5 Things to Look Forward in 2018.

Not sure about you, but we’re so over 2017. From its unending political stalemates to its overhyped eclipse (sorry, not sorry), everything about it feels so…… Which is why we’re ready to usher in 2018 ASAP. Here are five things to look forward to come January.

1. The Return of the Real Estate Industry.

The real estate sector is poised for a comeback after the conclusion of the General Election. Industry figures for the first five months of the year indicate there was a marginal slowdown in the industry as a result of election uncertainties. According to the Kenya National Bureau of Statistics, the value of building plans approved by Nairobi City County between January and May this year went down to Sh105.6 billion from Sh126.3 billion in a similar period last year. it is, however expected that the pace will pick up once election related activities are over.

The expected rebound of the industry means investors should watch over housing prices, falling of building material prices, employment opportunities and more importantly, county governments who will be looking forward to fulfilling their election pledges.
Read more at: https://www.standardmedia.co.ke/business/article/2001252414/six-things-to-look-out-for-in-property-after-polls

Duchess Park – Hatheru, Laington

2. We Are Going to Have Another Royal Wedding.

Prince Harry and Meghan Markle are finally engaged and have already set a date for next year. During a special briefing at Buckingham Palace , officials revealed that the wedding will take place in May of next year. (The exact date has not yet been announced.) Notably, Prince Harry’s sister-in-law, Kate Middleton, is due to welcome her third child with Prince William just one month before. William and Kate’s own wedding date was also in the spring: April 29, 2011.

Prince Harry & Meghan Markle

3. 2018 FIFA WORLD CUP

The 2018 FIFA World Cup will be the 21st FIFA World Cup.  It is scheduled to take place in Russia from 14 June to 15 July 2018, after the country was awarded the hosting rights on 2 December 2010. This will be the first World Cup held in Europe since 2006.

Germany celebrating after their win against Argentina in the 2014 World Cup final

4. HOMES KENYA MAGAZINE ISSUE 72.

Homes Kenya Magazine, is the premier and most comprehensive real estate, property development and homes publication in the country. The glossy, high-quality magazine is the only one of its kind in the region and continues to set the pace in home living standards, while informing home owners, potential home buyers and living connoisseurs on the latest trends in the market. Currently produced once every two months, the magazine has undertaken to provide property and real estate intelligence focused on this region, in an attempt to fill the information gap created by Kenya’s fast growing real estate and property development sector.

Homes Kenya Magazine Issue 71

5. The 26TH Kenya Homes & Auto Expo.

It will be held on the 12th to the 15th of April 2018 at the Kenyatta International Convention Center in Nairobi, Kenya.

East & Central Africa’s authoritative voice of the real estate market. Occupying 3 amazing floors with exhibitors ranging from land owners, realtors, contractors, landscape artists, to interior design companies and insurers and bankers, we successfully deliver eye opening and innovative shows for the real estate industry.

Also premiering an exclusive motoring section dubbed “The Auto Pavilion“, designed to showcase vehicles for commercial and leisure activities.

REGISTER NOW!!!

The Blue Triangle 26th Kenya Homes Expo

Trendsetting Boutique Living in the Heart of Lavington

It’s about time you lived like royalty.

              Duchess Park – Live Like Royalty

Boutique living is no longer a story we read on the glossy magazines from international markets.  As more and more people gain purchase power, the need for outstanding designs in residential properties has taken center stage and as now more than ever, new developments have to keep up with the new trends.

Step into Duchess Park, home to one of the most unique design statements in property developments in East Africa.  Located in suburbia on Hatheru Road, Duchess Park is a sight to behold.  From the exteriors, all one can see is an endless high rise building, but once one sets foot inside the spacious and elegant interiors of the apartments, one is left in awe at the beauty and majestic allure of Duchess Park, a homely, luxurious community of spacious 3 and 4 bedroom all ensuite apartments and 5 bedroom luxurious duplexe apartments fit for a queen.

As the Kenyan real estate market looks towards the rising upper middle class, the likes of Duchess Park are a sure investment for the discerning home owners.  In the fast changing real estate market which does not seem to soon experience a boom, the trend has changed to building apartments and condos built like boutique apartments.  To begin, a boutique apartment is described as a home setting that is intimate, unique and luxurious.  The Oxford Dictionary defines the word boutique as a business or entity that serves a sophisticated or specialized clientele.

                               

This now begs the question, if a boutique is a sophisticated establishment, what then encompasses a boutique apartment?  In urban Nairobi, the middle to upper class Kenyans are now looking for more sophisticated living environments, which can afford them the luxuries of a hotel while still enjoying the comforts of a home.  No longer is it exciting to just own or live in an apartment in the city that just resembles an old school flat – now it is about living in utmost luxury and comfort.

Real estate developers are now fast turning to these kind of building environments and Sigimo Enterprises Limited, a fast rising real estate player is one innovative and trend setting developer that has taken the first step to provide such homes for the already established urbanites.   Built on a generous plinth area of 440 sq. m, the duplexe apartments at Duchess Park are fit with exclusive facilities including 2 lounges, private gym, bar, sauna and steam room.  One can walk around multiple high rise developments across the city, and not find anything closey familiar to Duchess Park.  From the top floor of the majestic apartments, the view of the Karen plains and the awe inspiring Ngong Hills is one to die for.  Where else in the city does one afford such views?  Nowhere, we can assure you.

Sigimo Enterprises, having observed the building trends in the country, opted to make a difference by building homes that have a unique aspect and leverage on the unique attributes of environments.  Sigimo Enterprises develops homes that produce a characteristic personal feeling in every space and develop one of-a-kind homes with an independent attitude – these are what can be defined as boutique apartments.

Property Features

  • Spacious 3 bedroom all ensuite apartments sitting on 210 sq. m with elaborate master bedroom with balcony and self contained domestic servants quarters.
  • Lovely 4 bedroom all ensuite apartments sitting on 230 sq. m with spacious master bedroom with balcony and self contained domestic servants quarters.
  • Luxurious and spacious 5 bedroom all ensuite duplexes with 2 lounges, bar and private gym among other amenities.

Duchess Park provides home owners with the ultimate luxury of having superb recreational facilities in the vicinity of your own apartment.  Unwind in the serene luxury of your home at Duchess Park, everything you ever wanted in an apartment.

SpringHill Park by Sigimo Enterprises

As the real estate market continues to evolve, focus has shifted to Kenyans who fall in the low to middle income bracket.  Even as property prices continue to rise steadfastly and developers leverage on high end properties in the city’s urban environs, there has risen a great need to service the housing needs of the rising middle income earners who are gaining purchasing power and low income earners.

Spring Hill Park, Kileleshwa

The recently commenced SpringHill Park by Sigimo Enterprises is already receiving a lot of interest from potential home buyers who are attracted by the visual appeal of the apartments that are set to have a rooftop swimming pool – a feature that none of the apartments in the Kileleshwa area have.  The premier development of elegant 3 bedroom apartments and penthouses built in the fast growing locality, overlook the scenic Arboretum Forest and offer a tranquil and serene living environment for the discerning home owner who would like a home in close proximity to the Central Business District. Read more

Buttermilk pancakes with caramelised banana.

Hi, I’m Victoria. Great to eMeet you!

For most Kenyans, purchasing a home is a major milestone that tops many people’s lifetime to-do lists — and maybe their list of financial fears too in some cases. My story is not so different. I grew up with fairly able parents who offered me a decent education all the way to university. A massive graduation party was next in line. I had my International Relations degree tattooed on my back!

It wasn’t long before a graduate position came calling and I joined a leading microfinance institution. With a little disposable income,I could afford to spend the weekend with my girls & close friends. Unlike my university days, I could go out and spend my own money rather than depend on what we used to call “donor aid from Mum”. Fluffy buttermilk pancakes with caramelized banana and vanilla gelato was slowly becoming a weekend ritual. Life was good! A couple of years down the line, I moved out of home and I knew this was the time to start thinking about the idea of owing a home. You know when you get to that point where you’ve had enough of paying rent?

While house hunting for the first time can be exciting, tales of regretful home-buying mistakes and the not-so-distant housing market meltdown have also given it a bad name for being a stressful and confusing process. My biggest fear was mortgage. This word is like a horror movie to people. This huge axe above your life waiting to drop on you and break your frame into 2. The idea of being in debt for the next 20 years is something that doesn’t sit well with a lot of people. “It’s too risky for me. I don’t think it’s meant for someone like me. Coz like I don’t earn 200K a month or stuff. Nahh”. Let’s be honest, isn’t that what we all think?
Like most millennials, I jumped on Google to do some research on the best rates for mortgage financing at different institutions. The never ending tale of “your income can’t afford you this” came to a too good hamming song and I was at the brink of giving up when one day a friend referred me to a real estate agency. The agency took me through training on the different models, their cons and pros and I was pretty impressed this time. “Where was I all this time?” I kept asking myself.
Your guess is right – I was able to pick the model that was convenient for me and today I understand what it truly feels to be a first-time home owner. The misconception that people have about house mortgages is misleading because it’s an investment into the future – not for now. Whether you have a house to your name or not, you will have to pay rent either way, so how about you get into a mortgage plan – the mortgage payments will be your regular rent expenditure. The only difference is that the house now belongs to YOU.

Buttermilk pancakes are great, but owning a house is an even greater deal. The point is the Kshs. 2,000 you spend on the regular weekend brunch can go towards a house deposit or your mortgage plan. I will be joining you at the #HomesForAll themed event at KICC Nairobi from 27-30th October 2016. It’s all about #AffordableHousing for every budget from as low as Kes. 50,000 per month.

What’s your excuse?

Buttermilk pancakes with caramelized banana

#AffordableHousing #HomesForAll #HomesExpoKE