Resetting Excellence: A Special Message From The MD
2020 has been a rollercoaster. The COVID-19 pandemic has caused unimaginable disruptions both in business and personal lives. At Squarefoot Real Estate, we scaled back on our operations in line with health safety measures outlined by the government and the World…
Opportunities and Challenges of Real Estate Agency in Kenya
Unbeknown to many, real estate agency is an old profession whose practice began in the early 1900s in the United States of America like many other things that trace their roots from the great land of opportunities. In Kenya, however, records…
Buyers Dilemma: Can We Trust Kenyan Property Developers?
There is a silent but profound panic among real estate buyers in Kenya’s market. This comes after one of the pioneering real estate development company short-changed their customers. Indeed there have been many others but they didn’t get much media focus.…
The Convenience of Residential Housing in Nairobi City: Does Location Still Matter?
Recently, one of the leading local TV stations aired a short documentary film titled Dawn Break. The news story delved into the issue of children waking up in the wee hours of the morning; as early as 4:30 am to go…
The Aftermath: Kenya´s 2019/2020 Budget and The Real Estate Industry
Every year, the annual budget speech brings its fair share of anxiety among the public and more so the business community. This year’s budget was read against the background of a seemingly declining economic performance going by the number of job…
Why South B is Nairobi’s New Home of Real Estate Investment
A silent revolution is underway in Nairobi’s real estate industry. Long-standing hot property suburbs are facing an onslaught from non-traditional property nodes. Kilimani, Lavington, and Westlands have for the longest time dominated the capital’s real estate residential housing market. However, it…
Part III [Final Series]: The Future of Land Investment in Kenya
Will Rodgers once said, "Buy land, they ain't making any more of it." This timeless adage in the real estate industry continues to hold true several decades since the words were first uttered. From the face of it, depending on where…
Opportunities in Urban Housing: A Case of Nairobi City
With 22% of Kenya´ population living in the cities and an urban population growth rate of 4.4% every year, it´s estimated that the current housing in the country stands at 2 million houses. Kenya requires approximately 200,000 new housing units every…
Part II: Challenges Facing Land Investment in Kenya
Land investments in Kenya have truly transformed places that were previously desolate and had previously been thought to be inhabitable. From Kikambala in Kilifi County, this is a just one of the many makeovers happening across the country leading to the…
Part I: What You Need To Know About Land Investment in Kenya
Land is an important factor of production. In Kenya, just as in many other societies, it is essential for wealth creation and the ownership brings social and economic power depending on the acreage under one’s custody. Currently, about 80% of the…