wazua Mon, Nov 18, 2024
Welcome Guest Search | Active Topics | Log In | Register

Itrade Park
Options
Previous Topic · Next Topic
Marty
#1 Posted : Monday, April 16, 2012 4:05:45 PM
Rank: Veteran


Joined: 3/31/2008
Posts: 761
Location: Nairobi
Some bungalows off the Eastern by-pass just past the meat joints. The houses are done very well especially finishes. Anyone else who has seen them?
When I admire the wonder of a sunset or the beauty
of the moon, my soul expands in worship of the Creator.
Back to top
 Report Abusive | Report SPAM
nostoppingthis
#2 Posted : Monday, April 16, 2012 4:54:57 PM
Rank: Chief


Joined: 8/24/2009
Posts: 5,909
Location: Nairobi
Marty wrote:
Some bungalows off the Eastern by-pass just past the meat joints. The houses are done very well especially finishes. Anyone else who has seen them?


Seen them...cost?
Back to top
 Report Abusive | Report SPAM
Horton
#3 Posted : Monday, April 16, 2012 5:05:05 PM
Rank: Veteran


Joined: 8/30/2007
Posts: 1,558
Location: Nairobi
Back to top
 Report Abusive | Report SPAM
madhaquer
#4 Posted : Monday, April 16, 2012 5:10:53 PM
Rank: Member


Joined: 11/10/2010
Posts: 281
Location: Nairobi
I went to see them about a month back, the 6 already done are probably sold out by now since only 1 was remaining then. I thought they quoted something higher than 7.1m
Back to top
 Report Abusive | Report SPAM
eco
#5 Posted : Monday, April 16, 2012 5:23:03 PM
Rank: Member


Joined: 6/17/2011
Posts: 229
Marty wrote:
Some bungalows off the Eastern by-pass just past the meat joints. The houses are done very well especially finishes. Anyone else who has seen them?


What is the size of the land?
Back to top
 Report Abusive | Report SPAM | Edit by user: Monday, April 16, 2012 5:36 PM | Reason: Not specified
Marty
#6 Posted : Tuesday, April 17, 2012 7:26:50 AM
Rank: Veteran


Joined: 3/31/2008
Posts: 761
Location: Nairobi
eco wrote:
Marty wrote:
Some bungalows off the Eastern by-pass just past the meat joints. The houses are done very well especially finishes. Anyone else who has seen them?


What is the size of the land?


The size of the land is 1/8th of an acre or thereabout each with a separate title. I can confirm the price to be 7.15M (or so I was told) but the guy on the ground said something to the effect that phase 2 will be 7.5M.
When I admire the wonder of a sunset or the beauty
of the moon, my soul expands in worship of the Creator.
Back to top
 Report Abusive | Report SPAM
Jamani
#7 Posted : Tuesday, April 17, 2012 7:38:47 AM
Rank: Elder


Joined: 9/12/2006
Posts: 1,554
At a personal level I dont like the design of the houses...... they could have done better at that price
Back to top
 Report Abusive | Report SPAM
Marty
#8 Posted : Tuesday, April 17, 2012 8:00:52 AM
Rank: Veteran


Joined: 3/31/2008
Posts: 761
Location: Nairobi
Jamani wrote:
At a personal level I dont like the design of the houses...... they could have done better at that price


What I really liked was the interior finishes and the roof, maybe the design could be better.
When I admire the wonder of a sunset or the beauty
of the moon, my soul expands in worship of the Creator.
Back to top
 Report Abusive | Report SPAM
maina20
#9 Posted : Tuesday, April 17, 2012 8:21:57 AM
Rank: Member


Joined: 7/21/2010
Posts: 249
Location: nairobi
Marty wrote:
Jamani wrote:
At a personal level I dont like the design of the houses...... they could have done better at that price


What I really liked was the interior finishes and the roof, maybe the design could be better.

I agree, the quality is perfect, and the size of the plot is 1/8 acre, with a freehold title deed. I cant wait for phase 2!
..desire to succeed is always fighting with fear of failure..
Back to top
 Report Abusive | Report SPAM
Jamani
#10 Posted : Tuesday, April 17, 2012 8:27:36 AM
Rank: Elder


Joined: 9/12/2006
Posts: 1,554
Aesthetics.....
Back to top
 Report Abusive | Report SPAM
madhaquer
#11 Posted : Tuesday, April 17, 2012 11:43:32 AM
Rank: Member


Joined: 11/10/2010
Posts: 281
Location: Nairobi
Phase II will definitely be at a much higher price. The price for an eighth in that area is around 2m so the value of the building is around 5m, that's seems high for me but then again it's a gated community which seems important for some buyers.
Back to top
 Report Abusive | Report SPAM
Marty
#12 Posted : Tuesday, April 17, 2012 12:27:36 PM
Rank: Veteran


Joined: 3/31/2008
Posts: 761
Location: Nairobi
madhaquer wrote:
Phase II will definitely be at a much higher price. The price for an eighth in that area is around 2m so the value of the building is around 5m, that's seems high for me but then again it's a gated community which seems important for some buyers.


In my own estimate, I think the BQ cost could be around 4M so if u added the price of the land at 2M, the developer maybe making 1M per unit, just wild figures from me.
When I admire the wonder of a sunset or the beauty
of the moon, my soul expands in worship of the Creator.
Back to top
 Report Abusive | Report SPAM
Jamani
#13 Posted : Tuesday, April 17, 2012 1:44:27 PM
Rank: Elder


Joined: 9/12/2006
Posts: 1,554
Bwana Wazua admin
I suggest that you add above another tab for property and land separate it from shares/bonds/TBs....
Back to top
 Report Abusive | Report SPAM
CaptainGG
#14 Posted : Monday, April 23, 2012 2:41:50 PM
Rank: New-farer


Joined: 10/13/2011
Posts: 67
Location: Kenya
I visited he site after seeing this thread. The interior finish is very good compared to other houses I have seen elsewhere. The price is quite fair considering the proximity to Eastern Bypass and Thika road. I was informed two houses are available for sale out of the six in phase I.
Back to top
WWW
 Report Abusive | Report SPAM
kamundu
#15 Posted : Monday, April 23, 2012 7:28:03 PM
Rank: Member


Joined: 5/9/2011
Posts: 786
Location: Mashinani
Still think it's overpriced. Without counting Cost of land, you can do the same for youself at 2.5M max
Peace in our Homeland.
Back to top
 Report Abusive | Report SPAM
Marty
#16 Posted : Tuesday, April 24, 2012 7:21:36 AM
Rank: Veteran


Joined: 3/31/2008
Posts: 761
Location: Nairobi
kamundu wrote:
Still think it's overpriced. Without counting Cost of land, you can do the same for youself at 2.5M max


2.5 would be a tad too low for the cost of those units. I passed by there together with a valuer and his professional opinion is that the cost should be around 4M. If u add the value of the land at 2M, I still think 7.15 is a fair deal.
When I admire the wonder of a sunset or the beauty
of the moon, my soul expands in worship of the Creator.
Back to top
 Report Abusive | Report SPAM
madhaquer
#17 Posted : Tuesday, April 24, 2012 6:09:21 PM
Rank: Member


Joined: 11/10/2010
Posts: 281
Location: Nairobi
2.5m max for what ?
I would love to see a boq for that! for someone who has built a hse I can easily tell you have not factored in even the finishing that this guys have done or even the current construction costs
Back to top
 Report Abusive | Report SPAM
Users browsing this topic
Guest
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2024 Wazua.co.ke. All Rights Reserved.