Real estate SA:10 KEN:0

Abba

Abba

Elder Lister
I happened to be in touch my long time friend in Johannesburg and she told me this house in Johannesburg costs only ksh 5,000,000.

A similar house like this in Nairobi would cost at least 15,000,000. I'm planning to have my second home there Inshallah . Be your judge

www.gumtree.co.za

Houses, Apartments & Granny Flats for Sale in Johannesburg South | Gumtree

Find a wide selection of houses, apartments and granny flats for sale in Johannesburg South on Gumtree. Find great deals on properties in your area and throughout South Africa.
www.gumtree.co.za www.gumtree.co.za


Conclusion ;
Hapa kenya we are being taken for a ride . It's either corruption money or money laundering that drives these costs extraordinarily high
20200510_164230.jpg
20200510_164211.jpg
20200510_164146.jpg
20200510_164048.jpg
20200510_164027.jpg
20200510_163902.jpg
 
My question is, have you done a build of your own?
Costs are high.
Slab na foundation will cost you 1m already, roofing is another 400k, finishing is 1m, hizo ukuta na madirisha.... You haven't even added cost ya plot...
Can someone who has done a build come and assist here.
What I'll agree with is, plots prices are inflated and our dependence on one building style, mawe na cement is also costly.
5m is average for a good finished house at the current time we're in.
 
- Land hoarding by some faceless entities has led to a scarcity of land
- The culture of land speculation has pushed up land prices beyond what one would consider reasonable levels.
- Steel cartels, with tariff protection from crooked people in the government, ensure that our steel prices are way higher than what they should be.
- Cement in this country is too expensive, largely due to inefficiencies, but conveniently blamed on high energy prices.
- Those manning the supply chains of building inputs are profiteers and not business people. Businesses are supposed to provide solutions not impediments to development. Blame this on our inherited business culture where business is essentially profiteering.
 
upepo said:
- Land hoarding by some faceless entities has led to a scarcity of land
- The culture of land speculation has pushed up land prices beyond what one would consider reasonable levels.
- Steel cartels, with tariff protection from crooked people in the government, ensure that our steel prices are way higher than what they should be.
- Cement in this country is too expensive, largely due to inefficiencies, but conveniently blamed on high energy prices.
- Those manning the supply chains of building inputs are profiteers and not business people. Businesses are supposed to provide solutions not impediments to development. Blame this on our inherited business culture where business is essentially profiteering.
Click to expand...

.
Land hoarding by some faceless entities has led to a scarcity of land
- The culture of land speculation has pushed up land prices beyond what one would consider reasonable levels.
Click to expand...
@upepo
Do you know who and what is responsible for those two points you raised ?
 
With affordable land , economies of scale and goverment providing supporting infrastructure its possible to build such houses here........ pia nimeona nikama they are under the affordable housing scheme .
 
Land speculation as a business is the worst thing to ever happen in Kenya, it creates no value an is expected to generate value, that’s why land ends up overpriced, watu wanauziwa 1/8 in the middle of nowhere for more than 500,000 na wananunua hoping they will sell it fo 2m
 
Just look at this greed

LAND

  • 10, 000 acre Gichea Farm in Gatundu.
  • 5, 000 acres in Thika.
  • 9,000 acres in Kasarani Mwiki
  • 5, 000-acre Muthaita Farm.
  • 24, 000 acres in Taveta
  • 50, 000 acres in Taita,
  • 29, 000 acres in Kahawa Sukari along the Nairobi—Thika highway stretching all the way to Kilimambogo Hills in Ukambani.
Others include:

  • 10, 000-acre ranch in Naivasha.,
  • 52,000-acre farm in Nakuru
  • 20,000-acre one, also known as Gichea Farm,
  • 10, 000 acres in Rumuruti,
  • 40,000 acres in Endebes in the Rift Valley Province
Others are:

  • Brookside Farm, Green Lee Estate,Njagu Farm in Juja, a quarry in Dandora in Nairobi
 
Internet said:
Just look at this greed

LAND

  • 10, 000 acre Gichea Farm in Gatundu.
  • 5, 000 acres in Thika.
  • 9,000 acres in Kasarani Mwiki
  • 5, 000-acre Muthaita Farm.
  • 24, 000 acres in Taveta
  • 50, 000 acres in Taita,
  • 29, 000 acres in Kahawa Sukari along the Nairobi—Thika highway stretching all the way to Kilimambogo Hills in Ukambani.
Others include:

  • 10, 000-acre ranch in Naivasha.,
  • 52,000-acre farm in Nakuru
  • 20,000-acre one, also known as Gichea Farm,
  • 10, 000 acres in Rumuruti,
  • 40,000 acres in Endebes in the Rift Valley Province
Others are:

  • Brookside Farm, Green Lee Estate,Njagu Farm in Juja, a quarry in Dandora in Nairobi
Click to expand...
Silver spoon
 
upepo said:
- Land hoarding by some faceless entities has led to a scarcity of land
- The culture of land speculation has pushed up land prices beyond what one would consider reasonable levels.
- Steel cartels, with tariff protection from crooked people in the government, ensure that our steel prices are way higher than what they should be.
- Cement in this country is too expensive, largely due to inefficiencies, but conveniently blamed on high energy prices.
- Those manning the supply chains of building inputs are profiteers and not business people. Businesses are supposed to provide solutions not impediments to development. Blame this on our inherited business culture where business is essentially profiteering.
Click to expand...
You have summarised well. Things like cement have stagnated around 500-600 for a very long time. Mimi ata huwa nasema Kenyans wako pesa if we still manage to buy kaplot, kununua materials na kujenga
 
Internet said:
Just look at this greed

LAND

  • 10, 000 acre Gichea Farm in Gatundu.
  • 5, 000 acres in Thika.
  • 9,000 acres in Kasarani Mwiki
  • 5, 000-acre Muthaita Farm.
  • 24, 000 acres in Taveta
  • 50, 000 acres in Taita,
  • 29, 000 acres in Kahawa Sukari along the Nairobi—Thika highway stretching all the way to Kilimambogo Hills in Ukambani.
Others include:

  • 10, 000-acre ranch in Naivasha.,
  • 52,000-acre farm in Nakuru
  • 20,000-acre one, also known as Gichea Farm,
  • 10, 000 acres in Rumuruti,
  • 40,000 acres in Endebes in the Rift Valley Province
Others are:

  • Brookside Farm, Green Lee Estate,Njagu Farm in Juja, a quarry in Dandora in Nairobi
Click to expand...
And some one has the wherewithal to call me "fellow Kenyan"...Me who was born with not even a 6*6 to his name.
This is vomiting on my akala if I was to paraphrase a certain British diplomat!
 
You must log in or register to reply here.
Back
Top