Under Construction: Affordable Housing | Park Road | 2,000 Units - Tunachapa Kazi!

[Mekatilili]

Low-income houses set to be built on Nairobi’s Park Road​

SUNDAY, SEPTEMBER 16, 2018 22:00

Kenya and international mass housing developers have been invited to design, fund and build residential houses at Nairobi’s Park Road estate for sale to low-income earners.

The estate is situated in the Ngara area just next to the central business district and features heavy public service vehicle traffic. In a public notice posted in the dailies, the government said developers and their partners are expected to formulate designs that accommodate the houses together with related social and commercial amenities.

This is the second invite sent out to investors after the Mavoko project tender last January on the proposed 8,000 housing units to be built on a 55-acre parcel of land.

The Friday notice said applicants will be required to include a Sh40 million bid security from a reputable bank with the winning bidder expected to post a commitment fee equivalent to 10 per cent of the project’s value within 30 days after notification.

“The commitment fee will be deposited into an escrow account with a reputable bank in Kenya. Failure to which the bidder will be disqualified and the employer shall call on the bid security,” it said.

Inclusion of the private sector in the execution of public projects is a major paradigm shift from tradition where the government directly implemented projects whose cost was regularly reviewed upwards, while most stalled.

​

Source: Business Daily Africa

 

[Mekatilili]

This is a great start. I think affordable housing might become a reality if we power on. We can realize multiple projects of this magnitude and even greater in every county.

 

[MK254]

Owning a house within the city or a short distance away from CBD has always been a dream to every low and middle income earners, hitting your office in the city centre is just 30 minutes away hence improving your productivity and results.
This should be replicated in all towns and cities, we are moving damn so well.

 

[Depay]

This is definitely going to change the housing landscape in the country.Go Kenya Go

 

[sevenup]

Plus the river estate project which is just a distance from the CBD....by now they're done with the river banks, but still the pace is too slow on excavation side where they're using only one excavator.

 

[Arnold mrass cannambo]

Owning a house within the city or a short distance away from CBD has always been a dream to every low and middle income earners, hitting your office in the city centre is just 30 minutes away hence improving your productivity and results.
This should be replicated in all towns and cities, we are moving damn so well.

Mombasa and Kisumu are in critical conditions. They should venture in all the 3 Cities and completely do away with Slums.

 

[1academ]

aisee hongera zetuuu kwa sana tuu....tuko vizuriiii!

 

[Mekatilili]

Mombasa and Kisumu are in critical conditions. They should venture in all the 3 Cities and completely do away with Slums.

Exactly. The plan targets all the counties. Mombasa is on course for the ground breaking of a huge housing project. Kisumu and Nakuru are also on the same path.

 

[Tony254]

Low-income houses set to be built on Nairobi’s Park Road​

SUNDAY, SEPTEMBER 16, 2018 22:00

Kenya and international mass housing developers have been invited to design, fund and build residential houses at Nairobi’s Park Road estate for sale to low-income earners.

The estate is situated in the Ngara area just next to the central business district and features heavy public service vehicle traffic. In a public notice posted in the dailies, the government said developers and their partners are expected to formulate designs that accommodate the houses together with related social and commercial amenities.

This is the second invite sent out to investors after the Mavoko project tender last January on the proposed 8,000 housing units to be built on a 55-acre parcel of land.

The Friday notice said applicants will be required to include a Sh40 million bid security from a reputable bank with the winning bidder expected to post a commitment fee equivalent to 10 per cent of the project’s value within 30 days after notification.

“The commitment fee will be deposited into an escrow account with a reputable bank in Kenya. Failure to which the bidder will be disqualified and the employer shall call on the bid security,” it said.

Inclusion of the private sector in the execution of public projects is a major paradigm shift from tradition where the government directly implemented projects whose cost was regularly reviewed upwards, while most stalled.

​

Source: Business Daily Africa

I am shocked. I never knew such a project existed.

 

[Tony254]

Low-income houses set to be built on Nairobi’s Park Road​

SUNDAY, SEPTEMBER 16, 2018 22:00

Kenya and international mass housing developers have been invited to design, fund and build residential houses at Nairobi’s Park Road estate for sale to low-income earners.

The estate is situated in the Ngara area just next to the central business district and features heavy public service vehicle traffic. In a public notice posted in the dailies, the government said developers and their partners are expected to formulate designs that accommodate the houses together with related social and commercial amenities.

This is the second invite sent out to investors after the Mavoko project tender last January on the proposed 8,000 housing units to be built on a 55-acre parcel of land.

The Friday notice said applicants will be required to include a Sh40 million bid security from a reputable bank with the winning bidder expected to post a commitment fee equivalent to 10 per cent of the project’s value within 30 days after notification.

“The commitment fee will be deposited into an escrow account with a reputable bank in Kenya. Failure to which the bidder will be disqualified and the employer shall call on the bid security,” it said.

Inclusion of the private sector in the execution of public projects is a major paradigm shift from tradition where the government directly implemented projects whose cost was regularly reviewed upwards, while most stalled.

​

Source: Business Daily Africa

Bila China Africa bado tungekuwa stone age.

 

[Mekatilili]

Bila China Africa bado tungekuwa stone age.

We constructed some of the biggest public housing estates in the 70s and 80s. From South C to South B and in every major city. We dropped the ball from the late 80s into the 90s when we allowed the IMF and World Bank's demands for austerity and allowed crony capitalist to wrangle housing from the mandate of the government.

Housing is a human right and we must urge the government to treat it that way.

This is the reemergence!

 

[Kevin85ify]

Is it not funny how kenya sets the agenda for african countries. When the GoK started with affordable housing, now all over africa from nigeria to ghana to botswana they are all talking about affordable housing. In fact Afdb estimated that it would need about Kshs 100 trillion for africa to meet housing needs on the continent
This project has offered employment opportunities to our small businesses especially the Jua Kali artisans who have been contracted to supply over 180,000 metal doors at a cost of Sh5 billion

 

[Mekatilili]

Gov't to deliver first round of affordable housing to Kenyans by 2020 : KTN News

www.standardmedia.co.ke

 

[Mekatilili]

Kenya to construct 117,000 affordable houses in redevelopment plan

The government of Kenya has unveiled plans to construct 117,000 affordable houses to replace 15,000 old ones in an infrastructure development plan

constructionreviewonline.com

 

[Mekatilili]

Another project just broke ground!

 

[Mekatilili]

How mass housing has mainstreamed city artisan associations

Kenya should rope in more taxpayers by creating incentives that encourage informal businesses to formalise operations.
Housing and Urban Planning PS Charles Hinga said small and medium enterprises, which employ about 80 percent of Kenyans, should be encouraged to register with the Kenya Revenue Authority as a precursor to doing business with public entities.

Speaking in Nairobi during the launch of Cytonn High Yield Fund, Mr Hinga said county and national governments could attract new ratepayers and taxpayers by creating an avenue for informal businesses to formalise their operations as a prerequisite to getting business.

“We forced three entities, Ngong, Kariobangi and Kamukunji Jua Kali associations to come together and awarded them a Sh122 million tender to make doors and windows for 1,370 housing units. They have since evolved into a single entity with 10,000 employees (artisans) called Ngokamka Company,” he said.

This enables local companies to build capacity and a corporate structure that enables them to compete for big-ticket jobs against moneyed foreign contractors.

How mass housing has mainstreamed city artisan associations

Kenya should rope in more taxpayers by creating incentives that encourage informal businesses to formalise operations.

www.businessdailyafrica.com

 

[Mekatilili]

State housing scheme lifts sluggish sector

Government’s investment in affordable housing has lifted a sector that had shown signs of distress.
According to Leading Economic Indicators December 2019 by Kenya National Bureau of Statistics, the value of buildings approved during the first half of the year came in at Sh113.25 billion, a 12.4 percent increase from Sh100.76 billion during the same period in 2018.

The value would have been higher were it not for delays in approval procedures in Nairobi.
“The increase in value bucks the trend that has been witnessed over the past three years,” analysts at Cytonn Investments said.
In July, the State started the construction of Pangani Heights, one of the flagship projects under the affordable housing initiative meant to deliver 500,000 residential units by 2022.

The state department of housing in October also unveiled a plan to construct 117,000 units in Nairobi’s Eastlands, a development that targets estates including Buru Buru, Makadara, Kimathi, Eastleigh, Mbotela and Majengo.

State housing scheme lifts sluggish sector

Government’s investment in affordable housing has lifted a sector that had shown signs of distress.

www.businessdailyafrica.com

 

[steveachi]

How much Kshs will it cost to have an apartment there?