Uhuru’s new tax proposals signal rise in property prices(2011-06-21)
Treasury’s new measures to plug loopholes that property dealers use to avoid paying taxes are expected to add impetus to real estate price inflation, as agents pass on the additional levies to home buyers. The new measures contained in Finance minister Uhuru Kenyatta’s Budget proposals require real estate developers and land dealers to pay taxes.....

How you could own a piece of prime real estate(2011-06-16)
Mention the term real estate investor and what comes to mind is a well-heeled individual who can put millions of shillings into a building project with relative ease. Because of its capital-intensive nature, real estate investment is for the rich. The less materially-endowed Kenyan majority, just as happens in many other economies, have to jo.....

Malls on the rise, Migaa in the green(2011-06-13)
The resilience of Kenya’s economy and a growing middle class is fuelling growth in the country’s retail property market. According to a new report by Knight Frank, Nairobi leads in the number of new, most modern shopping malls, with new entrants being Galleria Shopping Mall and Greenspan. Mombasa and Kisumu have also witnessed retail developm.....

Nairobi gets mega real estate plan from Russia(2010-10-26)

Renaissance Capital, the Moscow-based investment bank, will on Tuesday launch a Sh200 billion real estate project it says should become a visible symbol of Kenya’s leadership in urban renewal and reaffirm Nairobi’s position as East Africa’s economic hub.

The mega project, to be officially launched by President Ki.....

Demand for housing in upmarket estates down(2010-08-31)

You could soon afford to buy a house in one of the high-end estates in Nairobi, or other major urban areas as demand for such properties starts to fall.

After months of speculations, it appears the property bubble, that most real estate developers had dismissed, may have burst and high-end residential properties in Nairobi are now.....

5 ways to save money when buying a house(2010-08-25)

A house is the most costly investment a person or family will decide on, so it is extremely important to have all your facts together before making an offer.

Consider these five steps to make sure you are saving money while buying a new house.

Shop and research your house before making a decision

The potential of real estate financing in Kenya(2010-08-05)

In any economy, long-term finance is one of the key drivers of economic growth.  Long-term finance allows for the provision of affordable and adequate housing which is a major thrust of Kenya’s Vision 2030. 

Indeed, one of the flagship projects under the.....

E-transaction to ease property transfer(2010-07-22)

The adoption of electronic transactions on property would propel the real estate sub-sector to new heights. Currently, purchasing of property is conducted manually involving tedious paperwork even as the world becomes a global village.

For instanc.....

The real meaning of Kenya's 2010 government budget(2010-07-12)

Kenya’s Finance Minister Mr Uhuru Kenyatta presented a speech that correctly identified and acknowledged impediments to enhanced private sector growth. The budget speech was therefore one that was directed at the private sector and investors, signalling the intention to achieve a more conducive business environment. If successfully imp.....