× Business BUSINESS MOTORING SHIPPING & LOGISTICS DR PESA FINANCIAL STANDARD Digital News Videos Health & Science Lifestyle Opinion Education Columnists Moi Cabinets Arts & Culture Fact Check Podcasts E-Paper Lifestyle & Entertainment Nairobian Entertainment Eve Woman Travelog TV Stations KTN Home KTN News BTV KTN Farmers TV Radio Stations Radio Maisha Spice FM Vybez Radio Enterprise VAS E-Learning Digger Classified Jobs Games Crosswords Sudoku The Standard Group Corporate Contact Us Rate Card Vacancies DCX O.M Portal Corporate Email RMS

Urithi Housing Cooperative unveils properties in Mombasa

By Correspondent | February 3rd 2017

MOMBASA, KENYA: Real estate developer Urithi Housing Cooperative Society is set to test the Mombasa market with one and two-bedroomed luxury apartments.

A fully furnished one bedroom apartment at Kikambala, Mombasa, will go for Sh2.5 million while two-bedroomed apartment will be sold at Sh3.5 million upon completion.

The developer says its greenfield 200-home apartments will tap into a viable tourist market. Uriithi is targeting members who may want to invest and rent the facility to holiday goers but has already earmarked Sh700 million for the project.

The groundwork is set to commence in the next few months, funded through member’s contributions and internal cash reserves.

Share this story
Chamber of commerce suspends official
The Kenya National Chamber of Commerce and Industry (KNCCI) has suspended one of its senior executives over forgery charges.
Survey: Why 40 pc of workers want to quit their jobs
More than half of 18 to 25 year-olds in the workforce are considering quitting their job. And they are not the only ones.