A4architect
a4architect posts
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Residential Land price appreciation in Kenya around Nairobi.2000 to 2013.
Residential Land price appreciation in Kenya around Nairobi.2000 to 2013. High cost land. Example. Karen, Runda. High cost areas such as Karen and Runda had land price per acre at kes 3m in 2000. 5 years later in2005, the same acre sold for between kes 7m to kes 10m. This represents 30% price appreciation per…
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Return on Investment for Rent vs Sale in Kenya.
Return on Investment for Rent vs Sale in Kenya. Real Estate investors can opt to invest in rental or sale properties. Each of these has its own advantages and disadvantages. Rental property. Advantages. Assured regular monthly income for a long time. Lower cost of construction compared to projects for sale. Ability to let kin inherit…
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Difference in Cement cost between Local Fundi mix ratio vs. specified ratio.
Difference in Cement cost between Local Fundi mix ratio vs. specified ratio. In Kenya, majority of the local construction developers who have no full architectural and structural engineering services rely on the local fundis and foremen to guide them on the mix ratios for cement, sand and ballast. The local fundi mix ratio is usually…
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How Architectural services help to improve Real Estate earnings.
How Architectural services help to improve Real Estate earnings. Architectural service is in two main parts. 1. Architectural Design. 2.Construction project Management. Architectural design. This helps to ensure that the best arrangement of the building in relation to the land boundary is achieved. This helps to ensure more units can be fitted within a piece…
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Joint Venture in Kenya. 100% financing for Real Estate Projects. Highest Return on Investment .
Joint Venture in Kenya. 100% financing for Real Estate Projects. Highest Return on Investment . Joint Venture for construction of buildings in Kenya is now a common occurrence . Many buildings are being financed this way. Notable buildings financed this way are the Suraya Housing project along Kiambu road, Everest park at Athi River and…
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Differences between High, Middle and Low cost houses in Kenya.
Differences between High, Middle and Low cost houses in Kenya. High cost houses have a construction cost of kes 40,000 per m2 and above. Middle cost have between kes 25,000 to kes 40,000 and low cost have kes 25,000 and below. High cost. Example of this is projects such as Kihingo Village in Nairobi. Notice…
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Kenya Construction Industry at 50 years.
Kenya Construction Industry at 50 years. Kenya attained its independence from the British in 1963. Its now 50 years since. Below is an overview on the changes that have taken place within the construction industry. Prior to colonization of Kenya by the British in 1895, the architecture in Kenya was traditional. Each community shaped its…
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National Construction Authority Bill 2011
http://www.kenyafmb.org/documents/National_Construction_Authority_Bill__2011.pdf THE NATIONAL CONSTRUCTION AUTHORITY BILL, 2011 ARRANGEMENT OF CLAUSES Clause PART I!PRELIMINARY 1!Short title and Commencement. 2!Interpretation. PART II!THE NATIONAL CONSTRUCTION AUTHORITY 3!Establishment and incorporation of Authority. 4!Headquarters. 5!Functions of the Authority. 6!Powers of Authority. 7!Membership of the Board. 8!Vacation of office. 9!Conduct of business and affairs of the Board 10!Remuneration of Board members.…
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High rise Housing project, Bamburi, Mombasa
HOUSING PROJECT, BAMBURI, MOMBASA Cost Item Kshs % Land 330,000,000.00 24.79599657 Preliminary 2,400,000.00 0.180334521 Construction 756,000,000.00 56.80537397 External Works 22,680,000.00 1.704161219 Contingency 11,340,000.00 0.85208061 Professional fees 37,800,000.00 2.840268698 Project Management fees 7,560,000.00 0.56805374 Marketing 27,000,000.00 2.028763356 Financial Charges 136,080,000.00 10.22496731 Total 1,330,860,000.00 100 Financing Plan Kshs % Developer 574,860,000.00 43.19462603 0.00 0 Debt Finance…