This archive report was first published on 18 June 2020.
Published on June 18, 2020, over 300,000 people have expressed interest in 228 low-cost houses in Nairobi's Ngara estate.
The houses, built by China State Construction Engineering, are part of a larger 1,370-unit development on a 7.9-acre parcel.
According to Charles Hinga, Principal Secretary for Housing and Urban Development, allocation will be done based on gender equity and diversity.
Mr. Hinga noted that information on the planned sale, which will also consider marginalized and vulnerable groups, is available on the government's online portals, bomayangu.go.ke and housingandurban.go.ke.
“The government will be allocating the completed houses in Parkroad, Ngara. The allocation process of these houses is done in accordance with the Constitution,” he said in a notice.
The units are priced at Sh1 million for a one-bedroom unit, Sh2 million for a two-bedroom unit, and Sh3 million for a three-bedroom unit.
Beneficiaries who are unable to settle the purchase price on the spot will have to pay a 10 percent deposit with the rest paid over 25 years under a rent-to-own arrangement.