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Affordable Housing in Kenya

How Tech Innovations are Disrupting Affordable Housing in Kenya

Affordable Housing in Kenya is the recent investment niche that caters to a large number of prospective and existing investors. Technology has enabled an end-to-end investment solution by providing the tools to respond to the needs in the real estate sector, hence the disruption. The biggest challenge has been financing because of limited resources, the cost involved with the building and acquisition of...

Loan Guarantors in a Sacco Fear the Risk of Losing their Shares

The Dilemma of being a Loan Guarantor in a Sacco

Have you ever received a phone call asking you to tell someone you know to pay their loan? Why? Probably because you were their loan guarantor for a particular instance in your membership. Loan guarantors make the lending system in a Sacco possible. The essence of guarantors in a Sacco is to manage the risk by spreading it to several members. Being a guarantor is committing to protect Sacco’s assets...

Definition of Real Estate Terms

  It can be a tough sport for many when it comes to real estate because of the massive vocabulary used. We have compiled a list of important Real Estate terms for you so that you can be able to navigate through this industry. Lender- A lender is a financial institution or person that loans money to another party for the purpose of purchasing real estate. Mortgage- A mortgage is a loan that is...

5 Myths and Misconceptions about investing in Real Estate

Real estate is an opportunity for financial freedom but there is a lot of information around that might be misleading. The myths and misconceptions have been contributing to hesitance for people who are looking to invest.  Thorough market research is required before investing to prevent the knowledge you have acquired from being overshadowed by false perceptions in this sector.  Myth 1: You Need a...

Real Estate Trends in Kenya 2022

According to Statista, Kenya's real estate sector grew by 6.1 percent in the first quarter of 2022. For the past two decades, the Kenyan real estate market has grown exponentially.   This growth can be attributed to the government’s investment in public infrastructure development projects and the real estate sector. We can see improved roads, railways, ports, and an upgrade of key...

Affordable housing

How Does Affordable housing work?

Former President Uhuru Kenyatta launched an affordable housing program as one of four major agendas of his manifesto to promote long-term economic development at the beginning of his second term in 2018. His government had planned to deliver 500,000 units by the end of 2022. However,  they have only delivered about 1,000 units through the Pangani and Park Road Ngara projects.  What is Affordable...

Apartment For Sale Membley

Why Student housing demand will keep driving the property market upwards.

The population of Kenya is mostly composed of young people according to research. Almost 70% of the population is composed of youths aged between 18-35. This by default means that most of them are in school or joining one.  If you ever went through tertiary education in Kenya, you must have faced a common issue every campus or college-going student has met, accommodation.  I remember studying at...

Naivera Holdings Ltd appoints a new Advisory Board Member.

We are happy to have Derek Kessen join the Naivera Advisory Board. Derek Kessen serves as the Managing Partner of Legacy Ventures Partners and CEO of On-Center Consulting, providing growth capital and strategic advisory services to small businesses and nonprofits. Derek has spent 16 years in the capital markets with experience in fixed-income, credit analytics, trading, investment banking, and...

How Affordable Housing Problem is a golden opportunity for Credit Market players in Africa.

We are living in uncertain times. The business environment has become extremely harsh, financial markets have declined and have become highly volatile, the economy has generally slumped, and the cost of living has increased drastically.  With all this happening, people must adjust and make more brilliant borrowing and investment decisions to develop resilience and thrive. The future will be...

studio apartments for sale in juja

FAQs (Frequently Asked Questions) About Romar Studio Apartments

What is a studio apartment? By definition, a studio apartment is an apartment that features only one main room that includes everything; Bedroom, Kitchen, Living room & Dining room. It is self-contained with better amenities than a bedsitter. How much does one unit cost? Our units are currently going for Ksh.850,ooo. Can I pay in installments? From the beginning of the project until the past...

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