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Housing costs in Kenya. Why cost of acquiring a home in Kenya is high.
Housing costs in Kenya. Why cost of acquiring a home in Kenya is high. On average, Kenya has one of the lowest construction rates in the world. Kenya also has one of the highest land prices in the world, much higher than in developed countries such as USA. Housing cost can be divided into 3…
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Viability between bedsitter, 1,2,3 bedroomed apartment. Return on Investment
area cost cost per floor no of units per floor rent Rent per year ROI bedsitter rent 6000 22 550,000.00 5,500,000.00 10 60000 720000 7.64 1 bdm rent 8000 30 750,000.00 4,500,000.00 6 48000 576000 7.81 2 bdm rent 11000 60 1,500,000.00 6,000,000.00 4 44000 528000 …
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Kinoo, Kikuyu Seeking Joint Venture for development of apartments.
Cost Item Kshs % Land 32,000,000.00 12.74595714 Preliminary 1,260,000.00 0.501872062 Construction 140,000,000.00 55.7635625 External Works 7,000,000.00 2.788178125 Contingency 2,800,000.00 1.11527125 Architectural fees 8,400,000.00 3.34581375 Quantity Surveying 1,400,000.00 0.557635625 Structural Engineering 2,800,000.00 1.11527125 Elec/Mech Engineering 1,400,000.00 0.557635625 Interior Design/Landscaping 700,000.00 0.278817812 Legal fees 1,400,000.00 0.557635625 Project Management fees 1,400,000.00 0.557635625 Marketing 8,500,000.00 3.385644866 Financial Charges 42,000,000.00…
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Joint Venture,highrise apartments, Ngong road
Cost Item Kshs % Land 64,000,000.00 12.13732626 Preliminary 1,260,000.00 0.238953611 Construction 297,450,000.00 56.41012025 External Works 14,872,500.00 2.820506013 Contingency 5,949,000.00 1.128202405 Architectural fees 17,847,000.00 3.384607215 Quantity Surveying 2,974,500.00 0.564101203 Structural Engineering 5,949,000.00 1.128202405 Elec/Mech Engineering 2,974,500.00 0.564101203 Interior Design/Landscaping 1,487,250.00 0.282050601 Legal fees 2,974,500.00 0.564101203 Project Management fees 2,974,500.00 0.564101203 Marketing 17,351,250.00 3.290590348 Financial Charges 89,235,000.00…
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Site Pictures
stair case area. pic above. 1st floor balcony area below 1st floor family room toilet next to terrace ist floor family room next to terrace/triangular window area 1st floor terrace area below kitchen on ground floor ground floor entrance lobby first floor staircase landing area master bedroom area with partial old wall bedroom on…
