‘Spirits of the dead’: Funeral home complicates area property market

David Waithanji, a property broker in Murang’a, says September 23, 2019, was his worst nightmare in his 10 years of dealing in real estate.

“I had two potential buyers of three plots collectively measuring half an acre at Makenji village, which is 48 kilometres North of Nairobi. I was sure of pocketing at least Sh600,000 as my profit. My asking price for the deal was Sh3 million, but I was sure to get Sh2.6 million from my clients and give out Sh2 million to the real owners who had recruited me to get them buyers,” says the Jungle Properties Solutions broker.