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Nyayo Embakasi Houses
mulla
#221 Posted : Wednesday, September 19, 2018 2:49:08 PM
Rank: Member


Joined: 6/15/2013
Posts: 301
obiero wrote:
wukan wrote:
obiero wrote:
obiero wrote:
Jamani wrote:
obiero wrote:
webish wrote:
Gordon Gekko wrote:
webish wrote:
kasibitta wrote:

One bedroom for 5.5 in nyayo estate??? either its sheer madness or business daily have their own figures..if it is true by any chance, am sad.


Exactly.. Sad Sad

But it's sweet news to the current owners of the three bedroomed (akina @obiero) who get a valuation of at least ksh 10m.......


Indeed.


Nyayo Estate Resident Association is on the right track
.. In other news, the three bedroom apartment should be worth atleast 12million, open market rate; but people are selling for as little as 7.2m


https://www.facebook.com...mmunity/744138352291186

Hizi nyumba zitafika above 10millions siku gani :( Naona 360 court huko syoks zimefika 6.6millions!!!

Selling price average still very low at KES 8m


The yield is low assuming monthly rent of 35K on 8M that's 5.25%. For 10m I will need to charge 50K rent. 10m is two apartments huko Eastleigh and I get 70k rent...maoni tu!!

Wait.. Rent for a three bedroom apartment in Eastleigh is KES 70,000 per month?

I think he meant 35K each for the two apartments
obiero
#222 Posted : Wednesday, September 19, 2018 6:21:21 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,472
Location: nairobi
mulla wrote:
obiero wrote:
wukan wrote:
obiero wrote:
obiero wrote:
Jamani wrote:
obiero wrote:
webish wrote:
Gordon Gekko wrote:
webish wrote:
kasibitta wrote:

One bedroom for 5.5 in nyayo estate??? either its sheer madness or business daily have their own figures..if it is true by any chance, am sad.


Exactly.. Sad Sad

But it's sweet news to the current owners of the three bedroomed (akina @obiero) who get a valuation of at least ksh 10m.......


Indeed.


Nyayo Estate Resident Association is on the right track
.. In other news, the three bedroom apartment should be worth atleast 12million, open market rate; but people are selling for as little as 7.2m


https://www.facebook.com...mmunity/744138352291186

Hizi nyumba zitafika above 10millions siku gani :( Naona 360 court huko syoks zimefika 6.6millions!!!

Selling price average still very low at KES 8m


The yield is low assuming monthly rent of 35K on 8M that's 5.25%. For 10m I will need to charge 50K rent. 10m is two apartments huko Eastleigh and I get 70k rent...maoni tu!!

Wait.. Rent for a three bedroom apartment in Eastleigh is KES 70,000 per month?

I think he meant 35K each for the two apartments

Oh. I now gather the logic. Thanks.. But I would never want to own property in Eastleigh.. I have never even imagined such a thing.. I visit that area code only when absolutely necessary about once every four months to gather sensitive shipment from Hargeisa

HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
Kate_Mbarire
#223 Posted : Wednesday, September 19, 2018 10:08:51 PM
Rank: New-farer


Joined: 9/4/2018
Posts: 64
Location: Nairobi
obiero wrote:
mulla wrote:
obiero wrote:
wukan wrote:
obiero wrote:
obiero wrote:
Jamani wrote:
obiero wrote:
webish wrote:
Gordon Gekko wrote:
webish wrote:
kasibitta wrote:

One bedroom for 5.5 in nyayo estate??? either its sheer madness or business daily have their own figures..if it is true by any chance, am sad.


Exactly.. Sad Sad

But it's sweet news to the current owners of the three bedroomed (akina @obiero) who get a valuation of at least ksh 10m.......


Indeed.


Nyayo Estate Resident Association is on the right track
.. In other news, the three bedroom apartment should be worth atleast 12million, open market rate; but people are selling for as little as 7.2m


https://www.facebook.com...mmunity/744138352291186

Hizi nyumba zitafika above 10millions siku gani :( Naona 360 court huko syoks zimefika 6.6millions!!!

Selling price average still very low at KES 8m


The yield is low assuming monthly rent of 35K on 8M that's 5.25%. For 10m I will need to charge 50K rent. 10m is two apartments huko Eastleigh and I get 70k rent...maoni tu!!

Wait.. Rent for a three bedroom apartment in Eastleigh is KES 70,000 per month?

I think he meant 35K each for the two apartments

Oh. I now gather the logic. Thanks.. But I would never want to own property in Eastleigh.. I have never even imagined such a thing.. I visit that area code only when absolutely necessary about once every four months to gather sensitive shipment from Hargeisa



Where are these apartments in eastleigh sold? How much per flat?I know eastleigh is messy but those returns doing hood
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