₦airaland Forum

Example - 180M dollars - 4,900 units Affordable Housing unit coming up in Mowlem Nairobi in three phases.

State Dept for Housing and Urban Development KE
I witnessed the signing of a partnership between Synohydro and Seascan Development Limited for the development of 4,900 affordable housing units in Embakasi West, Nairobi. #AffordableHousing #Big4Agenda

https://www.the-star.co.ke/news/2022-01-19-affordable-housing-state-to-build-4900-units-in-nairobis-mowlem-estate/?utm_term=Autofeed&utm_medium=Social&utm_source=Twitter#Echobox=1642615538

rvp2018:
Something West Africa Zoos can learn.

Kenya sorting it's housing deficit - Gov owns a lot of housing estates - that are now old and dilapidated - the land is given to developer - who demolish them - build affordable units and few market rates units.

In total 500,000 units - that on average can settle 3-4 people - is two million people living decently.

Gov expenditure - almost ZERO.

From this.

So who told you this is not also happening in Nigeria and Ghana? Do you watch videos of Nigerian youtubers like Tayo Aina and Steven Ndukwe? The problem with you is that you get so easily excited that you just go haywire until we calm you down, then the next second you are out of control again.

Of course I have watched. Nothing of that sort if happening in Nigeria. Not in any scale like is happening in Kenya. The best rebuttal is put videos and pictures. You're doing 500 units - while Lagos housing deficit alone is 2 million units.

GeneralDae:
So who told you this is not so happening in Nigeria and Ghana. Do you watch videos of Nigerian youtubers like Tayo Aina and Steven Ndukwe? The problem with you is that you get so easily excited that you just go haywire until we calm you down again, then the next second you blow hot again.

rvp2018:
Something West Africa Zoos can learn.

Kenya sorting it's housing deficit - Gov owns a lot of housing estates - that are now old and dilapidated - the land is given to developer - who demolish them - build affordable units and few market rates units.

In total 500,000 units - that on average can settle 3-4 people - is two million people living decently.

Gov expenditure - almost ZERO.

From this.

just another set of pipeline mess in the making... Unfortunately it remain unaffordable to Kenyans hence unoccupied by 98%

GeneralDae:
So who told you this is not also happening in Nigeria and Ghana? Do you watch videos of Nigerian youtubers like Tayo Aina and Steven Ndukwe? The problem with you is that you get so easily excited that you just go haywire until we calm you down, then the next second you are out of control again.

rvp2018:
Of course I have watched. Nothing of that sort if happening in Nigeria. Not in any scale like is happening in Kenya. The best rebuttal is put videos and pictures. You're doing 500 units - while Lagos housing deficit alone is 2 million units.

Lagos sheer size of beautiful real estate is about 15 times what is happening in Kenya

Pipeline is better than your best neigberhood because - it's merely 8kms from city center and just two kilometres from industrial area. Majority of resident there are students or factory workers.

The affordable units are going for mortgage of 80 usd per month for 30yrs with 10 percent deposit (about 2,000usd). This the rental rate for those areas - but here you're paying it as mortgage. These are areas two kilometres or walking distance from Nairobi business districts.

Now compare to living 30 kilometres from Accra - and commuting for three hours or more commute per day to Accra business district.

Or worse in Lagos - where you have to cross to the island - about 6hours commute daily!!!!!

Just40:
just another set of pipeline mess in the making... Unfortunately it remain unaffordable to Kenyans hence unoccupied by 98%

Concentrate on Ghana - Let's here from Lagosians. There are many here. I know you're idle but we are here to learn - not engage in shouting matches.

Just40:
Lagos sheer size of beautiful real estate is about 15 times what is happening in Kenya

Actually the houses are really affordable - 4kms from CBD - it's walkable to Central Business district - for 80USD a month mortagage when least rent you can get there is 200USD


https://www.youtube.com/watch?v=_rgW6TMzffY

The entire Pangani-Ngara-Eastleigh - and most Eastland - will be able to host millions - who can literally walk to their offices or schools - and that is future of urban living. Not commuting 60 kilometres to the city


https://www.youtube.com/watch?v=5xZ53XNPyWk

rvp2018:
Pipeline is better than your best neigberhood because - it's merely 8kms from city center and just two kilometres from industrial area. Majority of resident there are students or factory workers.

The affordable units are going for mortgage of 80 usd per month for 30yrs with 10 percent deposit (about 2,000usd). This the rental rate for those areas - but here you're paying it as mortgage. These are areas two kilometres or walking distance from Nairobi business districts.

Now compare to living 30 kilometres from Accra - and commuting for three hours or more commute per day to Accra business district.

Or worse in Lagos - where you have to cross to the island - about 6hours commute daily!!!!!

your just mad that your country isn't as good as mine and throwing tantrums all around when your bubble get burst.
Anyway 8kms is not a distance

No company in Kenya give a mortgage for 30 years at 80 dollars.. stop lying

rvp2018:
Concentrate on Ghana - Let's here from Lagosians. There are many here. I know you're idle but we are here to learn - not engage in shouting matches.

Soon after you stop lying and throwing tantrums..

rvp2018:
Actually the houses are really affordable - 4kms from CBD - it's walkable to Central Business district - for 80USD a month mortagage when least rent you can get there is 200USD


https://www.youtube.com/watch?v=_rgW6TMzffY

The entire Pangani-Ngara-Eastleigh - and most Eastland - will be able to host millions - who can literally walk to their offices or schools - and that is future of urban living. Not commuting 60 kilometres to the city


https://www.youtube.com/watch?v=5xZ53XNPyWk

80 dollars to 200 dollars is highly unaffordable to 80% of people in Nairobi hence why everything in Nairobi are largely unoccupied..

This is why they usually live in 30 dollars slums all over Nairobi

In your life time you'll not even to Ngara level. By next year this place will have 9 - 34 floors building. Entire Ghana doesnt have a single 30 story building.

https://www.youtube.com/watch?v=5xZ53XNPyWk

Now facts.

Start here https://bomayangu.go.ke/

Already nearly 325,000 kenyans have registered for these units- majority paid the deposit. They are just waiting for chinese to finish construction.

Kenya Mortagage REFINANCE company will take care of mortagage by topping up commercial mortagage rates.

By time you're done with your madness - you'll be looking for VISA to come and beg in Nairobi streets

Just40:
your just mad that your country isn't as good as mine and throwing tantrums all around when your bubble get burst.
Anyway 8kms is not a distance

No company in Kenya give a mortgage for 30 years at 80 dollars.. stop lying

Why would people be building houses if there was no takers? Lagos & Accra have over capacity because there is no formal sector to generate jobs and income.

200 dollars is for very cheap house in Nairobi Eastland - a two bedroom. It's Nairobi lower middle income.

Rent in half of Nairobi - that is West part of Nairobi - plays around 2,000 to 5,000usd - even more than that - for standalone - and for apartments 800usd to 1,000usd.

Just40:
80 dollars to 200 dollars is highly unaffordable to 80% of people in Nairobi hence why everything in Nairobi are largely unoccupied..

This is why they usually live in 30 dollars slums all over Nairobi

rvp2018:
Why would people be building houses if there was no takers? Lagos & Accra have over capacity because there is no formal sector to generate jobs and income.

200 dollars is for very cheap house in Nairobi Eastland - a two bedroom. It's Nairobi lower middle income.

Rent in half of Nairobi - that is West part of Nairobi - plays around 2,000 to 5,000usd - even more than that - for standalone - and for apartments 800usd to 1,000usd.

If you check LinkedIn jobs for example, lagos alone has 4 times more job opening than the whole of Kenya and we are talking just Lagos here in comparison to the entire Kenya.

I bet 90 percent of those Lagos are are scams from the scam HQ of the world. It's wierd data source: South Africa returned 600 Look for credible data point next time mate.

GeneralDae:
If you check Linked In jobs for example, lagos alone has 4 times more job opening than the whole of Kenya and we are talking just Lagos here in comparison to the entire Kenya.

rvp2018:
I bet 90 percent of those Lagos are are scams from the scam HQ of the world. It's wierd data source: South Africa returned 600 Look for credible data point next time mate.

South Africa is 41000 not 600.

Evidence

GeneralDae:
South Africa is 41000 not 600.

rvp2018:
In your life time you'll not even to Ngara level. By next year this place will have 9 - 34 floors building. Entire Ghana doesnt have a single 30 story building.

https://www.youtube.com/watch?v=5xZ53XNPyWk

Now facts.

Start here https://bomayangu.go.ke/

Already nearly 325,000 kenyans have registered for these units- majority paid the deposit. They are just waiting for chinese to finish construction.

Kenya Mortagage REFINANCE company will take care of mortagage by topping up commercial mortagage rates.

By time you're done with your madness - you'll be looking for VISA to come and beg in Nairobi streets

I live in a 4 bedroom mansion here ... All I see are Kenyans coming to beg here.


Like I said, no Kenyan company offer a 30 years mortgage even at 2000 dollars a month, let alone 80 dollars ...


Most apartments are empty while filthy slums keep holding 80% of Nairobi 10 million people ..... Untill you address the fundamental reason why people don't have disposable income...

You're fighting a losing battle

rvp2018:
Why would people be building houses if there was no takers? Lagos & Accra have over capacity because there is no formal sector to generate jobs and income.

200 dollars is for very cheap house in Nairobi Eastland - a two bedroom. It's Nairobi lower middle income.

Rent in half of Nairobi - that is West part of Nairobi - plays around 2,000 to 5,000usd - even more than that - for standalone - and for apartments 800usd to 1,000usd.

people are building for the same reason why China build empty towns ..... Now they are hoping that tourist season will come so they can make something from it...

It's the only investment opportunity in Kenya.

The highlighted is dumb (I'm even wondering what you're talking about)

Yes 200 dollars is very cheap to a Ghanaian or a Nigerian but unaffordable for Kenyans..

1) Start here - https://kmrc.co.ke/ -

2) Show me evidence there is oversupply in Nairobi. In fact there is huge backlog of deficit. We are building more and more. This is not Ghana or Nigeria where you squeeze 10 people in corner of main house. Or live with relatives from the villages.

3) Secondly that is tired line. These house are affordable - meaning they will cost whatever it's currently costing them. There is no need for their income to increase - because we selling the house at current rent - except they eventually own it.

Africa is not developing because half-witted polemics like - housing is an income problem

People deserves to live in decent houses....it doesnt have to be luxurious - but surely basic house with basic features is affordable to an okada rider - as long as gov subsidize the housing by providing free land, reducing taxes for targeted developers and providing loan guranteers to these otherwise credit unworthy individual.

The model already worked that is why 325,000 kenyas are waiting on the line to snap houses.

British colonialist before they left use to build thousands of affordable housing - Kenya gov continued - until some idiots at IMF/WB in 1980s - prescribed structrual adjustment program - that cut off all social programs - from education to housing - and now slums have taken over.

Kenya gov like many have since dumped those SAP policies - and gone big on social programs.

China and South Asians developed by basically doing opposite of IMF and "common wisdom". Building these 500,000 units will employ at least 2 to 4 million people. It will create huge multiplier effects - and people will live in good houses.

Just40:
I live in a 4 bedroom mansion here ... All I see are Kenyans coming to beg here.


Like I said, no Kenyan company offer a 30 years mortgage even at 2000 dollars a month, let alone 80 dollars ...


Most apartments are empty while filthy slums keep holding 80% of Nairobi 10 million people ..... Untill you address the fundamental reason why people don't have disposable income...

You're fighting a losing battle

rvp2018:
1) Start here - https://kmrc.co.ke/ -

2) Show me evidence there is oversupply in Nairobi. In fact there is huge backlog of deficit. We are building more and more. This is not Ghana or Nigeria where you squeeze 10 people in corner of main house. Or live with relatives from the villages.

3) Secondly that is tired line. These house are affordable - meaning they will cost whatever it's currently costing them. There is no need for their income to increase - because we selling the house at current rent - except they eventually own it.

Africa is not developing because half-witted polemics like - housing is an income problem

People deserves to live in decent houses....it doesnt have to be luxurious - but surely basic house with basic features is affordable to an okada rider - as long as gov subsidize the housing by providing free land, reducing taxes for targeted developers and providing loan guranteers to these otherwise credit unworthy individual.

The model already worked that is why 325,000 kenyas are waiting on the line to snap houses.

British colonialist before they left use to build thousands of affordable housing - Kenya gov continued - until some idiots at IMF/WB in 1980s - prescribed structrual adjustment program - that cut off all social programs - from education to housing - and now slums have taken over.

Kenya gov like many have since dumped those SAP policies - and gone big on social programs.

who said there's over supply in Kenya?
I said what is being built, Kenyans can't afford it so they remain empty...
Get the difference.

If they were affordable for Kenyans, they won't remain largely unoccupied .... It's because Kenyans can't afford it, that is why they are 90% plus unoccupied.


The slums took over because people lives were not being touched by tea farms owned by corporations paying them peanuts .... And they will keep getting bigger with more and more people ending up in slums around Kenya until people economic conditions are improved..
Else quality, beautiful and great homes will be something of an illusion for Kenyans.

Ask anybody to show you completely unoccupied rental in Nairobi. You think because we dont pay 2yr rent in advance and wait for months to get a house - that there is oversupply As soon as rental is done - it get filled up in 2-3 months. Of course because we build apartments there is far greater supply than in Accra or Lagos - and also urbanization rate is still low.

These current people living in slums and slumscrapper dont stay there for free. They still pay rent. yes that segment will not afford to pay 80USD because their current rent is 10USD. That is part that will be dealt by providing them free housing under slum upgrading program...slums are in very prime area. A developer can afford to give them free houses and build vertically - generating far more units.

But that is small component - the majority of Nairobeans living in Eastland paying rent of 80usd to 200usd - can afford these houses - converting their rent to mortagage - and all benefits of a home owner.

As for Ghana - where do we even begin - maybe having centralized sewage system - because frankly apartment cannot work with soakpits and cesspool.

A single plot of land can squeze upto 20 units - and be occupied by 100 people. Now imagine all that waste water and solid waste....which cesspool will handle that? It will fill up every 3 days.

Just40:
who said there's over supply in Kenya?
I said what is being built, Kenyans can't afford it so they remain empty...
Get the difference.

If they were affordable for Kenyans, they won't remain largely unoccupied .... It's because Kenyans can't afford it, that is why they are 90% plus unoccupied.


The slums took over because people lives were not being touched by tea farms owned by corporations paying them peanuts .... And they will keep getting bigger with more and more people ending up in slums around Kenya until people economic conditions are improved..
Else quality, beautiful and great homes will be something of an illusion for Kenyans.

.h

.h

rvp2018:
Something West Africa Zoos can learn.

Kenya sorting it's housing deficit - Gov owns a lot of housing estates - that are now old and dilapidated - the land is given to developer - who demolish them - build affordable units and few market rates units.

In total 500,000 units - that on average can settle 3-4 people - is two million people living decently.

Gov expenditure - almost ZERO.

From this.

Please when you always say affordable, how affordable are these houses?

rvp2018:
Ask anybody to show you completely unoccupied rental in Nairobi. You think because we dont pay 2yr rent in advance and wait for months to get a house - that there is oversupply As soon as rental is done - it get filled up in 2-3 months. Of course because we build apartments there is far greater supply than in Accra or Lagos - and also urbanization rate is still low.

These current people living in slums and slumscrapper dont stay there for free. They still pay rent. yes that segment will not afford to pay 80USD because their current rent is 10USD. That is part that will be dealt by providing them free housing under slum upgrading program...slums are in very prime area. A developer can afford to give them free houses and build vertically - generating far more units.

But that is small component - the majority of Nairobeans living in Eastland paying rent of 80usd to 200usd - can afford these houses - converting their rent to mortagage - and all benefits of a home owner.

As for Ghana - where do we even begin - maybe having centralized sewage system - because frankly apartment cannot work with soakpits and cesspool.

A single plot of land can squeze upto 20 units - and be occupied by 100 people. Now imagine all that waste water and solid waste....which cesspool will handle that? It will fill up every 3 days.

there is no over supply in Nairobi...

There is not just that many people who can afford those apartments because people don't make much...

Urbanization rate is not slow in Kenya because you guys build apartments , it is slow because Kenya is not developing as fast as it should....

Free housing from where ?
Please don't make me laugh, you guys can't even connect the 70% of your country that are villagers to the national grid for free and you're here talking about free housing for 8 million Nairobians living in the slum?

GeneralDae:
So who told you this is not also happening in Nigeria and Ghana? Do you watch videos of Nigerian youtubers like Tayo Aina and Steven Ndukwe? The problem with you is that you get so easily excited that you just go haywire until we calm you down, then the next second you are out of control again.

Like mad dog abi?

Nairobi has 4.5M people. See you cannot engage in an adult conversation before going off tagent.

Slums are created by private informal housing sector. - dont wonder why Accra is one huge slumpolis.

Kenyans were not richer in 60s,70s and 80s - yet the slums arose in late 80s and blossomed in the 90s. The reason - previously Kenya gov and city council use to build social housing - but at some point IMF/WB said - you cannot do that - it's too expensive - you need to balance the budget bla de bla

The solution is simple - gov provides social housing in urban areas - like it provide free primary, free secondary, free university and free healthcare. Housing is basic need.

Just40:
there is no over supply in Nairobi...

There is not just that many people who can afford those apartments because people don't make much...

Urbanization rate is not slow in Kenya because you guys build apartments , it is slow because Kenya is not developing as fast as it should....

Free housing from where ?
Please don't make me laugh, you guys can't even connect the 70% of your country that are villagers to the national grid for free and you're here talking about free housing for 8 million Nairobians living in the slum?

Obiano13:
Make i see

no need but I'll show you...

It's a 4 bedroom duplex with 2 living rooms, plus 3 bedroom boys quarters with it own kitchen and a store room..

Sitting on a 0.6 acres land.


Last bank valuation was 3 million dollars ....

rvp2018:
Nairobi has 4.5M people. See you cannot engage in an adult conversation before going off tagent.

Slums are created by private informal housing sector. Kenyans were not richer in 60s,70s and 80s - yet the slums arose in late 80s and blossomed in the 90s. The reason - previously Kenya gov and city council use to build social housing - but at some point IMF/WB said - you cannot do that - it's too expensive - you need to balance the budget bla de bla

The solution is simple - gov provides social housing in urban areas - like it provide free primary, free secondary, free university and free healthcare. Housing is basic need.

lie ... Nairobi has 10 million people ( mind you I'm not referring to the city )


Yeah the solution will be simple if your govt had money but it does ... Hence the huge mess that keeps getting bigger.

Nairobi Metro is close to 10m - about 7-8M.
Nairobi if allows Slumization (private informal sector) will become another Accra or Lagos in few decades.
The housing sector has to be formalized - pension funds, insurances, big housing companies and gov to provide social housing.
Gov doesnt need money to build houses.
Let use Kibera for example
The slums are in very prime areas - Kibera lies btw Upper hill/Kilimani and Langata/Karen
An acre of land in Kibera would easily sell for 5m dollars - minimum 2 million dollars.
Now kibera is 650 acres.
That land is worth 2-3Billion dollars or about.
Give a chinese developer that land - tell him to squeeze the current 200K Kibera people into 20 percent of the land by building up - and rest to convert for private market rates houses- and pay himself.
200K people probably live in 50K units.
That chinese can develop very basic units for 10K -20 usd each- that is 500M- 1B dollars
So that land is even more valuable - than providing them free houses.
The same can be done in all Nairobi slums.
That will clear backlog of slums.
And gov can start to keep up with social housing needs...

But if Kenya was to continue with informalization of it's housing sector - we would become Accra - HUGE ENDLESS SLUMPOLIS - where everyone wakes up and build their own thing.

Housing sector need BIG developers with muscle to build proper housing estates - even if it's basic - but orderly, organized, with amenities and uniformity.

Just40:
lie ... Nairobi has 10 million people ( mind you I'm not refer to the city )


Yeah the solution will be simple if your govt had money but it does ... Hence the huge mess that keeps getting bigger.