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L'e Mac - The First Residential Skycrapper in Kenya..
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S.Mutaga III
#21 Posted : Monday, September 24, 2012 1:43:57 PM
Rank: Member

Joined: 3/26/2012
Posts: 830
Even if I was a billionaire,I cant pay 15m for a one - bedroom apartment...Its not value for my money...only celebs will buy at those prices because sadly most of them buy property as they buy perfume...instead of buying them like veges...cheapest but best value.
A successful man is not he who gets the best, it is he who makes the best from what he gets.
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Jamani
#22 Posted : Monday, September 24, 2012 1:56:51 PM
Rank: Elder

Joined: 9/12/2006
Posts: 1,554
S.Mutaga III wrote:
Even if I was a billionaire,I cant pay 15m for a one - bedroom apartment...Its not value for my money...only celebs will buy at those prices because sadly most of them buy property as they buy perfume...instead of buying them like veges...cheapest but best value.
As billionaire your thoughts will not be anywhere near that, you will be thinking of a stand alone away from the crowd n hassle... Even for our celebs its not value for their money not in this economy....we are not yet there...
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S.Mutaga III
#23 Posted : Monday, September 24, 2012 2:07:13 PM
Rank: Member

Joined: 3/26/2012
Posts: 830
@Jamani...billionaires live in castles not apartments...but enough of the wishful thinking.What percentage of your total wealth should your house be?...for me about 5% is cool...so to live in this 15m apartment,I should not have a net worth of less than 300million.
A successful man is not he who gets the best, it is he who makes the best from what he gets.
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Seles83
#24 Posted : Monday, September 24, 2012 2:17:21 PM
Rank: Member

Joined: 11/9/2007
Posts: 288
Location: OZ
butterflyke wrote:
interesting concept.....i can imagine the views from the apartments....kuna wale wanajiweza naz bei.... Wonder how le mac compares with one west park
2bdr deluxe rents for 95k 3bdr rents for above 130k.. http://www.hassconsult.c...p;Itemid=38&intent=2 One West Park is westlands 2bdr is 20.8m and and 3bdr is 24M..and 4bdr is 29M..
More monies, more problems...
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Jamani
#25 Posted : Monday, September 24, 2012 2:18:55 PM
Rank: Elder

Joined: 9/12/2006
Posts: 1,554
S.Mutaga III wrote:
@Jamani...billionaires live in castles not apartments...but enough of the wishful thinking.What percentage of your total wealth should your house be?...for me about 5% is cool...so to live in this 15m apartment,I should not have a net worth of less than 300million.
Generally looking at our society I would think 5% is too low, my assumption would be most of the middle class in our society will have this % at 65%.... people with 300M....thats totally a different class and they wont buy the single room at 15m. They will be somewhere in Karen, Runda yeah those sides
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Jamani
#26 Posted : Monday, September 24, 2012 2:25:17 PM
Rank: Elder

Joined: 9/12/2006
Posts: 1,554
Seles83 wrote:
butterflyke wrote:
interesting concept.....i can imagine the views from the apartments....kuna wale wanajiweza naz bei.... Wonder how le mac compares with one west park
2bdr deluxe rents for 95k 3bdr rents for above 130k.. http://www.hassconsult.c...p;Itemid=38&intent=2 One West Park is westlands 2bdr is 20.8m and and 3bdr is 24M..and 4bdr is 29M..
Those buyers need to visit a4architects web site, just read and they will learn a lot. Having said that i believe in the free market economy and the right for someone to pay whatever they feel like irrespective of considering its value
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dunkang
#27 Posted : Monday, September 24, 2012 3:04:03 PM
Rank: Elder

Joined: 6/2/2011
Posts: 4,824
Location: -1.2107, 36.8831
sincerely speaking, a 40 by 80 at mirema drive, zimmerman, is around 3M. Build urself a 4br bungalow for 2M, and buy 2.5M safcom shares with the balance 10M whose dividend will be enough to cater for 2 watchmen, cook and etc.
Receive with simplicity everything that happens to you.” ― Rashi
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Pablo
#28 Posted : Monday, September 24, 2012 3:16:31 PM
Rank: Member

Joined: 3/17/2008
Posts: 567
Location: Nairobi
Unfortunately the guys talking against this project are not the target market for this type of development. The target market already have those 40by 80's at Mirema, 400 Ac in Kajiado, properties in Karen and Runda etc. Its like as Mutahi Ngunyi put it "using liters to measure distances". These are not for u and me. Zina wenyewe.
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Jamani
#29 Posted : Monday, September 24, 2012 3:27:45 PM
Rank: Elder

Joined: 9/12/2006
Posts: 1,554
Pablo wrote:
Unfortunately the guys talking against this project are not the target market for this type of development. The target market already have those 40by 80's at Mirema, 400 Ac in Kajiado, properties in Karen and Runda etc. Its like as Mutahi Ngunyi put it "using liters to measure distances". These are not for u and me. Zina wenyewe.
Ahsante Pablo for the reminder, in earlier posts we said this will be bought we never doubted that and most of us were responding because it was brought to me and you here and being argued for me and you.
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digitek1
#30 Posted : Monday, September 24, 2012 3:38:56 PM
Rank: Veteran

Joined: 2/3/2010
Posts: 1,797
Location: Kenya
dunkang wrote:
sincerely speaking, a 40 by 80 at mirema drive, zimmerman, is around 3M. Build urself a 4br bungalow for 2M, and buy 2.5M safcom shares with the balance 10M whose dividend will be enough to cater for 2 watchmen, cook and etc.
Shame on you Shame on you
I may be wrong..but then I could be right
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