The estate comprises 30 Swedish style villas set on 8.5 acres of land overlooking Lake Victoria.
Two overseas firms have spread their wings into Kenya in the past three months.
The houses are selling off-plan for between Sh9.25m and Sh10.5m.
The ambitious project is expected to greatly raise the profile of Machakos County.
This technology also reduces period of home building from 12 months to six months.
114 applications were received for the 104 apartments that were being sold off-the-plan.
The investors are required to complete the project over a maximum of six years.
The homes, costing Sh1m for a two-bedroom unit, will be built on 1,000 acres in Athi River.
Development comprises 81 residential houses, of which 20 were completed in phase one.
The planned gated development will be built in three phases.
Amsons Group offered Sh23.6bn to acquire 100% of Bamburi shares.
The company has secured financial backing for a 300MW geothermal project.
Yapı Merkezi is expected to complete the 272-kilometre railway in 48 months.