MWAKILISHI
DIASPORA NEWS

Kenyan Diaspora in the US Launches $40 Million Housing Project in Malindi

Martin Olage Jul 09, 2024

A group of Kenyan expatriates residing in the United States has initiated an ambitious housing project valued at approximately Sh 5.1 billion ($40 million).

This expansive venture aims to construct 400 state-of-the-art residences across multiple investment phases in the coastal town. The project's inaugural phase known as Royal Tulia Gardens will see the construction of 96 houses in the Mtangani area, situated about 7 kilometers from Malindi International Airport in Kilifi County. These residences are designed to offer a harmonious blend of luxury, comfort, and elegance, catering to those seeking an upscale lifestyle in a tranquil, natural setting.

At the helm of this development is the Betts Townsend Taylor Company, a firm with a 27-year history of successful projects across Africa. Ralph Kilondu, who serves as the Chairman of both Capital Compass Group and Royal Tulia Gardens, emphasizes the critical need for expanding Malindi Airport. He asserts that the government is currently missing out on numerous business opportunities. The Royal Tulia Gardens project, set on a 4-acre parcel of land, will feature a mix of two and three-bedroom apartments.

Residents will have access to exclusive amenities and services, enhancing the overall living experience in this community. Capital Compass Group has highlighted the meticulously curated design elements of the Royal Tulia Residence which are intended to maintain an atmosphere of exclusivity and uninterrupted tranquillity. For Kilondu and other Kenyan investors based in the US, the project serves as a means to reconnect with their homeland and to create a lasting connection for their adult children.

"We want them to know that Kenya is home—a place where they can invest and actively contribute to the country's development," Kilondu explains.

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