Business Daily Africa’s Post

🏘️ Land Prices Surge While Apartment Costs Decline in Nairobi 📉 Business Daily Africa reports that land prices in Nairobi and surrounding counties like Kiambu, Kajiado, and Machakos have experienced a significant rise. The average cost for an acre in satellite towns such as Athi River, Juja, and Mlolongo now stands at Sh30.4 million, marking the largest increase in nearly a decade. At the same time, high-end apartment prices have dropped due to an oversupply in the market. This shift reflects a growing demand for land, especially in middle-class areas, as investors look for more flexible investment options. For businesses and investors, it’s essential to stay informed on these market trends to make data-driven decisions in real estate and investment. #RealEstate #Investment #MarketTrends #PropertyMarket

Are you interested in acquiring a piece of land, a warehouse for your business or even an apartment around Nairobi? Securing your ideal property doesn't have to be a headache, We efficiently help our clients source for the best property deals in the market. Book visits with us Monday to Friday 9AM to 2PM. Contact us now on 0707 954668 for more details and options. Enjoy your weekend #reenkaproperties #realestateinvesting #realestate #nairobi #property

Quite interesting! As a 90s millennial, I was happy to see a traditional ad from 1981 and because I did communication and advertising in school, I was reminded of so much. From a communications or advertising standpoint, I have seen recent conversations which suggest that most companies are now shifting back towards traditional kind of advertising and it's a trend we expect to rise fast. Here are my thoughts why 👇 📌 Such an ad now will break through the digital clutter. Analog world junkies like myself would still want to purchase a newspaper if it offer well researched and written content I'd want to read (Not just politics.) 📌 The costs of traditional media are predicted to fall and the digital media will introduce premium options. It simply makes good economic sense to rebalance spending away from digital clutter. 📌 Most companies will be looking at capitalizing on consumers trust in traditional advertising. Critics have long predicted the demise of traditional advertising. However, it is alive and well and headed for growth for the first time in a decade. This 👇 is one of the reasons that confirms the direction... #ads #advertising #communication

Never Buy an Offplan Property in Kenya without taking these 8 steps! Buying an offplan property, especially an apartment, in Kenya involves the following steps; Initiate the process by engaging with a reputable real estate agent to help you find a property that matches your preferences and requirements. Once you’ve selected a property, your real estate agent will connect you with the property developers/owner. The developers will then prepare an offer letter that outlines the terms and conditions of the property purchase. The offer letter acts as a reservation of the unit. The offer letter will be accompanied by necessary documents such as the title deed, company registration form, property search, and NEMA approvals, among others. The offer letter is valid for 7- 14 days within which you need to conduct due diligence on the property, which involves reviewing the documents and ensuring all legal aspects are in order. It is advisable to use a lawyer for due diligence. After conducting due diligence, you’ll need to sign the offer letter and make a required deposit, typically ranging from 20% to 30% of the property’s total value. After making the deposit, you can propose a payment schedule that suits your financial capabilities, as long as it aligns with the project completion period. Payment schedules can be on a monthly, quarterly, or every six months basis. The developers will then prepare a legally binding sale agreement for the property purchase. Review, sign and send it back. Once the property is completed and you have completed the payment, the unit will be handed over to you. As a property owner, you will receive a sectional title that serves as proof of ownership of your specific unit and shared ownership of common amenities in apartment complexes or gated communities. Better call Sydia +254 759 333 300 for all your Nairobi Real Estate needs!🤩 #sydiarealty #tipstuesday #tipstuesdaywithsydia #nairobikenya #nairobirealestate #explorepage #viral

PHASE 2.. RESIDENTIAL PLOTS IN A GATED ESTATE,EASTERN BYPASS,NEIGHBOURING NORTHLANDS CITY. 🏡 Minimum deposit of ksh 750,000 only. 🏡 Easy flexible instalments of upto 6 months. 🏡 Located 34km from Nairobi City. 🏡 Gated plots in a controlled Estate. 🏡 Neighbouring Northlands City. 🏡 Serene developed neighbourhood. 🏡 Size 50 by 80. 🏡 Ready title deeds. 🏡 Price inclusive of Title deed fee. 🏡 Power and water available for connection. 🏡 Excellent proximity to all essential amenities. 📌 Free daily site visits. PRICE; KSH 2,500,000 (inclusive of Title deed fee)

Economic uncertainty resulting from political unrest is now being linked to slow business in Kenya’s property market in the third quarter of this year. ✔Apartments, which account for the bulk of available units for sale (67.7%) and letting (62.8%) in Nairobi’s in city suburbs and satellite towns, lagged-behind standalone units in price appreciation during the period. ✔ Seven out of nine suburbs with apartments reported negative price movement, as did six out of nine satellite towns. ✔ Kileleshwa, Kilimani, Lavington, Muthangari, Riverside, Upperhill and Westlands reported negative price movement of 0.2%, 0.4%, 1.1%,1.1%,2.1%,1.4% and 1.5% respectively. Only Langata and Parklands reported positive growth of 0.4% and0.8% respectively. https://lnkd.in/dsDsf-sb

The 3 things you need to get started with property purchase Thinking of buying property in Kenya? Here's what you need to know to get started! 🏡 Ready to take the first step? Comment 'Emerald' and we'll get into it. #BetterCallSydia #Sydiarealty

Why Buy Land in Ruiru Kamakis? 1️⃣ Prime Location: Strategically positioned along the Eastern Bypass, Ruiru Kamakis offers easy access to Nairobi CBD, Thika, and JKIA, making it ideal for both residential and investment purposes. 2️⃣ High Growth Potential: With rapid infrastructure development, including modern roads, schools, and shopping centers, Ruiru Kamakis is a fast-growing area with appreciating property values. 3️⃣ Peaceful Environment: Enjoy serene surroundings, perfect for building your dream home or a peaceful retreat away from the city hustle. 4️⃣ Secure Your Future: Owning land in a prime location like Kamakis is a long-term investment that guarantees excellent returns.

Investing in Islamabad's real estate market can be an attractive opportunity for several reasons: 1- Strategic Location 2- High Demand 3- Quality of Life 4- Infrastructure Development 5- Stable Real Estate Market 6- Government Initiatives 7- Economic Growth 8- Rental Yield 9- Foreign Investment 10- Tourism and Cultural Significance In conclusion, Islamabad’s real estate market offers a combination of strategic advantages, stable returns, and growth potential, making it a compelling choice for investors.