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Why dustbowl is the future
Rank: Member Joined: 5/15/2019 Posts: 677 Location: planet earth
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tinker wrote:I agree the writter is way off.
Ati "Other places such as Ngong would see the same piece going for between Sh650,000 and Sh850,000".
Where in Ngong can you get a 1/8th for 850K?. Not even in Kimuka.
So true. Age and family mellows us all over time
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Rank: Member Joined: 5/15/2019 Posts: 677 Location: planet earth
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Mark my words, Jewel in the Crown is slowly becoming the entertainment mecca of Nairobi Metropolitan . Call it an accident of nature or God's providence but the vast affordable space, surging creative, entrepreneurial and increasingly affluent middle class + scenic landscapes are making things boom there like a nonsense. Age and family mellows us all over time
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Rank: New-farer Joined: 7/30/2019 Posts: 15 Location: Nairobi
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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https://www.sunmarineholidayciti.com/
What happened to this project? possunt quia posse videntur
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Rank: Member Joined: 5/15/2019 Posts: 677 Location: planet earth
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Without mugunda nothing else moves. One cannot even take a dump without mugunda to dump on. Age and family mellows us all over time
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Rank: Hello Joined: 2/1/2019 Posts: 1
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Amorphous, I would like to say I bit the bullet and followed your convictions re DC. I can see the potential you have always banged the drums about. Thank you for removing the wool over my eyes! Shukran. Next I need handholding over a bigger deal and would love to tap into your DC networks
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Rank: Member Joined: 5/15/2019 Posts: 677 Location: planet earth
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Rank: Member Joined: 5/15/2019 Posts: 677 Location: planet earth
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https://www.kenyans.co.k...nyans-move-away-nairobi
Towns to Watch as Kenyans Move Away From NairobiJewel in the Crown Quote:The real estate market in Nairobi has witnessed an emerging trend over the last year in which more and more residents are moving away from the capital and into emerging satellite towns.
These towns are in different counties, but which border the Kenyan capital, where a rapid improvement in infrastructure and affordable housing has resulted in a mass migration from Nairobi.
Satellite cities are small or medium-sized cities near a large town, for instance; smaller towns near Nairobi, Mombasa, or Kisumu.
Most of these satellite towns predate the metropolis’ suburban expansion and are partially independent of the bigger town both economically and socially.
Some of the counties that have benefited a lot due to their proximity to the city include Kiambu, Machakos, and Kajiado, which all have satellite towns considered part of the Nairobi Metropolitan area.
According to HassConsults 2020 Land Price Index report, these satellite towns controlled approximately 60% of property transactions in 2020.
Kitengela 19.1% control, Ruiru 15.1%, Thika 9.4%, Ongata Rongai and Ngong both tied at 7.9% market share of the properties on sale.
For 2021, the investment opportunity within the Nairobi Metropolitan Area land sector lies in satellite towns such as Limuru, Thika, and Athi River; and suburbs such as Ridgeways and Kasarani supported by the relatively high annual capital appreciation of above 8.0%.
Here's a look at the satellite towns to watch in Kenya's Real Estate Market in 2021.
Ruiru
With an estimated population of at least 490,000 residents, the town is one of the most heavily populated in the country.
The rapid increase in population has been linked to the infrastructure development along the Thika Superhighway as well as the Northern and Eastern Bypass. Traffic on a section Of Thika Super Highway as seen on November 11, 2019. Traffic on a section Of Thika Super Highway as seen on November 11, 2019. File
The fast-growing town has also been earmarked for the Nairobi Mass Rapid Transit System making it convenient for people who work in Nairobi's Central Business District (CBD).
Kikuyu
Following the establishment of a vast road network in the area, Kikuyu is the only town along the Southern Bypass which connects Mombasa Road to the Nairobi-Naivasha Highway.
Coupled with the ongoing expansion of Waiyaki Way, the satellite town has recorded a major boom in demand for residential houses.
Athi River
Located in Machakos County, the town has seen a massive influx of Nairobi residents over the last few years.
The mass migration into Athi River and its environs was so great at some point it was described as a key 'dormitory' for Nairobi's working population.
Satellite towns with high potential
Below are some of Kenya’s fastest-growing satellite towns in no specific order because they are dynamic: Kitengela, Thindigua, Ruaka, Juja, Ngong, Thika, Lower Kabete, Rongai, and Uthiru.
On the other hand, investor demand is expected to apply pressure on land prices in these satellite towns which could lead to a spike in prices.
There is also reduced disposable income among consumers and an oversupply in select sectors which include; the middle - high-end residential sectors. Tulisema hizi vitu zamani sana For the umpteenth time, I say it is a no brainer where to invest when; 1. You have the cheapest land prices in Nairobi Metro..all else being equal 2. For the highest upside due to rapidly expanding middle class moving in that will slowly cause prices to tick upwards 3. And the highest amount of available land for development (by far DC leads here) Look at the stats on Jewel in the Crown. A city four times smaller that Ruiru yet controlling the bulk (almost 20%) of land transactions IN THE ENTIRE NAIROBI METROPOLITAN Invest in DC or perish! Age and family mellows us all over time
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Rank: Member Joined: 5/15/2019 Posts: 677 Location: planet earth
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Incredible progress. Basic infrastructure almost complete, data centre in place! Mark my words DC in general and Jewel in the Crown (Kitengela) to be specific, will be the biggest beneficiaries of one of Africa's biggest and most transformational projects (Konza City) https://www.construction...argest-projects-africa/
Nimesema! Age and family mellows us all over time
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Rank: Member Joined: 5/15/2019 Posts: 677 Location: planet earth
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Rank: Veteran Joined: 1/20/2011 Posts: 1,820 Location: Nakuru
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All these Maendeleo is being implemented by H.E. Uhuru Kenyatta whom the so called wazua elders have called a failed president. In a short span of 9 years this man Uhuru has done wonders.. Dumb money becomes dumb only when it listens to smart money
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Rank: Member Joined: 5/15/2019 Posts: 677 Location: planet earth
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Fyatu wrote:All these Maendeleo is being implemented by H.E. Uhuru Kenyatta whom the so called wazua elders have called a failed president. In a short span of 9 years this man Uhuru has done wonders.. Agreed. TBH on infrastructure, ease of doing business, elec connections, title deeds issuance and projects such as these this administration has put all the previous ones combined to shame. No regime is perfect but this one has delivered big time so far. We here at Jewel in the Crown are waiting to ululate at high decibel when Kitengela Expressway ( ) is officially opened in December. Age and family mellows us all over time
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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amorphous wrote:Fyatu wrote:All these Maendeleo is being implemented by H.E. Uhuru Kenyatta whom the so called wazua elders have called a failed president. In a short span of 9 years this man Uhuru has done wonders.. Agreed. TBH on infrastructure, ease of doing business, elec connections, title deeds issuance and projects such as these this administration has put all the previous ones combined to shame. No regime is perfect but this one has delivered big time so far. We here at Jewel in the Crown are waiting to ululate at high decibel when Kitengela Expressway ( ) is officially opened in December. Meanwhile sisi tunangoja BAT dividend at 11% Dividend Yield. Life is short. Live passionately.
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Rank: Member Joined: 5/15/2019 Posts: 677 Location: planet earth
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You did not hear it from me but OBC Kitengela, currently under construction, will have Quickmart as the anchor tenant. I predict that the stretch between Enkare to Acacia junction will see prices rise at a crazy rate in the coming few years. Mark my words, a quarter acre in this zone will be 25m kshs or more by 2028. Kitengela the new Runda? Watch this space..... NIMESEMA!Age and family mellows us all over time
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Rank: Member Joined: 5/15/2019 Posts: 677 Location: planet earth
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Diasporans flooding into Jewel in the Crown, DC big time. "Taking note of the surrounding infrastructure that is coming up, Kitengela is a hotspot." --Landmark Holdings Age and family mellows us all over time
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Rank: Member Joined: 5/15/2019 Posts: 677 Location: planet earth
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Rank: Member Joined: 5/15/2019 Posts: 677 Location: planet earth
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You won't find such even in Muthaiga #DCisTheFuture Lerruat Log resort, DC Age and family mellows us all over time
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Rank: Veteran Joined: 1/10/2015 Posts: 961 Location: Kenya
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You can put such a house on your 1/8th huko dustbowl and say good bye to the landlord. Proverbs 13:11 Dishonest money dwindles away, but whoever gathers money little by little makes it grow.
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Rank: Member Joined: 3/1/2019 Posts: 170 Location: Nairobi
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Living in the DC is not an environmentally friendly choice, as if there not enough disadvantages. Environmentally consious people buy apartments and live near their amenities which means they can walk to most if not all, and if they have to take the car, it will be a short environment-friendly ride... also one car will be enough for the family unlike in DC where you may need upto 3 cars per household to attain the same level of flexibility
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Rank: Member Joined: 5/15/2019 Posts: 677 Location: planet earth
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NewMoney wrote:Living in the DC is not an environmentally friendly choice, as if there not enough disadvantages. Environmentally consious people buy apartments and live near their amenities which means they can walk to most if not all, and if they have to take the car, it will be a short environment-friendly ride... also one car will be enough for the family unlike in DC where you may need upto 3 cars per household to attain the same level of flexibility Industrial area -heaviest polluter in East and Central Africa Nairobi River..most polluted and filthy river North of the Limpopo. Passes by all the poshest hoods in Nairobi. Talk about environmentally friendly. As for distance and amenities..only someone who thinks the universe revolves around decaying Nairobi core says distance is an issue. Who lied to you that all of us commute to Nai core and have no amenities . I have more amenities in DC than I did in Nai core and at half the cost! And wait until Kitengela Expressway is open. I will be able to get to Jewel in the Crown from the CBD faster than you can get from your office to your Umoja bedsitter (jokes) Besides..the numbers tell it all. Wake us up when the numbers change my broda. Kenyans are voting with their feet Age and family mellows us all over time
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