Developer hands over Sh6b affordable houses to owners

GulfCap Real Estate CEO Chris Ochieng (left) showing President William Ruto the plan for the Sh20 billion Starehe housing project in Mombasa on May 10.  [File, Standard]

The Sh6 billion affordable houses constructed by GulfCap Real Estate in partnership with the county government of Mombasa will be officially handed over to homeowners on Saturday.

This is the first developer to deliver an affordable housing project in partnership with the government. 

“We are proud to be the first private developer in partnership with the government to hand over an affordable housing project of this magnitude in Kenya. This achievement underscores our dedication to making quality housing accessible to all, improving the quality of life for countless individuals and families,” said GulfCap Real Estate CEO Chris Ochieng.

He said Phase 1 of Buxton Point, comprising 584 units, has been successfully completed and the official handing over of the project to its new owners will take place on Saturday, September 16, 2023.

“On the official handing over day, we will have a vibrant array of activities for residents and their families. From children’s play areas to basketball tournaments and swimming activities, there will be something for everyone,” added Mr Ochieng.

He said they have appointed a dedicated lifestyle manager who will be assisting homeowners in enrolling in different lifestyle clubs.

The clubs include a basketball, soccer, swimming, indoor sports club, gym, aerobics, yoga, walking warriors club, book club, music club, and bible and Quran study clubs among others.

“What sets Buxton Point apart is not just the quality of our homes but the sense of belonging we foster within our community. By offering a diverse range of amenities and lifestyle options, we empower residents to live life to the fullest,” he said.

Furthermore, he said the launch of Phase 2, which will see the construction of an additional 1,400 units is set to begin. 

“To contribute to the cascading effect of the project and spice up its outlook, Phase 2 will involve the construction of 16 floors that will provide our clients with a fascinating sea view from their apartments and appreciate the beauty of Mombasa,” said Mr Ochieng.

The development of Phase 2 which is currently being sold will involve rooftop terraces and an elevator which will be installed to allow access to the high-tower buildings.