15% for the entire term? How do I go about the Nssf one? You are not serious about buying the flat, are you? If you were, you'd have simply gone to the TPS office at NSSF and found out. If you are too busy to go, then you are not serious enough about buying! You are making assumptions and acting like they are facts. Quite helpful.  Lord, thank you!
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Rank: Member Joined: 10/19/2009 Posts: 671 Location: Nairobi
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Gordon Gekko wrote:@obiero, Mavoko project is under NSSF on land they already own, they are currently looking for a developer who will also finance it. NHC have an EPS plant in the neighbourhood.
@GG , any idea what type of houses they intend to do? or any further information? Then, would anyone know if they are still building the 1Bd/2Bd refill at Nyayo?
Life is joy, death is peace, but the transition is very difficult.
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