House prices in Nairobi are defying a weak global economy and high lending rates.
Banks are cutting back lending to builders amid fears that they may default on their loans.
The shilling has lost 28pc of its value since January, battered by double-digit inflation.
It has emerged that some of the materials in the market are sub-standard.
The rising costs have been associated with the high global oil and steel prices.
Low cost panels and building blocks will boost affordable housing in Kenya.
Locals urged to improve their standards so as to compete with Chinese firms.
Project seeks to improve the living conditions of 5.4 million slum dwellers.
Bedsitters will rent for Sh3,200 per month on a 30-year rent-to-own plan.
Yapı Merkezi is expected to complete the 272-kilometre railway in 48 months.
The new flyover, funded by Spain, is expected to open in 2027.