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 Nairobi's luxury property market, 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 cultu ...
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 transf ...
In a groundbreaking move, Microsoft Corporation, in collaboration with G42, an Emirati artificial intelligence (AI) development company, has unveiled plans for a $1 billion investment in Kenya’s digital ecosystem. This initiative, the largest p ...
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 ...
As torrential rains lash Kenya, leaving a trail of destruction and despair in their wake, the nation faces one of its most challenging periods in recent memory. The devastating floods, which have submerged homes and infrastructure, highlight the crit ...
In Kenya, the allure of residential real estate as an investment avenue is steadily outstripping the traditional preference for commercial properties among the affluent population. According to the 2024 Wealth Report by Knight Frank, nearly a quarter ...
