In Summary
  • Presently, the area which stretches between Nairobi and Machakos counties, is dotted with modern maisonettes, bungalows and storey flats-both for commercial and residential use.
  • According to Mr Sammy Kanyoro, the sales manager, the project is being implemented in two phases-the first one comprising of 60 units is already complete and occupied.
  • When the project begun, the units were costing four million shillings but the cost has since gone up to five million shillings, mainly because of inflation and the increasing property value.

For a long time, while other areas in the outskirts of Nairobi continued to experience unprecedented growth, Ruai, Joska, Kamulu and other areas along Kangundo Road had remained stagnated, thanks to lack of infrastructure which was discouraging investors.

But the area, which despite its proximity to the capital looks like a semi-arid area, mostly because of under development, is now getting a major facelift after investors begun putting up housing projects not only to rental, but also for sale.

Presently, the area which stretches between Nairobi and Machakos counties, is dotted with modern maisonettes, bungalows and storey flats-both for commercial and residential use, and in almost every corner, more buildings under construction.
Several hardware establishments selling construction materials have also camped in the main trading centres in the area such as Ruai, Joska and Kamulu, a manifestation of booming property sector in the area where rates have shot up by even 300 per cent.

For instance, Soil Merchants Limited, a real estate firm that has existed for ten years, is putting up a multimillion gated community near Malaa Trading Center dubbed “Kamulu Heights” which comprises of 100 two and three-bedroom master en suite bungalows.

According to Mr Sammy Kanyoro, the sales manager, the project is being implemented in two phases-the first one comprising of 60 units is already complete and occupied, while the second phase will have 40 units.

Each of the units is meticulously set on an eighth acre plot of land complemented with features such as tarmacked access roads, cloakrooms, ceramic floors, large parking for three cars and a sizeable compound with lush landscape gardens.

NINETY PER CENT COMPLETE

Mr Kanyoro said the project which kicked off last year, and which will increase the total number of units constructed by the firm over the years in Thika, Kiserian, Ngong, Kitengela and Rongai, is expected to be complete by the end of February next year, noting that the current phase is already ninety per cent complete.

When the project begun, the units were costing four million shillings but the cost has since gone up to five million shillings, mainly because of inflation and the increasing property value since the area has continued to attract more investors.

“Previously, very few people, especially those who commute to the capital would have thought of settling in Kamulu and other areas around it because they considered it to be not only far but also undeveloped compared to other areas like Rongai, Kitengela and Athi River. But with the construction of Kangundo Road and the skyrocketing of land prices near the city, has lured investors in the area leading to an increase in land prices,” Mr Kanyoro said.

One can buy the houses either in cash or through mortgage, whereby one makes a 10 per cent deposit and financing of 90 per cent is arranged between the bank, developer and buyer, with the ownership documents serving as security.

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