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A house built at the Four ways junction taken on 30th October 2014. (PHOTO: WILBERFORCE OKWIRI/ STANDARD)
'Niko na ka-one-eighth mahali...” is a common conversation starter in many social gatherings. This is so common that a person mentioning a ‘ka-one-eighth’ will be quickly understood by anyone around them to be talking about a piece of land. In any social gathering, the question of land or property will at some point crop up. And parents will always pointedly ask their children to build a house. Such is Kenyans fascination with matters land and real estate.
This bug has translated to a booming sector. The last decade has seen phenomenal investments in real estate. Projects worth billions of shillings have either been completed or are under construction. The boom has not escaped the notice of international players who have found the country to be ideal for their investments.
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