Elevators: Newest craze in Nakuru's property market

Jenifer Riria Hub, Nakuru. [Harun Wathari, Standard]

Architect Zebeddy Wakwabi welcomed the new developments, noting that Nakuru residents and developers are financially conservative when it comes to the property market hence the reason why most of the commercial buildings in the CBD lacked elevators.

"Purchasing and maintaining installed elevators is an expensive exercise that can only be pursued by a few committed and financially endowed landlords, who are out and ready to invest heavily in modern infrastructural technology in the city," said the architect whose experience spans over 40 years.

"It is mandatory by law that any commercial buildings with five floors and above must be fitted with elevators as opposed to the less than four storey commercial or residential buildings," he observed. While giving practical examples, Wakwabi said commercial buildings fitted with elevators are highly attractive and competitive to tenants.

"Buildings fitted with elevators whether commercial or residential are very attractive to tenants and their rent ability is higher and is highly demanded by tenants as opposed to those that miss these facilities," he said.

Mr Wakwabi revealed that he designed three buildings outside the CBD, which were fitted with elevators that have turned out to be attractive to tenants despite being far from the CBD. "The fact that such buildings have these facilities has made them to be attractive hence the distance from the CBD to their location is not a big deal to tenants," noted Wakwabi.

However, Wakwabi warned that residential houses fitted with elevators in Nakuru could miss tenants owing to rent affordability.

He hinted that it'll take time before the city's habitants come to terms with the true realities of such modern buildings that are crucial to the growth of a town.

"The city's residents still lack the financial power to rent elevator-fitted-residential houses and that's why we still don't have many of them here. It'll take time before they come to terms with the realities of the demands that go with such houses and the growth of the city," said Wakwabi.

Elly Ogutu, a real estate consultant and the managing director of De-Negotiators Enterprises said Nakuru residents are yet to comprehend the need to occupy such residential houses fitted with elevators.

Being a traditionally agricultural town, the city has remained modest in its housing wants, he adds. "Yes, we can have these kinds of residential houses but the big question is whether they'll get immediate occupancy as the case in Nairobi and developed cities around the globe. For Nakuru city, it's good planning whose fruits will be reaped later," said Ogutu.

"It'll take time before our residents come to terms and embrace this type of technology."

According to Ogutu, the middle-class estates of Freehold, Naka and Shabab could soon come to terms with modern real estate developments in their areas.

Population pressure that the city has faced since the 2007 post-election violence may force a demand for high-rise houses and modern buildings, whether they are fitted with elevators or not.