As Nakuru’s Bondeni affordable housing project is scheduled to be completed in December 2023, the government’s affordable housing program continues to gain momentum. 45 one-bedroom, 180 two-bedroom, and 380 three-bedroom dwellings will be built as part of the project’s 605 total units.
Charles Hinga, principal secretary for the State Department of Housing, pointed out that the Bondeni project serves as an example of the benefits of working with the private sector. He noted that the units will be sold at the agreed-upon affordable rates since the project’s developer, Kings Sapphire Limited, agreed to take on the risk.
According to Hinga, the government offers the land, as well as the strategic investor provides the designs, funds, and construction project management experience to execute the project. He continued by saying that the State Department has collaborated with a strategic partner, Kings Sapphire Limited.
The PS also revealed that 20% of the apartments were bought by the Civil Servants Housing Scheme, which serves as the anchor tenant in the government-developed affordable housing projects and makes it easier for civil servants to get houses.
The Civil Servants Housing Scheme is taking on the Bondeni-Nakuru AHP project as its second project as part of the program. Additionally, it is the first step into other countries since the objective was to stimulate the establishment of affordable projects around the country.
Reported earlier
Dec 2021
Kings Sapphire Bondeni mixed-used Development Project
Spread over an area of 7.75-acres at Bondeni area in Nakuru, a city in the Rift Valley region of Kenya, Kings Sapphire is a mixed-used development meant to bring together shopping, working, living, and leisure in a seamless interplay of creative spaces.
Also Read:Â Mvule Gardens Housing Complex Development in Kilifi, Kenya
The project features 605 housing units, made up of one-bedroom, two-bedroom, and three-bedroom apartment units whose sizes range from 915 square feet to 700 square feet, and 366 square feet.
This is in addition to green spaces & attractive landscaping, secured masonry boundary wall, controlled access, and well-planned security checkpoints, units for physically disabled people, one designated parking space for each apartment, solar street lighting, water supply, and storage facilities, cabro paved driveways, community hall, children’s play area, kindergarten, recreational facilities, and commercial/retail shops.
Kings Sapphire project team
The project is developed by Kings Developers Ltd (KDL), one of the leading real estate companies in Kenya, in partnership with the State Department for Housing and Urban Development under the Affordable Housing Program (AHP).
