Centum Breaks Ground On Loft Residences
By Estate Cloud - over 2 years ago - Kenya
Centum real estate has launched a third housing project, the Loft Residences, at its Two Rivers Development.
The project follows the company’s Riverbank and Cascadia Apartments which are also under construction at the site. Loft residences which is designed for the high-end segment of the property market will feature 4-bedroom+DSQ duplexes, with each sitting on two levels.
The development will also feature a multifunctional clubhouse, a heated infinity pool and several jogging tracks within the Two Rivers development.
Centum Real Estate MD, Samuel Kariui said, “This is a high-end product with each unit offering 3,014 square feet of urban elegance. At the heart of the architectural design is a large terrace that opens up to large and expansive private gardens – a first in Kenya for condominium styled living.”
Mr. Kariuki said the contractor for the work has been awarded to Seyani Brothers & Co., a Tier-1 contractor, to ensure the product is completed to the highest standards and quality. The project is set for completion in 2022.
According to centum which validates its developments by targeting 30% pre-sales before breaking ground on any project, the Loft Project had achieved a 50% pre-sales level as of, validating demand.
The project is located within the Two Rivers Residential District which occupies 30 acres of the larger Two Rivers Development. The project is estimated to cost KSh. 2 billion.