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ANNE SARUNI NATIONAL HOUSING CORPORATION KENYA
NATIONAL HOUSING CORPORATION PRESENTATION AT THE KENYA UK SACCO AGM ON 8TH NOVEMBER, BY ANNE SARUNI NATIONAL HOUSING CORPORATION KENYA
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Introduction National Housing Corporation (NHC) is a statutory body established by an Act of Parliament Cap. 117 of the Laws of Kenya. The primary mandate of NHC is to play a principal role in the implementation of the Government’s Housing Polices and Programmes. Sustainable and decent housing for Kenyans
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Mission and Vision Vision Sustainable and decent housing for Kenyans Mission To efficiently provide and facilitate access to innovative housing solutions Sustainable and decent housing for Kenyans
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Tenant Purchase Housing Scheme Rental houses
PRODUCTS AND SERVICES Tenant Purchase Housing Scheme Rental houses Houses for direct sale (Mortgage) Rural and Peri-urban housing loans Site and service schemes Undertaking project management Provision of building plans to Customers Sustainable and decent housing for Kenyans
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PRODUCTS AND SERVICES cont…
Provisions of Project and Estate management Services Supervision of Building Construction Manufacture of EPS panels for Building construction Sustainable and decent housing for Kenyans
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Why purchase houses from NHC
Trust: The Corporation is wholly owned by the Government thus its sustainability is highly certain Experience: NHC has a long history in housing development Proven Record: NHC’s developments are evident Sustainable and decent housing for Kenyans
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Why purchase houses from NHC cont...
Direct Bank Transfer: Kenyans abroad can purchase a house while it is under construction by making installment payment through our bank account. Finance: Financiers are readily willing to provide long-term finance for our projects. Sustainable and decent housing for Kenyans
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Recently completed and sold NHC Projects
Project Name Units Madaraka, Nairobi 540 Nairobi West 182 Kakamega 80 Kisii I 40 Langata Phase IV 110 Langata Phase V 125 Sustainable and decent housing for Kenyans
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1. Madaraka Sectors B,C,D,E Sustainable and decent housing for Kenyans
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2. Nairobi West Apartments
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3. NHC Kakamega Court Apartments
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4. NHC Kisii Phase I
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5. NHC Langata Court Phase IV
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NHC’S On going House Projects
Project Name Units Provisional Price Langata VI 80 2 BR m Kisii Phase II 40 2 BR- 4.0 TOTAL 120 Sustainable and decent housing for Kenyans
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NHC’S UPCOMING PROJECTS
Project Name Units Provisional Price Kisumu Kanyakwar I 100 2 BR- 4.8 m 3 BR – 6.6m Stoney Athi Phase 1 120 9.5 – 11m Stoney Athi Phase II 200 m Kibera Mixed Development residential Shops 2 restaurants m m 12-13m Kisumu Kanyakwar II 600 1 BR- 3.4 M Langata commercial 36 residential Food court Supermarket Prices to be determined before project commencement Sustainable and decent housing for Kenyans
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NHC’S UPCOMING PROJECTS cont...
Project Name Units Provisional Price Changamwe 2000 Prices to be determined Meru Mixed Development 60 Residential Commercial space Nyeri Mixed 40 Commercial space Nakuru Mixed TOTAL 3276 Sustainable and decent housing for Kenyans
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1. Langata MUD / The Mall Cum Residential – Pictorial
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2. Langata VI Apartments- Typical Elevation
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3. Kisumu Kanyakwar Apartments – Google map
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Kisumu Kanyakwar Apartments – Phase I–Sample Elevation
Sustainable and decent housing for Kenyans
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Kisumu Kanyakwar II (600 units)
Sustainable and decent housing for Kenyans
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4. NHC Stoney Athi Court – Google Map
Sustainable and decent housing for Kenyans
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NHC Stoney Athi Court –Unit Type A – Facades
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NHC Partnership Project - Sunset Boulevard Apartments
Location: Mombasa Road, Athi River Accommodation: 1br, 2br & 3br Prices: 1br- Kshs. 2.7M- 3.2M (Avg. 32,900 USD) 2br- Kshs. 3.8M- 4.7M (Avg. 47,400 USD) 3br- Kshs. 5.4M- 6.6M (Avg. 67,000 USD) Expected rental rates 1br- Kshs. 18, per month 2br- Kshs. 25, per month 3br- Kshs. 32, per month Sustainable and decent housing for Kenyans
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Features Car free zones Shopping centre Playing Ground
Educational centre 24/7 security & Electric fence Swimming pool Natural lighting Lush mature garden Borehole & Water tower Proximity to social & industrial amenities Sustainable and decent housing for Kenyans
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The Sunset Boulevard project images
A decently housed nation
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The houses shall be sold through: -
Modes of sale The houses shall be sold through: - (a) Outright sale - This is where the purchaser pays 20% of the purchase price as a deposit and pay the rest within 90 days from the date the house is ready for sale. (b) Tenant Purchase (TP) – is where the purchaser pays 10% deposit and then pays the balance of purchase price monthly at 13% for 18 years. Sustainable and decent housing for Kenyans
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POSSIBLE AREAS OF ENGAGEMENT
Consultancy Services – Designs and approvals, project management Partnership under the Public Private Partnership Act – Kenya Diaspora partnering with NHC in realizing their investment dreams A decently housed nation
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POSSIBLE AREAS OF ENGAGEMENT cont…
New Technology – Partnering with NHC in introduction of new/innovative building technology (Research and Development) A decently housed nation
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Q AND A? Sustainable and decent housing for Kenyans
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THANK YOU Sustainable and decent housing for Kenyans
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