The Property & Home Living Expo 2009 was held at Sarit Center this weekend. It was rather subdued (fewer banks and exhibitors) compared to the last homes expo held in October 2008. The only banks in attendance were perennial mortgage lenders Housing Finance and (KCB) – Savings & Loan
Most of the exhibitors were property agents including:
– Knight Frank Vipingo Ridge golf villa for Kshs. 19 million, rents at Riverside Park and the (under-construction) Sameer business park
– Villa Care
– Regent (also the Hacienda eco-city Africa’s first eco-city, 2,3,4 flats & bungalows in Mwakirunge – north coast and (under construction) Green House a huge shop /office complex next to Adams Arcade)
– Others were Sedco and Vidmerck
Other exhibitors included a Dubai property company, the Kenya Power & Lighting Company (KPLC) who now have a stima loan for new customers to get loans through Equity Bank to pay for electricity installation/connection charges, Climacento green tech (info@climacento.co.ke) who advertise 50% savings on electricity bill through their solar water heater and Mekan Mattress experts (found at Nakumatt)
I once attended an expo at KICC and they were selling “Ambassadorial Villas”; “Luxury Concept Living” etc
Houses worth 8-40Million. I think about 3 years ago.
And they charged me 200 bob to get in. Regret to this day. That 200 bob could have fetched me a half chicken and chips!
It’s become a trend of sorts to report and write and blog about the downturn Dubai is witnessing, newspapers are filling up pages with bad news because I think people want to read the bad stuff more right now.