Married? Why you should own property via joint firm with your spouse

Compensation is not a very easy issue in the case of community land.

Auditor-General Nancy Gathungu notes that for the government houses occupied by the county government staff, deductions made through the respective payroll were not remitted.

60 per cent of urban households in Kenya live in slums where they struggle to raise $10 (Sh1,170) a month for rent.

In many rural places, despite new power connections and better road networks, the rents remain relatively unchanged.

The challenging ara falls on the developers’ feet – the sales and rental where 16 indicators are not available.

The tower presents a timely and strategic proposition for both local and regional investors in the property market.

Their regime will promote local production of steel, aluminium and other products required by the sector in the country.

The scheme has adopted a new approach to attract more prospective house buyers by allowing them a few days’ stays in the show houses.

The smaller portions of land cannot be used for the same purpose as the bigger ones, before subdivision.

Real estate players including developers and financiers feel that buildings that fail on environmental, social, and governance (ESG) compliance risk being “irrelevant” in the future.

New skyscrapers are gradually eclipsing the old landmark buildings that had been the hallmark of Nakuru’s history from the 60s to the 80s.

How much a prospective homeowner can afford compared to what is in the market has always been the disconnect.

In the last 100 years, 30 countries have moved or decided to relocate their capital cities.

Mortgage financier HF Group wants to sell its head office building in Nairobi, convert some loans to equity and pursue defaulters in a bid to boost its capital levels.

PrideInn Hotels and Resorts has announced plans to expand to all the 47 counties over the next decade as the industry emerges from the vagaries of Covid-19.

Residential and commercial real estate developer Purple Dot International is betting on Machakos County’s Athi River as one of Kenya’s promising industrial growth hubs.

There were 12,765 pending land cases in court as of December 2021 which shows the extent to which people are fighting to retain their properties. 

Students, the teaching fraternity, and ancillary services providers are looking for quality housing that will also reduce their transportation costs and commuting time.

Negotiated prices for houses, especially in the wake of Covid-19 have made off-plan housing more attractive than ever before.

Property developer Purshottam Developers and Stanbic Bank Kenya have entered a structured mortgage finance partnership deal.

There is growing evidence in almost every sector that Kenya’s biggest city Nairobi, can no longer accommodate its population.

While virtual property doesn’t provide physical shelter, there are some parallels. In shopping for virtual real estate, you could buy a piece of land to build on. Or choose a ready built house.

Tireless due diligence, he says. But where does it start and where does it end? What kind of due diligence would one carry out on a project that only exists on paper? 

The skyscrapers dotting the skyline of Nairobi’s Upper Hill explain the country’s growing niche for best architectural designs.

President Uhuru Kenyatta’s regime promised to build at least half a million low-cost housing units between December 2017 and June 2022

Sheria Sacco Society plans to build a mixed-use development in Upper Hill, Nairobi valued at Sh3.33 billion.

Often, owners of land are proud of themselves, especially if they had to toil to buy it.

The negative wealth effect of depreciating home prices has rippled through to consumer confidence, curbing the desire to spend even on basic goods such as clothing.

Cases of landlords, caretakers and agents showing hesitancy to refund tenants’ security deposits abound.

Graduate engineers have a reason to smile after newly appointed Institute of Engineers of Kenya President Erick Ohaga promised to accredit them as professional engineers.

The Institute for Women’s Policy Research indicates that globally, the industry will need 62,000 new hires every month for the next three years.

Enablers of decent and inclusive housing will dominate Habitat for Humanity’s inaugural Africa Housing Forum (AHF) slated from May 12 to 14 in Nairobi.

Kenya’s pension funds have been known to be conservative in investments, choosing low-risk products such as government securities.

Developers who had pegged their loan repayments on rental income or receipts from selling finished properties have seen their calculations complicated by the low uptake of units.

One of the means to ensure only the right amenities show up at your doorstep is getting your property in the right zone.

The rising cost of construction materials, oversupply of space and reduced lending are key challenges facing real estate in the first quarter of 2022.

The residential and commercial sectors enjoyed improved performances in the first quarter of this year — both on average return to investors and prices.

The real estate developer has completed the construction of 45 per cent of the homes in its portfolio of residential projects in Kenya, while 55 per cent are at various stages of development.

Bamburi Cement has announced its entry into the specialised mortar sector by launching a ready-to-use tile adhesive.

Superior Homes’ Lake Elementaita Mountain Lodge is one beneficiary of what some may call an “unorthodox” location.

Property fund Ilam Fahari I-Reit (formerly Stanlib Fahari) has sunk into a Sh123.95 million loss for the year ended December 2021.

The Standard Group has organised a home expo aimed at promoting developments in the real estate sector.