The off-plan model refers to buying a house that is not ready for occupancy. It could either be before groundbreaking or bought during construction of the unit. This model is a great way of addressing the homeownership gap in Kenya. It has helped many people become homeowners in a very short period of time. However, it has also led to a lot of pain. Especially where no due diligence is done by...
Let me guess. You have saved up some money after years of working to buy a plot but you are not sure whether to continue renting and owning a home. Believe me you are not alone. One question that hits you in your midlife is that of whether you should buy a house or continue renting out. I really can't blame anyone, data from the Kenya National Bureau of Statistics (KNBS) in 2024 shows that the...
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