Project News
Kisaju View Park 3 Kicks Off
Phase one and two of the project, comprising 850 housing units are completed and fully sold.
Low-cost housing developer Urbanis Africa has rolled out phase three of its Kisaju View Park Estate at Kisaju in Isinya, Kajiado County.
The 120 houses, which will be completed in one and a half years, will bring to 1,000 the total number of homes at the Kisaju View Park Estate which sits on 293 acres of prime land.
Urbanis Africa is investing Sh300 million in the project, according to its chief executive officer Cathy Achola-Warega.
“Forty houses will be completed in six to eight months and the rest should be ready in over a year,” Ms Warega said.
The houses are standard Type Two units, which come with three bedrooms and a detached domestic staff accommodation. Each home will be serviced with access roads, treated and purified water, electricity, and sewer management.
Phase one and two of the project, comprising 850 housing units are fully sold.
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Ms. Warega said that units under the current project were 80 per cent sold off-plan at Sh2.8 million per unit and new buyers will now be required to part with Sh3.5 million for the same.
She said low-cost home buyers are excluded from the Nairobi market, which is why Urbanis was keen on providing an affordable option on the outskirts of the city.
A low-cost housing boom is gathering pace in the country as builders and financiers begin to focus their attention on this segment, which was previously viewed as unprofitable.