News

Covid-19 causes unprecedented pause in Kisumu’s real estate market

https://www.pd.co.ke/lifestyle/covid-19-causes-unprecedented-pause-in-kisumus-real-estate-market-49862/ Covid-19 causes unprecedented pause in Kisumu’s real estate marketBy Noven OwitiFriday, August 28th, 2020Recently built residential apartments at Riat Hills in Kisumu. Photo/PD/NOVEN OWITI  The prolonged impact of the pandemic on real estate business has resulted in a sharp fall in property prices in Kisumu town.Notably, the lakeside town is registering low demand for property, especially [...] Read More

Poor planning slams brakes on Kisumu facelift

Poor planning slams brakes on Kisumu facelift By Noven OwitiFriday, October 18th, 2019, Mediamax Network Limited www.pd.co.ke   Real estate developers in Kisumu have raised concern over the inadequacy of the current physical plan and are worried that prolonged land tussles have impeded a facelift. The proposed project to redesign Kisumu city’s physical plan, developers say, […]

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Demand for housing rises in Kisumu

By HAROLD AYODO (Updated Thursday, January 3rd 2013) - Standard Digital - Read original article here. Real estate in Kisumu has grown at an admirable pace as far as the construction of commercial and residential houses is concerned. Realtors concur that the outcome of the General Election in March may also be a game changer [...] Read More
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Kisumu housing estates moving further from CBD

By DALTON NYABUNDI (Updated November 14th, 2013) - Nation - Read original article here. Real estate investments are moving farther away from the central business district of Kisumu as the town’s infrastructure continues to expand. As the lakeside city moves towards a 24-hour economy, land-user change is phasing out the former town plan, which designated areas close [...] Read More
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Kisumu’s middle class to get stylish, affordable housing

By SILAS APOLLO (Updated Thursday, January 7th, 2016) - Nation - Read original article here. Property developers in Kisumu have promised a robust year of developments, with focus on the provision of alternative and affordable housing, as well as office space. Two such projects will be launched in April. The projects, which will be undertaken by AMS [...] Read More
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New estate to raise bar for housing in Kisumu

By SILAS APOLLO (Updated Thursday, December 18th, 2014) - Daily Nation - Read original article here. Coromandele Investment Group, the latest entrant into Kisumu’s real estate sector, has announced plans to build a unique, upper middle-class estate in the town that has created a buzz. Known as Riat Hill Villas, the project will comprise 30 housing [...] Read More
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Gated communities trend in Kisumu

By SAMUEL OTIENO (Updated Thursday, August 15th, 2012) - Star - Read original article here. Gated communities are the latest trend in Kisumu as home buyers seek privacy and security in the lakeside real estate market that has picked up recently. Such residential developments usually have a perimeter fence and allow controlled access by residents, who [...] Read More