In 2024, the luxury real estate sector is experiencing a significant surge, driven by a mix of local and global factors. As economies stabilize post-inflation, wealthier individuals have more disposable income, making real estate an attractive invest ...
The recent report on Nairobi's real estate sector shows a significant 20% increase in building approvals in the first half of the year. This growth underscores a dynamic shift in the market, driven by heightened demand for both residential and commer ...
The global real estate market is on a trajectory of robust growth, fueled by rapid urbanization, economic development, and technological advancements. From residential to commercial sectors, this growth is creating substantial opportunities for inves ...
In Kenya, the landscape of real estate investment is evolving as dollar millionaires increasingly turn to their second homes for rental income. These high-net-worth individuals, who traditionally viewed second homes as leisure properties, are now str ...
In a significant move aimed at providing relief to mortgage holders, the government is proposing an increase in the annual limit for mortgage interest deductions. This initiative, backed by members of parliament, will see the cap raised from the curr ...
Nairobi has secured Ksh.15.3 billion from the Korean government to construct the second Northern Collector Tunnel and the Maragua water project. This investment is poised to significantly impact the real estate market by addressing the city’s c ...
In the evolving landscape of luxury real estate, a noteworthy trend has emerged among affluent Kenyan homeowners: the inclusion of two master bedrooms in their homes. This architectural choice caters to various lifestyle needs and cultural nuances, m ...
As geopolitical tensions escalate in the Middle East, international real estate investors are increasingly turning their attention to Africa. Rising costs and instability in former hotspots like Dubai, Israel, Iran, and Syria have made Africa a more ...
Nairobi Governor Johnson Sakaja has officially lifted the suspension on the approval of architectural plans and excavations for new construction sites. This suspension had been in effect since April 29, 2024, following heavy rains and subsequent floo ...
Kenya is taking a bold leap towards sustainability by eliminating taxes for 100,000 electric vehicles (EVs). This significant policy change promises to revolutionize not only the automotive sector but also the real estate market. Technology is at the ...
Kenya’s real estate sector is experiencing a profound transformation, thanks to the integration of advanced technologies. Innovations in blockchain, digital platforms, and construction-phase monitoring are redefining the property investmen ...
