What apartments buyers are willing to pay for

About two decades ago, living in a flat was considered a key characteristic of the urban lifestyle in Kenya. It was the dream of every ‘new arrival’ in the city to climb the stairs into a relative’s apartment on the third floor.

However, what was considered “luxury” was nothing more than four white walls and a corridor that led to one or two other rooms. Among the common amenities was a communal watering point in the courtyard where residents would take turns drawing water.