Land prices soar 20pc on Nairobi Expressway lift
The value of land surged by a high of 9.49 percent in the year to September due to better accessibility in the towns through improved infrastructure.
Source: businessdailyafrica.com
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Will affordable housing dream come true this time round?
According to the National Housing Corporation, about 2 million units are needed to fill the housing deficit in the country.
Affordable Housing Project National Housing Corporation Real Estate Ovid 19 Pandemic President William Ruto Uhuru Kenyatta
Source: nation.africa
Home developers bet on removal of red tape to unlock cheap credit
Property developers are looking to the new government led by President William Ruto to cut red tape in approval processes and help unlock cheaper credit.
Source: businessdailyafrica.com
Price of construction materials rise sharply
The price of key construction materials, including steel, paint, and cement have shot up due to local shortage, prompting industry groups and contractors to warn of a slowdown in the sector.
Daniel Ojijoa Nairobi Based Bamburi Cement Plc Architectural Association Of Kenya Architectural Association Daniel Ojijo Cement Plc
Source: businessdailyafrica.com