₦airaland Forum

Just30:
you call 4.5 million metric tonnes cement consumption a construction boom ?


You these villagers will neve never seize to surprise.

Nigeria is doing about 20 million metric tons and they are not calling it a construction boom.

They don’t know what construction boom is. They are still taking baby steps.

Wuoche:
Nairobi is on a construction boom. When Nigerians see things like these they are forced to post renders just to become relevant

No I think the renders to be constructed is making u insecure. I mean it is quite obvious.
Surely u can see the difference between the rubbish u build up there and ours .heck even the environment is way,way advanced than 97% of most places in the continent.

rvp20182:
One lonely tower in the middle of nowhere versus reality check


https://www.youtube.com/watch?v=-ZE1Y-e21HM&t=1039s

Lol I watched the video and I all I saw was the usual third dusty poor constructed roads populated with low quality buildings that looks like this.

Lol surely this is not what u mean by world class. Ur properly developed Westland,upper hill as u love yo always doesn’t look half as aesthetically developed as what u saw in my video.the day any corner in Kenya looks like that is the very same day my jealousy and hatred will stand brewing till then ur zoo mediocrity is not worth my hate or envy. Continue with ur third world baby step in urbanization,ur country is not a serious one-u aren’t ready yet.

rvp20182:
Here is to realistic - Lagos and Abuja stunted real estate - has a glut lasting many years - thanks to informal economy.

Just finished reading the economist. Are you aware there are 600 unoccupied buildings in Abuja and nearly all your skyscrapper in Lagos are abandoned

In Abuja, Nigeria’s capital, the government last year said it would take over 600 of them because they had been unfinished for so long.
https://www.economist.com/middle-east-and-africa/2021/05/01/why-are-there-so-many-unfinished-buildings-in-africa

Lol what an idiot.lol 600 buildings is meager in a country of 200m. Now let talk of Kenya.they are multiple sources out there talking about a steady decline of ur real estate sector this year wonder no more why u barely have any serious construction going on. U are merely completing the ugly ass brick buildings from 2018-2019 section. Nothing new went on last year and this year. Cytonn report was my favorite. It’s highlighted everything I told u is hampering ur real estate sometime last week. Now read.


Despite the above drivers, the sector is expected to be constrained by the following factors in 2021:
i. Oversupply in Select Sectors: The real estate sector has witnessed increased space supply over the last 5-years and this is likely to affect the demand of some of these sectors. Some of the affected sectors include;
a. The commercial office sector which has an oversupply of 6.3m SQFT, and,
b. The retail sector, which has an existing oversupply of 3.1 mn SQFT within Nairobi and 2.0
in the Kenya Retail market,
ii. Constrained Financing for Developers: Constrained financing to developers is a factor that is
expected to negatively impact the performance of the real estate sector as financiers such as banks

aim to limit exposure amidst increasing loan deferrals and defaults in the wake of the pandemic,
iii. Reduced Disposable Income: Reduced disposable income as a result of the tough economic times brought about by the COVID-19 pandemic is expected to affect uptake of property thus impacting
on the performance of the real estate market,
iv. Kenya Mortgage and Refinance Company facing a challenge in limitation of housing options:
Given the relatively low loan size of Kshs 4.0 for property within the Nairobi Metropolitan Area, potential homeowners will have few or no options of housing units within the NMA due to the relatively high property prices and low supply of affordable housing units thus forcing them to focus on housing units within satellite towns which are relatively affordable,
v. Ineffectiveness of Public-Private Partnerships (PPPs) for Housing Development: This will continue to cause delays in delivery of affordable housing projects due factors such as to regulatory hindrances such as lack of a mechanism to transfer public land to a Special Purpose Vehicle (SPV) to facilitate access to private capital through the use of the land as security, lack of clarity on returns and revenue-sharing, bureaucracy and slow approval processes

Looking for a place in upper hill,Westland,cbd or even Mombasa that looks half as aesthetically developed and beautiful as this. Lol Kenya will go bankrupt if an district in Kenya can look half as good as this even if it is to be build for the rich. I tell u in term of urban development Kenya has low standards. Take the back seat and learn to crawl before u walk.


https://www.youtube.com/watch?v=1If2YqDoRqA

https://www.youtube.com/watch?v=IypPJgK5X2Q

theenchanter:
So, I'm searching more on the newest building to be added to Eko atlantic.

I like the advanced architecture in EAc not the local bricks scrapes I have been seeing all morning from Kenya. The height and beauty of this will complement Amni 45flrs tower,corporate tower and C tower.

theenchanter:
yeah, it's a render and I also guess it's a new project. I, for example haven't heard about d project, so yeah, I like it being posted...... Not meant to be castigated.

There are many project currently under construction in Eko atlantic... I know of 4 new buildings under construction in Eko atlantic, A&A below is one of them.

Nvm Eko Atlantic is dead. I just laugh at them and take their rants like that of a mad man. Arguing eko Atlantic progress with them is an absolute waste of time.

gallivant:
Lol

I had to Google that.

Oh I bet u did

68816419:
OMG NEW Project Alert
ocean wealth Eko atlantic 45 storeys and Phases II and III will be a 35 storey residence tower consisting of 32 residential floors each containing 252 suites, and 8 units and terraces per floor.
https://oceanwealthinc.com/wp-content/uploads/2020/12/Ocean-Wealth-Inc_EKO-Atlantic_Presentation.pdf

Apparently Eli Atlantic is dead. Some people Far East won’t sleep tonight

68816419:
Ugly buildings with ugly finishing

I thought I was the only one that noticed this.

Wuoche:
Hey dickless guy, Kenya's population is 800M which is the highest in the continent. We are aiming to reach 1.4B by 2025.

Great!!! Well then fvck some more by the coast and hit 2bn by 2025.

gallivant:
In that case you must have a long lost twin brother because you and Samorobo have the same mug in your respective home pages.

Nonsense!!! It’s a doppelgänger I have.

Samfloxin:
If you ever abandon this job and go to Dubai,you will regret it. Dubai is messed up after Corona saga. They are indirectly turning blacks to modern slaves in Dubai. You will work and have less pay. Moreover,to get resident permit there is not easy now. Many Nigerians there have turned into agents luring people to come to Dubai and collecting agent fee from you. Your guy may be one of them. Travel to Europe if you must

Even pre corona that has always been the case in Dubai on black immigrants.same happens with immigrants from Indian,Pakistan and the rest. Let him go to Dubai at his own peril.

Penielly:
Good day everyone, please am confused on which decision to take,am age 33 and got a federal job of 111k per month,am afraid that this money can't be enough if I start having family,so am thinking of looking for a greener pasture in Dubai which my friend over there ask me to come and look for work,that we can save and move to another country,am just confused now now what decision to take, please help..

Pls don’t try it. There is nothing green about the pasture in Dubai.this i can tell u for free.

AfriqueDuZuid:
LOL amazing isn't it

Almost similar population

Yeah very funny

gallivant:
Didn't you say the same thing about 88 Nairobi tower?

U are speaking to the wrong person . Pls check again. Thanks

rvp2018:
You really wish Kenya was hopelessly bearing kids like Nigeria.
All those projected population will be corrected in due course.
Kenya population now is about 49M.
The largest age-cohort now is 10-14.
That tells you Kenya is entering demographic divided 5yrs from now - when that age group become adults.
Kenya population inflection point happened about 12yrs ago!

We are now on a demographic transition - that will lead to more adults than kids for first time - in about 10yrs from now - leading to more wealth.

And from then - we will zoom to South Africa level of development.

Nigeria will get here in the next century or the next after.

Noise ur pop is 53m. Maybe 54m by now

rvp2018:
Edermann only stopped coz of covid-19.
In Nairobi only 4 buildings have had issues the last few years.
NSSF - 40 floors in Narobi cbd - affected by court cases.
Pinacle - court cases
Montave - no idea
Cyton towers - did not get approval from kilimani residents.
The rest are moving at super-sonic speed.

Nonsense. This Nairobi river building died since 2019. Pre-COVID. Go make ur findings and stop arguing blindly.

AfriqueDuZuid:
Did you know kenya population is less 4m to that of South Africa?

rvp2018:
Edermann the chinese developer has already delivered 4,000 units in Nairobi.
River estate will have 8 block each with 340 units - so total of 2,780 units.
Why do you think it will be impossible for them?

https://www.youtube.com/watch?v=Hq8uMcIbFQI

Lol it’s doesn’t matter Erdemann history in Kenya. Cytonn has equally developed projects on Nairobi but yet the super awaited tower that Kenya waited for was dead before they could even celebrate the proposed images.

rvp2018:
How can it died when people have already bought into it. This is Kenya - not broke Nigeria.
Eldermann have built many projects in kenya - include Great Wall in Athi River.

Right now as I speak to u the site is habouring overgrown grasses literally a forest

Shma2020:
He will always get disappointed.

The bulding lying on the site was demolished.

So. Pits were drugged in upper hill yet nothing happened. Foundations were laid with media hovering like houseflies in machakos county yet nothing has happened till date lol

rvp2018:
I passed it yesterday - it written ' Something ICONIC is coming up here' all round the site - old chaka place - near Yaya Center. Sammy should be aware.

Talk is cheap bro. Something iconic has been coming up in upper hill since time immemorial but yet all u are left with is an open mosquito pit.

rvp2018:
How can it died when people have already bought into it. This is Kenya - not broke Nigeria.
Eldermann have built many projects in kenya - include Great Wall in Athi River.

Yes it is vey dead. That I can assure u.I have done my findings

rvp2018:
Dream on. How many private jets are in the shaddy looking Banana island...apart from Dangote and Mike . Kenya's Wilson Airport is one Africa busiest airport - and it almost exclusively for private small planes and helicopters.It's long tradition for some super rich of kenya to fly their kids to school - these especially for large scale farmers and ranchers - and this used to be a white affair - but now many rich africans - have bought into buying their aircrafts

These planes are also chartered by tourist to visit remote animal parks .

Wilson airport - averages 120,000 landing and takeoff annually.

Lol what an idiot. U argue for the fun of it not for facts. Heck e en mere crlebrities like David i and wiz kid owns their own private not to even talk of business moguls,their kids,politicians and so on.

rvp2018:
they are natural stone blocks to be plastered later

It’s very stupid using such cheap block to build such building. That building would be precarious like every other things in Kenya with poor finishing.

Shma2020:
Your statement will definitely trigger samorobo aka Vlain and the shackman. wait and see.

Again I am not samorobo.watch it

Shma2020:
8 34fls erdemann project has resumed construction.

Lol this project is dead like dodo. Heck it’s died on the drawing board just like ugatuzi.

rvp2018:
Ghana still impressed by 20 yr old junk - while Kenyans are competing for the skies

Kenya politician park their planes in meeting.
https://www.businessdailyafrica.com/resource/image/2281074/landscape_ratio16x9/1160/652/f4fae277e416d71f1c053d7e46b35520/ly/chopper.jpg

Registration of new aircraft owned by wealthy Kenyans and private aviation firms nearly doubled last year in a mark of growing affluence that has been driving up demand for air travel.

The Kenya Civil Aviation Authority (KCAA) registered 87 new aircraft last year, up from 48 fresh listings in 2018, pushing the number of planes in the country to 1,548, excluding those owned by the National Police Service and the Kenya Defence Forces.

The 1,548 aircraft comprise those belonging to operators of scheduled and charter flights and privately-owned planes that operate from small airports and airstrips.

Kenya’s business magnates, politicians and new millionaires are fast taking to the skies as the preferred mode of transport – expanding the market for leasing and private ownership of planes.

Apart from urban-based business leaders, politicians and wealthy deal-makers, Kenyan skies are also dominated by large-scale farmers and ranchers based in Nanyuki, Kitale, Laikipia and Narok.

U are proud that ur politicians use ur taxes to fly helicopters lol.Anyway u are still taking baby steps. Down here private jets is the real deal for business owners. I doubt the whole of east Africa has more private jets than just the tiny island called banana island.

gallivant:
So how do you explain all the shacks? You are like Nigerians boasting of Dangote's wealth while cooking under candle light!

Unfortunately u have nothing to boast of.even safari on is a dead weight under the armpit of SAns.

Shma2020:
Even though I'm struggling to read your pignin, I'm also waiting for the same link you asked just30

Ain’t nothing like pignin ,trust me on that.

AfriqueDuZuid:
Do you know a thing about investments?

Do you know a thing about public and private sector investment?

Do you know PIC, has over $140b which can be used to find development

Amount kenyans can only dream of having at their disposal

Lol that is way more than their inflated gdp