Jacaranda promises better quality as Phase 3 kicks off
Construction of a housing development targeting middle-income earners at a cost of over Sh2 billion is currently under way on Kamiti Road in Nairobi. FILE PHOTO | NATION MEDIA GROUP
What you need to know:
The Chinese developer SIETCO also built Kasarani Stadium, Safari Park Hotel, and Regency Hotel, among others.
Nairobi, which is facing a rapid population growth, contributes the most to the country’s housing demand of 200,000 units per year. Jacaranda Housing hopes to alleviate a bit of the demand by delivering additional units to the market. Phase three will have 290 units of two-, three- and four-bedroom houses.
Construction of a housing development targeting middle-income earners at a cost of over Sh2 billion is currently under way in Kamiti Road, Nairobi.
The project, on the same location where the current Jacaranda Gardens stands, is among the first Chinese-owned local housing projects. It comes months after buyers of the first phases of the development claimed they had been short-changed by the developers, who promised them amenities that, the residents claimed, were not delivered.
STILL MEET THEIR END OF THE BAIRGAIN
The developers, however, explained that, while provision of the amenities had been delayed, they would still meet their end of the bargain.
Located about 15 minutes’ drive from the City Centre, over 550 units of phases one and two of the project are already complete. Tom Shen, the Jacaranda human resource and legal affairs manager, says the estate stands on a 21-acre piece of land and is the biggest apartment project in East and Central Africa.
“Our target is to quell the demand fuelled by the housing shortage as we adhere to high quality standards, with high levels of environmental conservation,” said Mr Shen.
The Chinese developer SIETCO also built Kasarani Stadium, Safari Park Hotel, and Regency Hotel, among others.
Nairobi, which is facing a rapid population growth, contributes the most to the country’s housing demand of 200,000 units per year. Jacaranda Housing hopes to alleviate a bit of the demand by delivering additional units to the market. Phase three will have 290 units of two-, three- and four-bedroom houses.
The project joins the likes of Sunset Boulevard, also a multi-billion housing project targeting the middle class with serenity and high quality construction at the core of its projects. Sunset Boulevard is situated in Athi River with an estimated 400 units of housing ranging from two, three and four bedrooms.
Greatwall Apartments, owned by Edermann Property Ltd, situated along Beijing Avenue in Mlolongo, off the Nairobi-Mombasa highway, also targets middle-income earners with affordable housing.
