Rank: Elder Joined: 6/23/2009 Posts: 14,227 Location: nairobi
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Bykhovets wrote:UpcomingPaperChaser wrote:popat wrote:This business of service charge shud discourage any sober thinking Kenyan who plans to run away from tenancy. Otherwise I don't get the logic of buying a property you will continue paying some 22k per month for the rest lof your stay there. You better continue paying rent at an address of your preference in perpetuity. From a professional point of view, service charge is a must, though you should ensure that you are not exploited. Always vouch for a committee established by the residents. service charge should, however, be reasonable. Rent cant be 60k and service charge is 25k!! Explain to me why paying service charge for a house that you own is a must. Nyayo Estate charges 2,500 which I find reasonable considering security, garbage, landscaping, cleaning of general areas. Na watu wawache kumisuse akili, service charge can never be 22k per month, unless rent is about 750k per month for sauna, jacuzzi, swimming pool etc
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Rank: Elder Joined: 11/27/2007 Posts: 3,604
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obiero wrote:Bykhovets wrote:UpcomingPaperChaser wrote:popat wrote:This business of service charge shud discourage any sober thinking Kenyan who plans to run away from tenancy. Otherwise I don't get the logic of buying a property you will continue paying some 22k per month for the rest lof your stay there. You better continue paying rent at an address of your preference in perpetuity. From a professional point of view, service charge is a must, though you should ensure that you are not exploited. Always vouch for a committee established by the residents. service charge should, however, be reasonable. Rent cant be 60k and service charge is 25k!! Explain to me why paying service charge for a house that you own is a must. Nyayo Estate charges 2,500 which I find reasonable considering security, garbage, landscaping, cleaning of general areas. Na watu wawache kumisuse akili, service charge can never be 22k per month, unless rent is about 750k per month for sauna, jacuzzi, swimming pool etc I saw a house on riverside Drive whose rent is 250,000/- per month and the service charge is 20k per month. i find it proportionate because i believe the definition changes depending on the location and covers much more than the takataka and security assumptions African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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Rank: Elder Joined: 11/27/2007 Posts: 3,604
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Chaka wrote:One thing I don't like about Kangundo rd are the old sand carrying trucks(Isuzu)that are driven recklessly.. You cannot use such criteria for ruling out an investment. I would rather operate between these trucks than in the CBD full of careless mats African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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Rank: Elder Joined: 11/27/2007 Posts: 3,604
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Impunity wrote:[quote=4eva eva]Siku hizi Kuna 1 /12 th,hiyo imezidi sasa[/quote
I was taught in my survey class that the smallest legally divisible prot was an 1/8!
For 1/12th one gets an allotment letter and not the title deed which is freehold, as it will be with the management company. You get a lease of 99 years(96 years to go) meaning your grand children will worry about renewing the lease if nothing changes in between. African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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Rank: Elder Joined: 3/2/2009 Posts: 26,331 Location: Masada
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Sober wrote:Impunity wrote:4eva eva wrote:Siku hizi Kuna 1 /12 th,hiyo imezidi sasa I was taught in my survey class that the smallest legally divisible prot was an 1/8! For 1/12th one gets an allotment letter and not the title deed which is freehold, as it will be with the management company. You get a lease of 99 years(96 years to go) meaning your grand children will worry about renewing the lease if nothing changes in between. So I was right concerning the smallest deedable prot being an 1/8? Can one secure a loan with an allotment letter really? Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Rank: Elder Joined: 7/22/2009 Posts: 7,843
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Impunity wrote:Sober wrote:Impunity wrote:4eva eva wrote:Siku hizi Kuna 1 /12 th,hiyo imezidi sasa I was taught in my survey class that the smallest legally divisible prot was an 1/8! For 1/12th one gets an allotment letter and not the title deed which is freehold, as it will be with the management company. You get a lease of 99 years(96 years to go) meaning your grand children will worry about renewing the lease if nothing changes in between. So I was right concerning the smallest deedable prot being an 1/8? Can one secure a loan with an allotment letter really? No you were NOT right!!!! And that is why you should go for a refund from whoever taught you such stuff!!! And you stop lying to wazuans because if the stuff you say here was true, you would know you can get a title for land smaller than 1/8th and secure a loan with it if you so wished! Different counties can regulate the smallest pieces for whatever reasons though. VERY FEW Kenyans have their houses built on an 1/8th and above in middle class Nairobi for example!!! And they have titles to their land!! And I am talking about Nairobi not "its environs". Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: New-farer Joined: 2/22/2015 Posts: 61
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Sober wrote:Impunity wrote:[quote=4eva eva]Siku hizi Kuna 1 /12 th,hiyo imezidi sasa[/quote
I was taught in my survey class that the smallest legally divisible prot was an 1/8!
For 1/12th one gets an allotment letter and not the title deed which is freehold, as it will be with the management company. You get a lease of 99 years(96 years to go) meaning your grand children will worry about renewing the lease if nothing changes in between. Ruiru Murera area plots of 0.0212ha are on sale 'aparrently with title deeds' .. No idea how they got the deeds then. RINKOnly Fools Have No Plan B
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Rank: Member Joined: 8/15/2015 Posts: 817
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4eva eva wrote:Siku hizi Kuna 1 /12 th,hiyo imezidi sasa lol....... wacha zianze kujazana njata tv
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Rank: Elder Joined: 12/25/2014 Posts: 2,301 Location: kenya
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Cornelius Vanderbilt wrote:4eva eva wrote:Siku hizi Kuna 1 /12 th,hiyo imezidi sasa lol....... wacha zianze kujazana njata tv 1/24 should be coming soon .
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Rank: Member Joined: 1/4/2013 Posts: 255
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popat wrote:I've been there and I can assure you no one would travel that far to pay even 10k rent.So brother better do something better with your money.am even surprised there is a service charge of 22k to crown it all.Lakini wakenya we are too gullible. You are wrong regarding rents in the area. There are 2 bedroom apartments rental apartments at 15kpm and are always fully occupied - I've been making a point of checking every now and then when I am in that area.
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