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E-Newsletter
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February 2019
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OVERALL SITE PROGRESS
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ON THE SPOTLIGHT
Overview From The Balcony: Outlook of Kenya’s Residential Real Estate Market
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Kenya´s real estate industry has indeed come of age. The growth has been by and large steady albeit with short relapses in between. However, the year 2018 was a mixed bag with various stakeholders across the spectrum registering different results; positive or negative. With 2018 in hindsight, this edition of the spotlight article sheds light on the outlook of Kenya’s residential real estate market mapping out key issues that players in the industry will need to follow closely. Looking forward to investing in the industry?
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DIAMOND RESIDENCES UPDATES
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RUBY BEACH HOUSES UPDATES
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EMERALD CONDOS UPDATES
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DEVELOPERS NOTE
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The drivers of growth in Kenya's residential real estate sector is going to be impacted by incomes, rapid urbanization, infrastructural development that open up new centres of urban growth, and increased foreign direct investments as Kenya positions itself as the leading business hub in Africa. Select markets will continue exhibiting a positive performance supported by their appeal to homebuyers based on location and accessibility, availability for affordable land for development, as well as the availability of key amenities. Nonetheless, go ahead and make your real estate investment moves today with all the confidence. Sultan Palace is calling for you!
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