Apartments in Westlands to face drop in rental and Sale prices by July 2017.

Last week, Data Fintech released the investment 101  report that guides real estate investors in Kenya on what property to place their bets on. The report showed that 4-bedroom apartments in Westlands raked in returns of up to 11.64% in 12 months. Not a bad choice. This week we predict the performance of 4-bedroom apartments in […]

Feb 01, 2018

 
 

Last week, Data Fintech released the investment 101  report that guides real estate investors in Kenya on what property to place their bets on. The report showed that 4-bedroom apartments in Westlands raked in returns of up to 11.64% in 12 months. Not a bad choice. This week we predict the performance of 4-bedroom apartments in Westlands in a bid to guide investors and buyers of property in the area even further.

The projected average sale price for 4-bedroom apartments in Westlands by July 2018 is expected to be at Kshs 30.35 Million Kshs. This means that the average sale price for 4-bedroom apartments in Westlands is expected to drop from 34.13 Million in the next 6 months by 5.58%. Similarly, average rent prices in July 2018 is expected to be Kshs 219, 220, dropping by 34% from Kshs 245,830 earlier this year.

The study has been realized by Data Fintech, based on data collected from various Kenyan real estate platforms.

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