Low-Cost Houses a Reality in Mombasa's Upmarket Estates

The property market in Mombasa County is experiencing a major shift, with low-cost houses now making their way into upmarket areas of Nyali and Shanzu.

By GITONGA MARETE

The property market in Mombasa County is experiencing a major shift, with low-cost houses now making their way into upmarket areas of Nyali and Shanzu.

Kenya Projects, a property development firm, is putting up low-cost housing units in Shanzu, with the firm saying of the 100 units on sale, 30 of them have been sold off-plan.

The two bedroom units with a car park are located about 500 metres from Serena Beach Hotel and are going for Sh2.5 million, which is far below the normal price of between Sh5 million and Sh10 million within the locality.

READ MORE: http://www.nation.co.ke/lifestyle/DN2/Low-cost-houses-a-reality-in-Momba...