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E-Newsletter February 2019

OVERALL SITE PROGRESS




ON THE SPOTLIGHT


On the spotlight

Overview From The Balcony: Outlook of Kenya’s Residential Real Estate Market

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?

DIAMOND RESIDENCES UPDATES






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RUBY BEACH HOUSES UPDATES






» Have a look at the progress we have made on Ruby Beach Houses

EMERALD CONDOS UPDATES






» Have a look at the progress we have made on Emerald Condos

DEVELOPERS NOTE

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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