Draft law seeks to strengthen the Estate Agents Act, specifying practitioners.
The River Estate will feature eight 34-floor apartment blocks, each with 340 homes.
The sector recorded the highest growth in bad loans in three months ended June.
Nairobi boasted 4,582 serviced apartments last year – nearly double the figure in 2013.
Applewood Villas – a 10-acre gated community – comprises 18 villas each sitting on half an acre.
Workers earning Sh100,000 and above will be allowed to use their savings to access mortgages.
The State must offer more tax incentives in addition to free land.
Wealthy families are buying houses to facilitate residence for their members.
Every worker will pay to the housing fund 1.5 per cent of their monthly basic salary.
The suburb is set to outperform the competition, making it a good bet for investors.