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3 TIPS TO CONSIDER WHEN INVESTING IN PROPERTY

Everyone everywhere is always looking for the best place to invest their money. So why not real estate? There are houses everywhere and people will always need somewhere to live either by themselves or with their family. So if you’re…

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NHC Spares Clients High Interest Rates

Mortgage holders with the National Housing Corporation will sigh with relief after the State agency announced on Wednesday it would maintain its 13 per cent interest rate despite the prevailing high cost of credit. NHC Managing director Andrew Saisi said…

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NAIROBI CLEARS SH. 168.8 BILLIONWORTH OF BUILDING PLANS

The value of building plans approved in Nairobi during the first nine months of the year rose by a 5.89 per cent to Sh168.76 billion compared with the same period last year. This is Sh9.94 billion more than plans worth…

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Price Hikes In Nairobi Above Global Average

PRICES for high-end residences in Nairobi increased by 3.5 per cent in the 12-month period to September, latest survey shows, pointing to renewed resilience. According to the Knight Frank Prime Global Cities Index for the third quarter, released on Monday,…

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Kenya Joins Africa in a New Plan For Affordable Housing

THE African Union for Housing Finance, an umbrella body of stakeholders in supply of houses in Africa, has backed well-restructured public-private partnerships to deliver affordable units. AUHF – bringing together mortgage financiers, building societies, housing corporations and other stakeholders –…

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Property Management’s Golden Rule

Three golden rules that successful, veteran property managers follow are: Personalize, Prioritize, and Philosophize, also known as “The Three “Ps”. Personalize has to do with your relationship with the people you work with, work for, and work around. Have clear,…

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Instead of Buying a car, Invest your First Salary in Property

In an industry where almost all players are obsessed with following trends, such as buying land for speculative purposes, it has emerged that a lot more value can be obtained by simply buying complete housing units specifically targeting individuals in…

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High Interest Charges Bring Mortgage Business to a Standstill

A spot check at National Bank revealed that interest charged on retail mortgages have been reviewed from 15.45 per cent to 18 per cent with a further review currently underway to determine the final figure to be announced soon with…

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