Insights

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Kenya Surpasses South Africa as Top Destination for Expatriates to Reside

Kenya has emerged as the leading African nation of choice for expatriates to initiate their settlement journey, attributed to factors such as language accessibility, housing availability, and affordability. This distinct advantage positions the East ...

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KILIMANI 'THE NEW CENTER'

KILIMANI has seen significant growth in the average residential unit price over the last 5 years. This is due to multiple factors including the expansion and creation of new roads making it one of the most easily accessible areas in Nairobi. This has ...

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Nairobi's Population Boom: The City That Never Sleeps

In recent years, Nairobi has undergone a remarkable transformation fuelled by a surge in population growth. According to the United Nations – World Population Prospects data, the metropolitan population of Nairobi saw a steady rise over the yea ...

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Kenya Leads Africa's Investment Landscape

According to the latest Africa Investment Report 2023 by UK-based research firm Briter Bridges, Kenya has emerged as the top investment destination on the continent. The report reveals that investors injected over Ksh131 billion (806 million USD) int ...

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Chinese Investors Launch Property Developers Association, Declare Kenya “Our Second Home”

Chinese investors have officially inaugurated the Chinese Property Developers Association(Kenya) in Nairobi, marking a significant development in the real estate sector. This newly formed association is poised to play a pivotal role in advancing prop ...

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Kenya Eyes a 6% Economic Growth in 2024

The Central Bank of Kenya (CBK) forecasts a 6 percent growth for Kenya's economy in 2024, propelled by increased agricultural output and expansion in the services sector. CBK Deputy Governor Dr. Susan Koech revealed that the bank anticipates a growth ...

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The Paradox of Land Pricing in Nairobi

In the real estate market of Nairobi Metropolis, an intriguing trend emerges: smaller land parcels often fetch higher prices than their larger counterparts. Some Land Indexes reveal that specific areas in Nairobi witness greater investment in th ...

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UNLOCKING PROFIT POTENTIAL

Airbnb has established itself as a transformative force in Kenya's short-term rental market, reshaping the real estate landscape from urban hubs like Nairobi to serene getaways like Watamu, and even remote destinations like Maasai Mara. Born out of a ...

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Exploring the Surge in First-Time Home Buyers in 2023

Tagline: Research shows that 50% of home buyers in 2023 are first-time home buyers In the ever-evolving landscape of real estate, 2023 has emerged as a pivotal year. According to recent research, a remarkable shift is underway, with first-time home ...

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The Enchantment of Kenya's Thriving Real Estate Market

Kenya's real estate sector has undergone remarkable growth, outpacing industries like manufacturing, services, and agriculture. Real estate has emerged as the preferred choice for investors, surpassing once-favored investments like equities. Recent ...

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Kenyan Diaspora's Growing Impact on Real Estate Investments: A Detailed Insight

In recent years, a significant trend has emerged among Kenyans living abroad who are opting to invest in the real estate market back home. This blog explores the various factors driving this trend, shedding light on the motivations, preferred investm ...

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The Pivotal Significance of Location in Real Estate Investment

In the realm of real estate, the adage "Location is everything" holds immense truth. The significance of a property's location cannot be emphasized enough, as it fundamentally influences property value, investment potential, and overall satisfaction. ...

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Understanding the MRI Tax on Residential Rental Income in Kenya

In recent years, Kenya has witnessed significant growth in the real estate sector, with a surge in residential properties available for rental purposes. Alongside this boom, the government has introduced measures to ensure that this income is appropr ...

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UNOPS Relocating its Office for Project Services to Nairobi

The United Nations (UN) is shifting its Africa projects management unit to Nairobi, signaling its commitment to focus on achieving sustainable development goals (SDGs) in African nations. The United Nations Office for Project Services (UNOPS) will b ...

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Nairobi City's Path to Global Recognition

In the ever-evolving landscape of global cities, the concept of an ideal place to live is continually redefined by a multitude of factors. From economic opportunities and infrastructure development to cultural vibrancy and environmental sustainabilit ...

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Biwott Family Completes Multi-Million Dollar Sale of Yaya Center

In a private transaction of substantial value, the descendants of the late Kenyan business tycoon and philanthropist Nicholas Biwott have finalized the sale of Nairobi's iconic Yaya Center shopping complex. The transaction involved a consortium of pr ...

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Kenya is on the Verge of Transforming into the 'Singapore of Africa'

Among the nations within sub-Saharan Africa, one stands out as a beacon of promise: Kenya. A convergence of economic and political dynamics is positioning the seventh-largest country on the continent in a notably advantageous posi ...

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