How KMRC and the Affordable Housing Programme Are Changing Home Financing For decades, single-digit interest rate mortgages were virtually non-existent in Kenya. Commercial bank mortgage rates hovered between 13% and 18%, keeping homeownership out of reach for many middle-income earners. Today, state-backed initiatives like the Kenya Mortgage Refinance Company (KMRC) and the Affordable Housing...
Navigating Off-Plan Real Estate in Kenya Without Getting Burned Off-plan real estate—purchasing a housing unit before or during its construction phase—remains one of the most accessible paths to homeownership and high-yield property investment in Kenya. Developers offer units at 15% to 30% below market value, accompanied by flexible milestone-based payment plans. However, off-plan buying also...
Finding Your Ideal Nairobi Neighborhood: A Tenant’s Guide Nairobi’s rental market is dynamic, fast-paced, and wildly diverse. Moving to a new neighborhood involves balancing proximity to work, monthly rent budgets, security, and lifestyle preferences. Whether you are looking for a lively bachelor pad along Thika Road or a high-rise executive apartment, here is how Nairobi’s top three rental...
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