Housing developers in the country have been forced to up their game to meet the changing tastes of home buyers. According to recently released housing reports, the changing tastes of buyers is pushing housing prices up, forcing industry players to come up with developments that meet the preferences of today’s increasingly sophisticated homeowner.
“There is a steady increase in sectional titles, gated communities and townhouse living, pushing up the prices of residential houses as the market fights to meet this demand,” says Kenya Bankers Association (KBA) Housing Price Index report for the second quarter. Habil Olaka, KBA’s CEO, said today’s urban dweller is totally different from the Kenya urban dweller five years ago.