Housing Finance Mega-sale (30% off on over 700 units)

#41
Hapo ndio apartment buyers hukamuliwa properly na developers. Unapata mtu amenunua kama hiyo 3 bedroom halafu anaitishwa 5k service charge. Townhouses hukuwa better juu most people huungana, kick the developer out and form their own management company but that is not the case with kennels (apartments).
The reasons why I have never liked investing in an apartment are:
- High service charges. Unapata ni kama unalipa rent tu kama tenant na uko "kwako". It is much easier for 50 owners in a gated estate with townhouses to form a management company, than it is for 1000 apartment owners in one block. The property manager retains the right to manage your apartments (read kumkamua) unlike kwa gated estates with townhouses where they kick out the developer immediately all houses are sold out.
- No title deed (don't throw that sectional title BS in my face that can't secure a bank loan). If I buy property, I better get documents that any bank can accept as collateral.
- No compound. I can't buy property yenye sitoki hapo nje na kinyasa kubrush meno nikichoma nyama enjoying my sweat.
- You will still need a house to retire in, so investing in an apartment is just a temporary solution. Ukigonga 50+ years itabidi uanze square #1 tena juu you can't retire in that property.
- Raising kids in an apartment sucks. That is a fact. A townhouse in a gated estate would offer them a better life as they interact with other kids and ride bikes kwa cabro etc. Imagine having kids studying na your neighbor upstairs is having loud sex, throwing a party or just dragging furniture.

That is why I would choose a mansion in Kahawa Sukari on 1/4 an acre over an apartment in Westlands. The only disadvantage that I would have is distance and with everyone owning a car this days and every school having a school van, that is a very small price to pay for peace of mind.
Nimeona wakisema 3k ni kidogo sana for management fees so clearly nachezea ligi ndogo.
You're right, apartments ni za mda tu. There is no way ukiwa 59 years old unakuwa unapanda ngazi to the 5th floor a few times a day. Utakufia ngazi ya tatu:D
 
#43
Nimeona wakisema 3k ni kidogo sana for management fees so clearly nachezea ligi ndogo.
You're right, apartments ni za mda tu. There is no way ukiwa 59 years old unakuwa unapanda ngazi to the 5th floor a few times a day. Utakufia ngazi ya tatu:D
Mtu ananunua apartment is clearly not financially prudent and does not think long term. Only renting an apartment makes perfect sense. Usisahau, mtu ako na kennel westlands has very limited options of modifying that kennel as times change. Kama sasa mtu alibuy before 2010 wakati TV zilikuwa analog na nyumba hazikuwa internet-ready, what does he/she do?? Maybe in future cooking gas itakuwa piped kama majuu, the people with outdated kennels will suffer the most. Kama ni maji, most of them share several big water tanks etc. Basically ni kama tu kuishi plot hata kama nyumba ni yako.
 
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#46
More kennels pale Two Rivers.

1 bedroom- From KES 15 Million

2 Bedroom-From KES 23 Million

3 Bedroom- From KES 30 Million



Visit our ready 2-bedroom showhouse at Two Rivers on 1st floor next to the Mall Management Office.:D:D:D:D
Hapa developer atakafunga if he or she sells this units to the gullible middle class. I can't imagine any prudent person forking out 30 million for 3 bedroom kennel at Two Rivers :D:D:D Halafu akinunua utapata the only willing tenant amekwamilia rent ya 40k per month and no other offers on the table. Wengi hujulia hapo walikamuliwa hadi settings na developer - when they try renting out the apartment. Because then, they get the real valuation of that property.
 

mbelava

Senior Villager
#47
[QUOTE=" Maybe in future cooking gas itakuwa piped kama majuu, [/QUOTE]
BTW, kuna hau ziko na piped gas already westi.
[QUOTE=" 3k ni kidogo sana for management fees so clearly nachezea ligi ndogo.
[/QUOTE]
Service charge in some places ni 20K
 

Purple

Moderator
Staff member
#52
I would personally NEVER buy an apartment and I have also never understood why anyone would buy a 10+ million apartment instead of building a 4 bedroom maisonette on a 100*100 plot within a 50 km radius from the CBD. As long as you have a car, you enjoy better living standards than the guy living in the 10th floor in some crowded "middle class" neighborhood. Not to mention you will raise kids better in the maisonette than in the apartment where the sun never shines.
Alafu time ya functions kama ruracio it’s so hard to host many people in an apartment. Sure you can rent space but the experience is better when done at the home compound.
 
#53
Hapa developer atakafunga if he or she sells this units to the gullible middle class. I can't imagine any prudent person forking out 30 million for 3 bedroom kennel at Two Rivers :D:D:D Halafu akinunua utapata the only willing tenant amekwamilia rent ya 40k per month and no other offers on the table. Wengi hujulia hapo walikamuliwa hadi settings na developer - when they try renting out the apartment. Because then, they get the real valuation of that property.
Ongezea service charge ,itabaki mwenyewe anaenda Choo za two rivers kulilia huko.
 
#59
I see the folly in BUYING a kennel in that Valley Arcade area, not RENTING that kennel from the sucker who bought it at a very bad price. I am not against living in the leafy suburbs by the way. I am against the unrealistic property prices in those addresses. Renters in such areas benefit more than the owners who sink millions in overpriced properties. Living at Valley Arcade (as a renter) is smart. Buying an overpriced property in the area is dumb.

Let me ask you something, how different is your life (as an owner) different from a renter in the same building? The renter enjoys the same living standards as you, but doesn't have dead capital locked up in a bad investment.
Quality of life for the renter and owner is the same .Same in Runda and Kibera .Your argument on 'dead capital ' is pedestrian because it's based on assumptions .You also assume that I overpaid for an apartment which is wrong because ..
a)you don't know my financial status .
b)you don't know the circumstances that made me own an apartment I was previous renting .
You are probably the type that see pople with cars on the road and go '' amenunua gari badala ajenge kwanza " or " siwezi chukua loan ninunue gari "
 
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