Nine strangers have reportedly divided the property among themselves.
Home Bridge is cleared to begin phase II of the Lifestyle Heights project.
The building's height has been reduced from 50 to 34 floors.
The building has remained under construction for four decades.
Bedsitters will rent for Sh3,200 per month on a 30-year rent-to-own plan.
The 240-acre Kofi Ridge estate in Ruiru, Kiambu, will be completed in 25 years.
The office complex in Upper Hill will be known as Tanzania Towers.
The funds will build a new office tower and furnish an existing one.
The project will be funded through Korea Exim Bank.
Jeddah Tower will be taller than Dubai’s Burj Khalifa by 180 metres.