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Real Estate

Governor Mike Sonko to Build 200,000 Cheap Housing Units for Sale to Nairobi Residents

Governor Mike Sonko to Build 200,000 Cheap Housing Units for Sale to Nairobi Residents
Governor Mike Sonko to Build 200,000 Cheap Housing Units for Sale to Nairobi Residents

Nairobi Governor Mike Sonko has revealed plans by his administration to built 200,000 low-cost housing units in the next five years for sale to city residents.

Sonko said the project is in line with President Kenyatta's big four agenda and will see units sold to residents at between Sh1 million and Sh3 million.

Speaking on Monday during the second urban dialogue on delivering cheap houses in Nairobi, Sonko said the first phase of the project has already started. 

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He added that the county expects to set up between 10,000 and 12,000 housing units in the first phase.

“We have already called for expressions of interest for Phase Two, and other phases will follow immediately thereafter. In total, we plan to deliver about 200,000 units as Nairobi County Government,” he said.

"We are negotiating a 70:30 ratio with developers, where every project must have at least 70 per cent houses under Sh3 million. The developers can then build more expensive units on 30 per cent of the project," he added.

Several informal settlements including Mukuru slums and Mji wa Huruma slums have been earmarked for upgrade under the affordable housing program.
 

Comments (2)

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  1. Romeo23Oct 15, 2018

    1M to 3M sio cheap expand railway watu waende deep Soykimau etc wabuy plot za tuseme 250k weka kahouse tuseme ya 400k uwe na kaboma ka kupanda sukuma..fuga kuku ya mayai serikari weka maji sitima..shule..soko..na uko na Compound yako.But sio project mbaya it will benefit a few or become a scam belief you me.

  2. formerlyguest2Oct 16, 2018

    I do not know when you were last in that side of Tow aka Syokimau, that whole area is almost sold out , maybe now head close to Machakos town but with good transport system, that is doable :-) . One can live in Athi River and take SGR into town. Heh people commute even 2 hrs here in US for jobs...

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