REAL ESTATE NEWS
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The completion figures for Kenya's affordable housing program have sparked a significant debate, revealing stark discrepancies between President William Ruto's assertions and those of the Architectural Association of Kenya (AAK).
During his State of the Nation address on November 21, 2024,…
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The rapid growth of Kajiado town has emerged as a considerable challenge for the county government, driven by a significant rise in population and the proliferation of informal settlements.
The Kajiado Municipality Integrated Development Plan 2023-2027, published on November 11, 2024, outlines…
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Kenya's tourism industry is experiencing a notable surge as evidenced by the Kenya National Bureau of Statistics (KNBS) reporting a remarkable increase in international tourist arrivals.
The numbers escalated from 1.54 million in 2022 to 2.09 million in 2023, reflecting a 35.4 per cent rise. This…
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Kenya's real estate market is characterized by rapid urbanization, significant infrastructure initiatives, and a growing middle class.
These factors are drawing an influx of investors to various regions, each presenting distinct avenues for potential returns. At the forefront is the Nairobi…
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The government of Kenya has officially launched the sale of 4,888 newly completed Affordable Housing Units across 17 counties.
This initiative is an important component of the government’s strategy to ensure accessible housing for all Kenyans, with Kiambu County leading the distribution with 1,027…
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Nairobi's ambition to evolve into a modern smart city is increasingly bolstered by the proactive involvement of resident associations.
This is according to Dr. Julius Kipng’etich, Group CEO of Jubilee Holdings Ltd. Speaking at the 6th Annual Resident Associations Excellence Awards (ARAEA),…
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A newly released report by the Architectural Association of Kenya (AAK) has raised concerns regarding the structural safety of buildings nationwide.
According to the findings, less than half of the 1,333 buildings inspected during the 2023/24 financial year met essential safety standards. This…
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Kenya’s construction sector experienced a notable slowdown in growth during 2023, as reported in the 2024 Economic Survey released by the Kenya National Bureau of Statistics (KNBS).
The sector's growth decelerated to 3%, down from 4.1% in the previous year. However, notable advancements were…
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Despite the Kenyan government’s substantial commitment to expanding affordable housing, the initiative faces challenges in gaining public support.
A recent analysis from the 2024 FinAccess Household Survey indicates that education remains the foremost priority for the majority of Kenyans, with…
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Concerns are mounting within Kenya's building and construction industry as stakeholders unite against a proposed 35 per cent excise duty on essential materials such as tiles, sinks, and toilets.
This initiative, part of the Tax Laws (Amendment) Bill 2024, has ignited debate with industry…