The Kenya Ports Authority pension scheme is planning to build a 198-units housing development in Nairobi’s South C area.
The project will be built on a 1.2-hectare parcel of land located about a kilometer from Mombasa road, along South Park road which also serves Eka Hotel and Nextgen Mall.
The proposed project involves the construction of a gated community having three building blocks of 11 floors each composed of 66 three-bedroom apartments and DSQs.
In total, the project will contain 198 units and will be fitted with two high-speed lifts for each block, a 396 capacity parking bay and other salient and auxiliary facilities.
The buildings’ ground floor level will be used as a parking bay by the residents with each residential package allocated two parking spaces.
The three-bedroom apartments will include detached servant quarters while the rooftop level of the buildings will be used to lay solar panels for heating water.
The total cost for the proposed project is estimated to be Kshs. 1,702,985,278.09
Kenya’s rapid population growth of 2.6 percent per annum, compared to the global average of 1.2 percent, and an urbanization rate of 4.4 percent against the global average of 2.1 percent has led to a high demand for affordable housing in urban areas.