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Affordable housing units available for sale with prices ranging from Sh1 million, ministry says

Units in Nakuru, Embu and Machakos will however attract higher prices. A three bedroom unit in Machakos is selling at Ksh 5. 1 million

The ministry of Lands, Public Works and Housing and Urban Development has announced the completion of 4,888 units of affordable housing units for sale across 24 locations in Kenya.

A circular signed by Principal Secretary Charles Hinga indicates that the housing units come in various sizes to cater for diverse lifestyles and budgets.
“These homes are part of the transformative Affordable Housing Programme designed to make homeownership accessible to more Kenyans than ever before where monthly payment plans starting from as low as Ksh 3,900 to ensure affordability for all income levels,” he said.
In most locations, the prices range from Ksh 1 million for a studio (bed sitter),Ksh 1.5 million for a one bedroom, Ksh 2 million for a two bedroom and Ksh 3 million for a three bedroom.
Units in Nakuru, Embu and Machakos will however attract higher prices. A three bedroom unit in Machakos is selling at Ksh 5. 1 million.
The ministry, however, says homes are perfectly designed for the staff and stakeholders where they are strategically located near essential amenities.
It adds that it has partnered with leading banks and Saccos to offer affordable home financing solutions which come with low interest rates over a period of 30 years making repayment predictable and manageable.
The eligibility criteria have also been simplified to accommodate more Kenyans especially those previously excluded from traditional mortgages.
The houses are also available in Kiambu, Murang’a, Wajir, vihiga, Migori, Bomet, Laikipia, Nyandarua, Uashin Gishu, Kakamega, and Kirinyaga counties.
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