Jelyne Real Estate

12/02/2016

Fusion Capital this week launched a Kshs. 11.5 bn housing project in Nairobi, targeting the high-end and middle class income earners. This property, dubbed ‘’Galaxy Gardens’’ is located on a 100-acre piece of land next to Tatu City. The development shall comprise of 470 housing units of 3, 4 and 5 bedroom units. The project has been selling off-plan with prices ranging from Kshs 12 mn to Kshs 40 mn. Developments such as these are in response to: 1.The housing shortage that has long plagued Nairobi, 2.The growing middle class which are looking to be first time home buyers, and 3.Availability of large tracks of land next to upcoming cities and mega developments, which create value for the neighborhood.

12/02/2016

3 bedroom apartment for sale. In a compound with only 4 units at Kshs 7M.

24/01/2016

Now, one thing I tell everyone is learn about real estate. Repeat after me: real estate provides the highest returns, the greatest values and the least risk.
Armstrong Williams

14/12/2015

The Water Services Regulatory Board (WSRB) has introduced a sewerage levy that is to be charged at 5% of the water bill. The levy will serve to fund sewerage network infrastructural development which has proven inadequate given the rising population densities in the urban and peri-urban areas. Over the past few years, there has been a population influx into satellite town areas and development has increased to cater for this rising demand for housing. However, infrastructural networks including roads and sewers have not been developing at the same pace resulting into an overload of the existing infrastructure. The National Water Master Plan is targeting to have sewerage systems developed in 95 out of the 215 urban centres by 2030. The revenue generated from this levy will thus go a long way towards achieving this goal. It is commendable that the WSRB has taken this step as we believe that real estate development should not happen in isolation. There is need to put in place the necessary infrastructure to support development.

14/12/2015

Last week, the Kenya Property Developers Association (KPDA), released their Q3’2015 report on Nairobi City Council Building Permit Approvals. According to the report, 722 permits were granted during this period with the value of developments approved standing at Kshs 44.7 bn up from Kshs 29.2 mn as at Q1’2015. This is a 53.1% increase in the value of developments approved pointing at increased development activity in the real estate sector. We attribute the lower number of building approvals in Q1 to the crackdown by the National Construction Authority which was aimed at reducing the incidences of building collapse which had become rampant at the time. The report further identifies Karen as the location with the highest number of building permit approvals given that 11.1% of the total building permits granted was for the Karen area. Industrial area is second behind Karen with a 4.8% proportion of the total building permits. The continued relaxation of zoning restrictions in the Karen area coupled with decreasing acreage per dwelling unit could explain the increased number of permit approvals.

24/11/2015

04/11/2015

APARTMENT BLOCK FOR SALES for Kshs 28,000,000
( 4 three bedroom units)

Entire building and not single units. The property is 30kms from Nairobi, about 10 KMs from JKIA and 200m from Mombasa road highway. The location is very secure and there is a perimeter wall for added value.

The property is primely placed with access to schools such as Lukenya Group of schools, Kitengela international School, Mutonguni Academy etc. Numerous shopping centers such as Athi River where you will get the Tuskys supermarket and Kitengela that has Naivas and Acacia supermarkets. Hospitals such as Agakhan, Mater, Gertrude's and Meridian. Several mosques and churches such as Mavuno, house of Grace and the Catholic Church all at walking distances.

The apartment block consist of 4 units;Each unit has 3 bed rooms, 2 of the bed rooms are en suite and the master bedroom has an inbuilt closet. All houses are fitted with an alarm system and door bell.

The compound has parking for a max of 10 cars. There is septic tank that is fitted with a bio digester with 10 yrs warranty. There is adequate supply of water from the main line.

The units are all finely finished and carry intricate designs that make them homely.Expected Rental Income 120,000KES per Month. Current income is 80,000 KES.(All houses are occupied)

The property was featured on the Nsoko Property show the first 7 or so minutes. Below is the link.

The N-Soko Property Show episode 94

https://www.youtube.com/watch?v=CPAjSuaY-5c

For more details please call

0720 689 207

31/10/2015

APARTMENT FOR SALE!!!

Imagine an opportunity of owning a prestigious serviced apartment with fully dedicated business facilities managed by an internationally accredited management company within the excellent address of Kilimani! Well, you now have the chance to own one at The SOHO serviced apartments that provides you with an international business environment within the convenience of your residence. The apartments come with unparalled touch of conference facility, 2 restaurants offering different menu, a fully equipped gym with unmatched view of the heated rooftop swimming pool, a spa and sauna and further still, excellently designed interiors in your apartment of choice. Aside from the lifestyle features, the developer has engaged an international Hotel and Serviced apartment management company that shall ensure not only daily services to your guests but also guarantee on the monthly investment returns in the both short and long stay rental value. Yours therefore is to invest, sit back and check on your bank accounts!

The development offers six alternative choices of; 1 bedroom, 2 bedroom duplexes and 3 bedroom duplex apartments each uniquely designed

to maximize on efficiency of space, natural lighting and the stunning views of the landscaped gardens and the picturesque city of Nairobi and the amazing Ngong Hills.

This prestigious investment has been designed with a lot of passion. Every single detail has been thought, thought over again and refined to ensure a subtle set. Hence, this uniquely defined establishment has become an idyllic space where two antagonistic worlds successfully merge business and luxury living.

Due to its serene yet secure setting, which is in close proximity to all the recreational facilities that a modern lifestyle requires, this is the ultimate development that anticipates the growing need for a quality living environment in Nairobi, and delivers all the amenities for a surpassed quality life. Soho combines luxury, excellent design and superb engineering to come up with a fine and stylish craftmanship that magnificently defines lifestyle in the city.

All this at an affordable price.
Studio apartment at Kshs 7.5M
1 Bedroom at 13.5M - 13.7M
2 Bedroom at 17M - 19.7M
3 Bedroom at 19.8M
4 Bedroom (Penthouse) Kshs 30M - 32M

For more information call 0720 689 207

05/10/2015

3 bedroom apartment to rent, two bathrooms (master is ensuite).
Features a large living room with spacious balcony, separate dining room, kitchen with pantry and special dobe area.
In a compound with only 18 units, on the quiet and serene East Church Road, 5 minutes away from Westlands shopping area
Going for Kshs 90,000. There is an additional service charge of 10,000.
Call 0720 689 207.

07/08/2015

Affordable.

20/07/2015

Land for sale 50*100 @ Kshs 900,000 0nly!!
Located in a fast growing Thika County . Thika ngoingwa Thika. Juju Komo.Very fast growing.
for more details call 0725 703 237.

15/07/2015

How do these places even exist?