Prepare to Face the Worst Housing Deficit Since 2008
According to Housing Permanent Secretary Tirop Kosgey and a report from a government-sponsored survey, the housing deficit currently stands at 550,000 units, which is almost 4 times more than 2008.
How Much Would You Pay to Own the Cheapest House in Kenya?
The cheapest house in Kenya costs KES 2.5 million. What would you do if you had all that money to spare?
Buy a House for as Little as KES 999,000
MiNeco House, a local construction firm, is selling housing units for as little as KES 999,000; and that may not be the best deal in the market.
High Quality Housing from Centum Investments
Centum Investments has embarked on a project to provide Kenyans with luxury housing units. The initiative promises to deliver hundreds of living spaces and world class facilities.
I&M Bank Drops Mortgage Rate to 16.5%
I&M Bank lowers its mortgage rate, becoming the country's second most affordable housing lender.
8 Things to Do Before Selling A House
Owning a house is like having a nest egg. It’s an investment that can be cashed in when the owner decides to lease it or sell it at a profit. Pesatalk previously covered tips on buying a home. This week, we take…
Conservancy to Build Houses Next to Wildlife Reserve
Ol Pejeta Conservancy has announced plans for the construction of an estate that will be located next to a wildlife reserve on the outskirts of Nanyuki town. The project, dubbed Mount Kenya Wildlife Estate is part of an initiative aimed at generating income that will…
8 Crucial Things When Applying for a Construction Loan
A report by NIC Bank and Housing Finance states that Kenyans are in desperate need of decent and affordable housing. The survey reports that 84% of the country’s urban population lacks the means to even take up a mortgage. In light of these developments, some lenders have…
Tallest Residential Building in Nairobi Set for Construction
Kenya is set to see the construction of a 22 storey luxury apartment and business complex that will be the tallest residential building in Nairobi. The project, dubbed Le’ Mac, follows the recent luxury housing boom which has prompted developers like My…
Flexible Housing Loans, What You Need To Know
A flexible mortgage is a housing loan that gives the borrower the freedom to make payments whenever the money is available. Sounds like the ideal type of loan doesn't it? But what does the fine print say?
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