REAL ESTATE NEWS
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Many Kenyans face significant barriers to homeownership due to substantial upfront costs required before mortgage repayments can begin.
The Central Bank of Kenya’s 2024 Annual Supervision Report shows that the average mortgage interest rate is 14.9 percent, with typical loan terms of 11 years.…
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Zurich has topped the IMD Smart City Index for the seventh consecutive year, with Oslo, Geneva, London, and Copenhagen completing the top five, according to the 2026 report released on Tuesday by the IMD World Competitiveness Centre.
The IMD Smart City Index 2026, titled The Quest for Trust and…
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The Environment and Land Court has halted construction on a government housing project in Githunguri, Kiambu County, pending the hearing of a constitutional petition.
Justice Ann Mogeni issued conservatory orders stopping all activity on the 58-acre site. The court directed that the status quo be…
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Property owners in Nairobi are increasingly partnering with international hotel brands to strengthen their position in the serviced apartment market.
Nairobi’s serviced apartment sector is undergoing a significant shift as more developments align with global hospitality brands. What was once…
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Weeks of sustained rainfall have caused severe flooding across Nairobi, damaging homes, disrupting transport, and leading to structural failures in several buildings.
Streets have been submerged, residential areas inundated, and some structures have collapsed after prolonged exposure to water.…
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Karen continues to attract Kenya’s political and business elite, with land prices rising and demand remaining strong.
Located on Nairobi’s outskirts, Karen is defined by large homes on expansive plots, tree-lined streets and well-maintained gardens. The suburb is home to President William Ruto,…
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The Kings Orchid Affordable Housing Project in Thika is 72 percent complete, with construction progressing under a Sh3.07 billion contract awarded to Kings Developer Limited.
The development is located on a 2.61-hectare site along Kenyatta Highway and will deliver 975 housing units, including…
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The TelPosta Pension Scheme is selling its real estate holdings, offering residential units and land to buyers through a competitive tender process.
The sale, detailed in a tender notice dated 12 March 2026, is in response to legal limits that restrict state corporations to property assets…
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The government has asked the Environment and Land Court to lift an order stopping construction of the Southlands Affordable Housing Project in Lang’ata, warning that further delays could lead to financial losses and legal claims.
Housing and Urban Development Principal Secretary Charles Hinga told…
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Builders and homeowners in Kenya are adopting alternative walling methods as construction costs rise, turning to cheaper materials and techniques to reduce expenses.
The increasing cost of cement, sand, and quarry stone is prompting a shift in building practices, particularly in rural areas.…
