LOW COST HOUSING LAUNCHED BY THE GOVERNMENT OF KENYA

LOW COST HOUSING LAUNCHED BY THE GOVERNMENT OF KENYA

By African Times Special Correspondent

The State Department for Housing and Urban

Development Principal Secretary Charles Hinga

and other senior government officials, Tushia

Global Holdings Chairman Bishop Mark Kariuki

and reputable local private developers

launched a premier luxurious-low cost housing

Samara Estate project in Kiambu County.

Speaking at heart of the expansive 774

hectares of Migaa Golf Course, Chief Guest at

the launch ,Housing Principal Secretary Mr.

Charles Hinga hailed the commitments by

stakeholders to deliver the promise of 500,000

homes under the Affordable Housing

Programme.

“Samara Estate is a reflection of what

affordable housing is all about. The Programme

offers the government and private developers

an opportunity to join efforts and expertise in a

venture that must meet the dream of a typical

Kenyan. I believe strongly that owning a home

equates to owning a piece of the country’s

economy.”

The Affordable Housing Project (AHP) was

launched in December 2017 as one of the

national government’s four pillars of growth, in

the President’s Big Four Plan. The AHP

promises to deliver 500,000 affordable homes

over a five-year period, and involves a number of

incentives and supports to enable the delivery

of affordable housing in Kenya.

Bishop Mark Kariuki reiterated that the private

sector’s resolve in ensuring community

development through strengthening Private

Public Partnerships (PPPs) with the national

and county governments.

“Samara Estate is an aspiration living housing

project that will stand as a testimony for many

Kiambu residents and Kenyans at large. The

estate will house close to 2,000 units and

become a home to countless more. Indeed, the

typical Kenya no longer wants to rent or lease

for a time.But, as this crisis continues to show

us, owning a home is for the long run the most

deliberate investment.” He asserted.

The residents will enjoy breathtaking forest

cover views drenched in sunlight and tranquility

and unsurpassed lifestyle at the Migaa Golf

Course.

China Building Technology Group Kenya (CBTG)

are the contractor and financiers for the project.

The Group’s Chief Executive Officer Tom Kimani

Zeng is upbeat of completing the entire project

in a record time.

“Samara It’s a very good project, we envisage

that we will deliver the entire apartments and

mall in three years, the development is without

doubt unparalleled in the residential market

thus far” said Tom.

The units will retail at Kshs 2.95 million and

3.95 million for the two bedroom and three-

bedroom apartments respectively. Tushia

Global Holdings, a leading consultancy in real

estate and diverse sectors bagged the

consultancy and sales contract for the Samara

Housing project that is being developed by

Sycamore Pine Ltd.