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.