Saving money is a priority for most of us. When it comes to real estate, the biggest question is: should you rent or buy? Which one actually saves you more money in Kenya? Renting is the go to choice for most people living in major towns in Kenya. Buying a home is a great investment…
Can you imagine owning your home free and clear? The good news is that paying off your mortgage early doesn’t require winning the lottery or living on ugali and sukuma wiki alone. Paying off your mortgage early is totally doable with small, consistent actions. Can you imagine owning your home free and clear? No more…
Owning a home is a big deal. According to the Kenya Housing Survey 2023-2024, homeownership rates have dropped from 64% in 2013 to 61% in 2024. Urban real estate prices in Kenya have skyrocketed in recent years. Policymakers and developers must work towards making homeownership more accessible in urban areas . Owning a home is…
It’s the season of love, and while many are searching for the perfect partner, why not also find the perfect home? After all, a dream home isn’t just a place to live, it’s where you create memories, find comfort, and truly feel at home. Just like in relationships, finding “The One” in real estate takes…
A lease agreement is a legally binding contract between a landlord and a tenant that outlines the terms and conditions of renting a property. Lease agreements have become a non-negotiable part of landlord-tenant relationships. Gone are the days of casual, unwritten arrangements. Over the years, lease agreements have become a non-negotiable part of landlord-tenant relationships….
Real estate can be one of the most profitable investments in Kenya. In real estate, location is everything. Prime locations offer better returns on investment. A property’s value is directly linked to the infrastructure surrounding it. A good real estate investment isn’t just about buying property, it’s about buying the right property in the right…
Land banking is the practice of buying land and holding it with no immediate plans for development. In order to get a return on investment, it is important to ensure that the land you are about to purchase is in a developing area, where prices are low and expected to rise over time. Unlike real…
In a landmark ruling, the High Court ruled in favor of real estate investors whose developer, VK Construction Limited for delaying possession of their off-plan apartment. The court found that the developer had breached the terms of the sale agreement by failing to complete the apartment within the agreed timelines, not meeting the quality standards,…
A forensic audit by PricewaterhouseCoopers (PwC) has uncovered widespread fraud. One of the most alarming findings in the report is that financial statements were signed by a deceased auditor, indicating clear evidence of forgery. Beyond the immediate financial crisis, this scandal poses a significant threat to SACCO members who rely on KUSCCO’s housing arm for…
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