An upcoming Sh500 million exclusive Malindi resort owned by Italian billionaire Flavio Briatore will open its doors in August.

Mr Briatore, who was on a one-day inspection tour of the project at the weekend, arrived at the Malindi Airport aboard a private luxur...

Nairobi dropped 10 places in a ranking of the world’s hottest high-end property markets as the high cost of loans and political uncertainty slowed appreciation of house prices.

The Wealth Report 2013 by global property consultancy Knight Frank shows average pro...

The first time Ian Kahara and Kimiti Wanjaria were mentioned in the Business Daily, some readers were surprised and questioned how the young investors were able to venture into the lucrative real estate market despite their young age. They were both 29 at the tim...

Safaricom Investment Co-operative has unveiled Sh1 billion housing project on a five acre parcel of land in Mlolongo.

The 300 housing units dubbed, Blue Bells Garden will be constructed in two phases. They will be completed in 2015.

The project will...

Despite the challenges of late 2011 due to a weakened shilling, the long-term prospects for the real estate sector appear to be promising.

This is according to industry players, who have reviewed the factors that could work in favour of the property market in t...

Increased buyer activity in developments in the outskirts of Nairobi has seen a rise in developer interest, with now more than five multi-million real estate projects coming up in Thika, a town synonymous with industrial and agricultural activities.

Properties...

Have you ever desired to own a home? If so then you must have grappled with the question of whether you should save to build a house or buy a ready house?

That is the focus of this k24 episode of "personal finance".

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High-end home seekers are turning to Thika as an alternative to Nairobi’s skyrocketing housing prices.

This has given property developers in this town support, with those developing exclusive gated communities reaping the most benefit.

“As land and h...

Realtors are crossing their fingers hoping for an increased public interest on developments, which if it turns out to be the case, will once again spark real estate growth like was witnessed a few years back.

However, as Kenyans settle down after a taxing elect...

Depressed in the middle of shanty buildings, residents of a middle class estate of Langata cry foul about the ever encroaching city slum next door.

The once serene estate has now become a sight to behold - blocked sewers especially during the rains spew filth o...

Kenyatta University plans to create the first ‘city within a university’ in Kenya with the construction of a hotel, hypermarket, retail shops and an auto care centre among other services at its main campus.

The plans to construct the infrastructure and create a...

As land and housing prices in Nairobi continue to escalate, property developers in the metropolis are recording renewed sales strength driven by buyers’ search for affordable luxury living – across first, second and retirement homes.

Properties in the Thika are...

A property dealer lost Sh90 million in a 100-acre land deal that turned out to be fake, a court was told on Monday.

Mr George Gacheru Mungai of Gachewa Group of Companies said he paid some people Sh90 million in exchange for the land in Isinya, Kajiado County,...

When the ground breaking for Batians Peak Apartments was done, the storey building was to house apartment units that were to be sold to individuals.

Upon their completion, however, the owners of the building saw a different option of turning them into furnished...

High mortgage costs in Kenya have raised re-payment rates on house loans to double the rental earnings on property, a survey by real estate firm The Mortgage Company (TMC), has showed.

Developers of mortgage financed houses who rent out complete units are there...

Tenants in the country pay a higher proportion of income in rent than their counterparts in any other part of the world, a new report has shown.

Further, 80 per cent of Kenyans living in urban areas do not stay in their houses.

Launching the 2013 fir...

Foreign property dealers from Dubai and London have stepped up sales of high-end apartments targeting wealthy Kenyan home buyers.

Emaar Properties, the Dubai-based real estate firm that developed the world’s tallest building, Burj Khalifa, is back in town with...

When Tilda Meja and her husband bought an eighth of an acre in Kitengela, opposite the Export Processing Zone, the cost of land was then Sh1 million. They thought they had landed a deal and half, but the black cotton soil in the area soon proved a headache they had not ba...

Protus Nyamweya, a property dealer with over 11 years’ experience in the US and Kenyan housing market, knows all to well what a real estate bubble can do to an economy, having found himself in the middle of the American housing crisis in 2009.

So dire was the s...

High-net-worth individuals from the UK, Italy and the United Arab Emirates were the top three foreign buyer nationalities of luxury residential properties in Nairobi.

In Knight Frank’s latest Global Development Review, the foreign buyers were the main buyers of...

1 Going it alone: Buying a house is probably the most intricate and time-consuming thing you will ever do. While, for instance, buying a car only requires a sale agreement and a couple of handshakes between you and the seller before the log book is transf...