Month: July 2021
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Twisted Steel Rebar and Mabati Prices in Kenya. 2014 to 2021
Steel. Twisted steel price for D8 reinforcement bar was kes 400 in 2014. Current[2021] price for the same D8 is kes 550. This represents a 37.5% increase for the last 7 years, around 5% increase per year. Mabati. Steel roofing mabati sheet prices for gauge 32 , 2meter long , was selling at kes 400…
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Crowdfunding Real Estate in Kenya.
How investors are enticed back into real estate developments Real estate projects in Kenya have for the last few years witnessed scenarios where investors have lost their hard earned cash in property deals tat did not materialize as envisaged. https://www.businessdailyafrica.com/bd/news/troubled-ekeza-sacco-begins-refunding-members-deposit-2276306 https://www.standardmedia.co.ke/business/real-estate/article/2001371299/agony-of-banda-homes-investors https://www.standardmedia.co.ke/nairobi/article/2001380956/bloggers-barred-from-publishing-libellous-articles-against-urithi-housing-firm Humans have a nesting and homing instinct. Humans produce hormone estradiol, which, among…
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Miami Champlain Towers collapsed building. 1981 Sales advert.
The Miami Champlain towers was built in 1981 . Sale price then was USD 140,000, approximately KES 14million. Current sale price of the 2 bedroomed unit is approximately usd 600,000, kes 60,000,000 This works out to around 10% price appreciation per annum from 1981 to 2021. In Kenya, land appreciate at around 20% per annum.…
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Miami Champlain Towers Building Collapse.
[youtube https://www.youtube.com/watch?v=TrP-Zl7NHzE&w=560&h=315] The Miami Champlain towers building was constructed in 1981, making it 40 years old. Its next to the ocean, front row. This proximity to the ocean means that the air and moisture around it has elements of salt within it. Salt accelerates steel reinforcement corrosion. This corrosion reduces the size of the steel…