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plots on golf development
Pablo
#11 Posted : Monday, August 17, 2009 6:58:00 AM
Rank: Member

Joined: 3/17/2008
Posts: 567
Location: Nairobi


I am also reliably informed that there is one thats coming up near Lukenya. Prices I hear are still affordable at about 1.5M Per 5 Acres. Didnt get to findout too much. Mr. T?


Want to be a millionaire.... plant a million cabbages and sell them at a bob...
Wendz
#12 Posted : Monday, August 17, 2009 6:59:00 AM
Rank: Elder

Joined: 6/19/2008
Posts: 4,268
@Half_empty

Yes,the project kicked off and many people bought but majority were the big shots - the likes of UK,MMdvd,Yana et al. When i checked which was early last year or late 2007,each house was going for 10m. There is a hotel in the park (i think its managed by the interprids group). they rent out your house (usually ground floor) and leave the upper floor for your holidays/weekends etc. they maintain the floor that they rent out and credit your account minus costs at the end of the year(unless this has changed). Depending on how you furnish your house the rates were 11 - 24k per night per 'villa' at the time ( very good for family get-aways). The families can decide to either cook for themselves or use the lodge restaurant facilities which also serves day-trip visitors. All houses were built by same contractor to maintain the standards and similarity in materials used and design although sizes were different. At that time,the ones inside were all sold out but they were extending to an adjacent land but i am not sure if its still the same group or another investment group which wanted to do the same.

Some deals are like glass. Sometimes it's better to leave them broken than try to hurt yourself putting it back together.
nimimi
#13 Posted : Monday, August 17, 2009 7:05:00 AM
Rank: Member

Joined: 5/10/2007
Posts: 28
The lukenya one sounds like a plan...anyone with any more details please?
Pablo
#14 Posted : Monday, August 17, 2009 7:09:00 AM
Rank: Member

Joined: 3/17/2008
Posts: 567
Location: Nairobi
I was actually at the Great Rift Golf Club over the weekend. Its exactly as Wendz puts it. The private houses are now over 70 around the golf course and some are still under construction. The homes are looked after (including watering your lawn) by the Parks management for a fee.

Ill hopefully post some photos kesho so that you can see why there is all this fuss in golf developments.



Want to be a millionaire.... plant a million cabbages and sell them at a bob...
Mr.Tea
#15 Posted : Monday, August 17, 2009 7:38:00 AM
Rank: Member

Joined: 12/4/2008
Posts: 341
Location: Nairobi
Dunno much about the Lukenya deal but will have some info by the end of week.Like Wendz suggests Greenpark is rich-man's club.To begin with the land belonged to the Kenyattas and so does the Intrepid group that manages it.Ownership of the cottages reads like a list of whos who in town.Right across from the park,the owner of 200 acre plus parcel(big shot during Kenyatta's reign) was intent on replicating the success of Greenpark but I'm not sure where his efforts have landed him-have not been there lately.The only positive aspect of the project lay in the fact that its target was the middle class.It was attractively priced.Will have a look in the week also.

Patience Pays in Guaranteed Checks
Patience Pays In Guaranteed Checks.
nimimi
#16 Posted : Monday, August 17, 2009 7:50:00 AM
Rank: Member

Joined: 5/10/2007
Posts: 28
Mr Tea - Your feedback on the Lukenya one is much anticipated. I am extremely interested...have seen some good appreciation on the ostrich farm one and would like to replicate the same in Lukenya,which seems more suitably located. Thanks
bert
#17 Posted : Monday, August 17, 2009 9:04:00 AM
Rank: Member

Joined: 3/20/2008
Posts: 14
These are some good development and as usual please guyz keep us posted.

@niwewe,
If you get some more info on the Kitengela plan,please post here.Ave big interest near the hotel that was built by one Omondi of Prison.
nimimi
#18 Posted : Monday, August 17, 2009 11:17:00 AM
Rank: Member

Joined: 5/10/2007
Posts: 28
@ bert - Ok will do. Also have 2 plots right next to Omondi's Kaputei infront of ideal but the golf development is quite far from here. Good to have a neighbour here. Cheers
Litro
#19 Posted : Wednesday, August 19, 2009 8:01:00 AM
Rank: Member

Joined: 7/22/2009
Posts: 120
Location: KENYA
@ Pablo... Just a reminder,you were to post some photos on the Green Park.

Please do,to enlighten some of us.
Pablo
#20 Posted : Wednesday, August 19, 2009 8:48:00 AM
Rank: Member

Joined: 3/17/2008
Posts: 567
Location: Nairobi


Hi,Does anyone know how to paste photos here??


Want to be a millionaire.... plant a million cabbages and sell them at a bob...
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