Kwangware

  • Status: Construction
  • Country: Kenya
  • City: Nairobi
  • Partner: KKL
  • Year Approved: 2021
Total Invested
KES 5,733,809
Average Completion Cost
KES 640,000
Total Invested
$51,984
Delivery of Homes
Total Financed
Completed
Rental
12
12
Project Overview

As Reall’s first rental project in Kenya, this project provides housing units for affordable landlords in an area of Nairobi called Kwangware, where are number of factories are located. The majority of workers living in the area currently reside in sub-standard rental housing, and this project will meet a demand for affordable, good quality rental homes, while demonstrating the viability of landlords providing high quality rental units in Nairobi without the need for large capital investment. The project will build 16, 18 squared metre bedsits, each equipped with a bathroom and electricity.

KKL’s modular system and technology allows for rapid construction whilst also providing a secure home that is resistant to fire, vandalism, burglary and weather events. The thin panel system uses less carbon than conventional building techniques, whilst allowing for a denser build in very tight locations by minimising wall widths.

12
Homes Completed
12
Connected to Water and Sanitation
Housing Information
Description Type Number Expected Number Completed Unit Size (m2) Completion Cost
(Local Currency)
18m2 bedsit with bathroom and sink Rental 16 12 18 640000
Finance Description Finance Source
18m2 bedsit with bathroom and sink Rental

Project Finances

Displayed In

Investments — Reall to Affordable Housing Partners

Total Project Investments
KES 5,733,809
$ 51,984
Grants
KES 5,733,809
$ 51,984

Based on exchange rate on 31/10/2021

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Data last updated on 30/06/2022