Summary
- Civil servants will be given the first priority to choose from the one-bedroomed units going for Sh1 million, Sh2 million for two bedroomed units and Sh3 million for three-bedroom houses.
- Those who will be unable to settle the purchase price upfront will pay a 10 percent deposit with the rest paid in the next 25 years under a rent-to-own plan.
- To date, 284,986 Kenyans have expressed interest in buying the State-funded houses by enrolling via the government’s bomayangu.go.ke portal.
Civil servants who vacated Old Parkroad Estate in Nairobi’s
Ngara area to pave the way for low-cost housing redevelopment have 22
days to buy a house at the 1,370-unit facility.
The
first 228 units were handed over to the government a month ago with the
contractor, China State Construction Engineering, promising to deliver
the rest of the units by end of 2020 as agreed.
In a
statement, the Housing and Urban Development PS Charles Hinga said the
civil servants will be given the first priority to choose from the
one-bedroomed units going for Sh1 million, Sh2 million for two bedroomed
units and Sh3 million for three-bedroom houses.
Those
who will be unable to settle the purchase price upfront will pay a 10
percent deposit with the rest paid in the next 25 years under a
rent-to-own plan.
To date, 284,986 Kenyans have
expressed interest in buying the State-funded houses by enrolling via
the government’s bomayangu.go.ke portal.
The applicants have also been paying deposits for their dream houses with a minimum of Sh200 a month.
Mr
Hinga said the civil servants must deliver proof of occupation to the
Civil Servants Housing Secretariat at Ardhi House before February 26.
The
PS has invited traders to lease commercial spaces reserved for grocery
shops, salons, barber shops as well as laundry-cum-dry cleaner and a
restaurant.
The official, however, warned that they
will not be allowed to use the shops to sell wines and spirits, pubs,
illegal drugs, discos/cinemas and public meeting businesses on the
7.9-acre property.
The project’s second phase of 260
units is scheduled for handover in June with the remaining 882 units set
for completion by end of 2020.
Once the civil servants
who occupied some 48 dilapidated standalone units have been catered
for, the rest of the units will be sold under a first-come-first-served
basis through a lottery that will be established.
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