REAL ESTATE NEWS
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Flood risk in real estate refers to the potential for flooding to affect a property's physical condition, usability, insurability, and overall market value.
Diligent investors typically conduct a range of assessments to gauge a property’s worth; this includes registry checks, title verifications,…
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A recent collaborative study conducted by the African Population and Health Research Centre and Drexel University has revealed alarming trends in spinal cord injuries (SCI) among labourers in Kenya's rapidly expanding construction sector.
Focusing on cases from 2016 to 2020 at three major hospitals…
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Dr. Chrispus Wachira's ambitious real estate venture in Kajiado is reshaping the local housing landscape.
Invested in over 40 acres in Kiserian, 17 kilometres from town and 48 kilometres from Nairobi, Dr Wachira is set to launch a 259-unit development featuring bungalows and maisonettes. Initially…
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Recent data from the Kenya National Bureau of Statistics (KNBS) indicates that the real estate sector in Kenya has made a remarkable contribution to the national economy, with a 33.7 percent increase in its GDP contribution between 2023 and 2024.
This upward trajectory highlights the sector's…
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Economic challenges are significantly impacting Kenya's property market, particularly in satellite towns surrounding Nairobi, as indicated by the latest Hass Land Price Index for the fourth quarter of 2024.
The report highlights a marked deceleration in land price growth, which registered a modest…
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Property prices in Nairobi and its surrounding areas experienced a notable increase of 5.2 percent in 2024, a significant rise from the 2.5 percent growth recorded the previous year.
This acceleration in market activity has been primarily attributed to a growing demand for standalone homes, which…
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A new study by the Kenya National Bureau of Statistics (KNBS), as part of the Kenya Housing Survey 2023-2024, reveals that flats and apartments constitute a staggering 77.1% of rental properties across Kenya.
Conducted by the National Statistician, this survey provides a comprehensive analysis of…
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Nairobi's hospitality sector has welcomed its latest luxurious offering with the grand opening of the Hyatt Regency, which commenced operations on Wednesday.
This new high-end hotel aims to attract an upscale global clientele with its spacious accommodations, large television screens, a spa, and a…
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In the final quarter of last year, Nairobi's real estate market underwent a notable shift, characterized by a decrease in rental prices across several suburban and satellite towns.
A report released by Hass Consult on January 22 reveals that prominent areas such as Karen, Kileleshwa, Muthaiga,…
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A substantial segment of the Kenyan population remains largely uninformed about the government's Affordable Housing Programme (AHP), despite considerable promotional efforts.
According to findings from the Kenya National Bureau of Statistics (KNBS), 46.4 percent of adults are unaware of the AHP,…
