Housing & Investments - Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

Senate committee approves affordable housing regulations

Sacco ReviewAugust 8, 202503 mins

The Senate Committee on Delegated Legislation has consented to the Affordable Housing Regulations 2025 to facilitate seamless implementation of the Affordable Housing Programme. Chaired by Senator Mwenda Gataya (Tharaka Nithi), the committee was taken through the objectives and key components of the proposed Regulations, which are set to guide the implementation of the Affordable Housing…

Report: Landlords opt for tenant retention over rent increases amid tough economic times

Sacco ReviewJuly 28, 202506 mins

Landlords across Kenya are opting to keep rental rates steady despite the turbulent nature of the economy, this is in a bid to maintain occupancy levels. The trend, observed in the second quarter (Q2) of 2025, comes as the cost of living continues to erode disposable incomes and tightens tenants’ wallets. At the same time,…

KCB given greenlight to sell 7 houses in Ksh446 million loan recovery

Sacco ReviewJuly 16, 2025July 16, 202504 mins

Kenya Commercial Bank (KCB) is set to sell 7 residential units, owned by real estate developer Mahugu Limited, to recover a substantial loan amount. This comes after the court cleared the bank to proceed in the loan recovery spree. The ruling by Justice Peter Mulwa comes amidst a Ksh446 million loan dispute and claims by…

Ruto, Raila commission Ksh66 billion Makasembo Housing Project in Kisumu

Sacco ReviewJuly 9, 202505 mins

President William Ruto and former Prime Minister Raila Odinga officially commissioned Phase I of the Makasembo Affordable Housing Project in Kisumu on Saturday, May 31. The project, developed by the Local Authorities Pension Fund (LAPFUND), marks a major milestone in the government’s affordable housing programme and the broader Bottom-Up Economic Transformation Agenda (BETA). Construction of…

Why Coops uptake in Affordable Housing program remains low

Sacco ReviewJuly 3, 202506 mins

Housing Co-operatives, SACCOs as well as Investment units of these Societies appear to have given the state-run affordable housing program a wide berth. A spot check of various players in the Housing Cooperatives Segment reveals lack of interest in the program by most while others cite numerous bottlenecks. Savings and credit co-operatives (SACCOs) Top Executives…

PS Hinga reveals ambitious housing plan as Housing levy surpasses ksh120 billion mark

Sacco ReviewJune 27, 202507 mins

Principal Secretary for Housing and Urban Development Charles Hinga has announced that the government has successfully collected approximately Ksh120 billion through the Housing Development Levy in a significant update on the Affordable Housing Program. Speaking in Mombasa at a meeting with the National Assembly Departmental Committee on Housing, Urban Planning and Public Works, Hinga revealed…

Boost for SMEs as multibillion warehousing facilities open doors at Tatu City, create 1,000 jobs

Sacco ReviewMarch 5, 202508 mins

Small and Medium Enterprises (SMEs) in the country are set to benefit from multibillion-dollar warehousing facilities that have opened doors at Tatu City in Ruiru, Kiambu County. The Link Warehousing & Logistics Park is a joint initiative between Tatu City Limited, Chandaria Properties, Mahesh & Tirth Construction, and Steel Structures. It is expected to provide…

Kisumu County Government hands over Ondiek Estate to NHC for redevelopment

Sacco ReviewMarch 4, 202505 mins

The County Government of Kisumu has officially handed over the old Ondiek Estate to the National Housing Corporation (NHC) for a major redevelopment project. The announcement, made by Governor Anyang’ Nyong’o, marks the settlement of a long-standing Sh900 million debt owed by the county to NHC. This debt, inherited from the defunct Kisumu Municipal Council,…

Property prices in Nairobi’s suburbs and satellite towns rise by 0.8%

Sacco ReviewJanuary 24, 202504 mins

HassConsult has published the Hass Property Price Indices for the fourth quarter of 2024, revealing notable distinctions between quarterly and annual property market trends. Quarterly sales prices in Nairobi’s suburbs and satellite towns rose by 0.8 percent, slightly up from 0.7 percent in the third quarter. On an annual basis, sales prices grew by 5.2…

Govt launches online platforms (ardhisasa) for land transactions

Sacco ReviewJanuary 23, 2025January 23, 202502 mins

The Ministry of Lands, Public Works, Housing and Urban Development has stopped use of old generation mutation forms for land transactions. The ministry has instead developed online platforms (ardhisasa) to assist in land transactions in the country. In statement by Director of Surveys Maritim Weldon dated 14th January 2025,the ministry says the online platform will…