Now is the ideal moment to take action if you’ve been considering investing in real estate or building your ideal house. Over the coming years, inflation, rising fuel prices, a depreciating Kenyan shilling, higher taxes, and an increase in the demand for labor and supplies are all predicted to contribute to a significant increase in construction costs in Kenya. The cost of necessities like steel, sand, ballast, cement, and roofing sheets is already gradually increasing. If you put off your project, you can have to spend a lot more for the same amount of work in the near future. The price of building a home in Kenya is still affordable right now, especially since developers provide flexible payment plans that let you spread out payments over several months or even years.

Furthermore, local supply chains are under additional strain due to the government’s ongoing infrastructure projects and the growing cost of imported commodities, which has a direct impact on construction industry pricing. Starting now could ultimately save you millions, whether your goal is to create a family home in Kitengela, Juja, or Ruiru, or a residential construction project in Nairobi, or rental flats in Kisumu or Eldoret. Kenya is experiencing a sharp increase in the demand for cheap housing, which increases the value of early investments as property values rise. As more Kenyans seek to become homeowners, developers are finding it difficult to meet demand, which will raise the cost of land and construction supplies even more.

Additionally, commencing early helps you avoid future legal or compliance obstacles that could increase the cost of your project due to new rules and tougher building codes anticipated in the upcoming years. Now is the ideal moment to benefit from Kenya’s off-plan housing projects, affordable construction financing choices, and feasible phased building plans. Don’t wait until the market becomes unaffordable; take advantage of Kenya’s recent spike in building material costs, lock in current rates, and safeguard your future with a well-timed, wise investment. To learn more about our adaptable and reasonably priced building solutions, visit www.mjengoflexi.com today.