Kenya's luxury housing boom

CNN's David McKenzie looks at how Kenya's prime residential property values could be among the best in the world.
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[@AfricanRenaissancetv.]

What do you people ever want? if they publish negative stories you complain when they publish positive stories you are still complaining? At least this time they are actually saying there are luxury homes in Kenya and the the real estate busness here is doing well.

[@JK..07]

And all of them are owned by africans.

[@Bjcrypto545]

Mejja Jk most owned by Africans

[@TheEviIOyo]

Look, blacks and Irish complain about shit non stop, so what.

[@hshshshshhshshhe678]

alfred mwaura @ -

[@gengarsmaster3529]

@Boss of the Bosses If only Africans could do the same thing and stop invading Europe. XD

[@rciru]

My beautiful country.

[@reubentv2948]

Kenya is developing

[@UncleD255]

physically but not mentally.

[@joeycash9739]

Dennis Otieno You don't know a thing about IQ lol

[@Metalbass1979]

Yes, in the past 14 years that I've been going there, it has been developing amazingly. I'm moving there soon and can't wait.

[@user-vu8zy1pu3v]

@@Metalbass1979 which part or County are you moving to

[@Metalbass1979]

@@user-vu8zy1pu3v A beautiful bush area near Amboseli. I cannot wait. I love the Kenyan life style, people and especially the nyama choma! My only complaint there is that cars cost way too much. More than 3 times what they cost in the USA.

[@wambugumkenya5929]

Most of the people investing in these properties are often Kenyans and you would be surprised they are not famous people. I have some friends young people including women in high top jobs abroad..no one really knows at home who have very nice homes and sometimes more than one bought through law firms and banks. I rode with an old friend i not seen in years through Atl and visited some hillside vacations homes where we looked at his books in millions of dollars. Investments in the stock market.

[@timotheusn.h.nakashona1001]

Looks nice.....Greetings from Namibia.

[@magellanmax]

Nairobi currently hosts the biggest UN diplomatic community in Africa & third largest in the world after New York & Geneva. It hosts the biggest congregation of foreign embassies in Africa. Those people want top housing units. Kenyans by default benefit from the housing boom through employment.

[@chrisoghenetegamaloney5799]

magellanmax where are Kenyans investors in all these... hmmmm

[@MordecaiKipkorir]

That is what CNN makes us believe. But that is not the case. Knight Frank is one of the property consultants in Kenya. Its foreign owned. CNN chose to feature them. We have so many other property agents that are local that CNN didn't chose to feature.

[@711DAS]

Investment is the key.....not aid.

[@jyde50]

thumbs up Kenya, hope other African countries follow your footsteps.

[@karuitha]

I look forward to an invite when you finally do move into one of those houses, lol. but it is good to see some positive news from Kenya.

[@Majosh11]

I agree totally!

[@1jahjahson]

Go kenya!!!!!! I love my country n Am Proud to be a kenyan. Working hard to win one. JAH BLESS!!!

[@jzk2020]

WOOOOW....... I can't believe my ears! Nairobi is rated the best performing prime residential market globally! :) Nice

[@stanilasc8]

i know

[@fckingkim]

At least they showed a good side of Kenya for a change.

[@duncanmuniu5249]

This is just a tip...there are even many better ones...Kenya is indeed very beautiful...and for your info, Kenya is a peaceful haven...and it depends on what you want to believe...the media or from the people on the ground...been here all my life and I can attest to that!

[@winniewambui2842]

that why i go to school, so one day i can own a house like that. Their look good.

[@Thefrmgallery]

winnie wambui Own a Business. Preferably multiple enterprises.

[@Opochtli]

Wow! Incredible, who would have known?

[@suarezestates5743]

cool interior. Very homey

[@TotallyAwwwesome]

Looks beautiful

[@SomeOne-sy6bt]

All right Africa....do that. Bring the masses.....!!!

[@ast0nv8]

very very nice

[@dyna013]

"Its about growth, its not about value...." very true, because one cannot justify why those houses are priced the way they are. You are simply paying an arm and a leg for land that is ridiculously over priced. Those houses may be nice but in no way are they worth a million bucks!

[@user-ny3mj2ro7k]

Kenya gang

[@tishidiv950]

Ah yes, the Africa that needs to be shown more often

[@purity3776]

I hope humanity do not forget life is not all about property, life is more than that.I hope to meet someone that understands life beyond their nose

[@janesialo7192]

i will work hard to own at least one

[@j.wkamae6936]

I love my country to death!!

[@JediAnne]

My point was, if I have worked hard and can afford to live in luxury, why not? Some years back, there was the slum upgrading project which was to be started in Mathare slum (it's the worst in Kenya) and the people living there refused. Why? Because the rent would have gone up and to me, such challenges are the ones that make you want to uplift your life instead of being satisfied with the way you are living. I may have generalized and it sounded like all but believe me, it's most of them.

[@stanilasc8]

tell them

[@zunzun7332]

you're welcome :)

[@sijuinisemeje]

Wow very nice!I hope the guys in kibera and mathare will not storm to this place at a future date!

[@georgecarlos8940]

Why do you see people from such backgrounds like that... Be a human with a mind of equality. Don't be an animal

[@nasihakb1038]

My country is so pretty❤️😘😘

[@FUNNYVIDEOS-up5vt]

My country isn't pretty It oppresses the unlucky poor

[@Majosh11]

I like your reasoning AL. Unfortunately money has created a "man-eat-man" society and it's worse in countries like Kenya where the gap between the rich and the poor is way too wide and too obvious.

[@jackieklopp7523]

With everyone talking about gross inequality including here in New York, it is too bad investors are not looking at where housing is actually needed-lower and middle income housing... not as profitable of course. I wonder what it is like to be in a mansion with massive poverty and human rights violations all around you.

[@irenedavo3768]

Jackie Klopp please watch videos of Jim Nduruchi

[@j.wkamae6936]

my heart lies I n africa!

[@GDP254]

I truly regret not investing in real estate :(

[@LucasFernandez-fk8se]

GDP254 don't Kenya will probably go through the same kind of housing boom like in the U.S. Filled with bubble mortgages that will pop. I mean they look exactly like mc mansions I think you guys are just going through this a little bit later than in America.

[@dhifre]

With REITs and RELPs???

[@siasabora]

this is good investment

[@123japanuser]

where is the private Lion Park ehhh ???

[@anaherahfikiri4194]

HAHAH!!!! You kiled me with that one!

[@ast0nv8]

where are they???

[@TheSincera7]

Thats wassup Nairobi. thats wassup.now dont rest on your laurels, There's much catching up to do.

[@LeeWardenEsq]

they're*

[@flickerstorm]

Kenya is quite peaceful. I guess it's still not up to Norwegian or Japanese standards, but it's OK. The other guy needs to chill though, I agree.

[@siasabora]

oh man....for the same cost of one unit here I could build 25 units....and lease you one for your annual vacations Lol... $1M? that is crazy!

[@warpnin3]

Did anyone notice the guy peeing against a wall at 0.55 at the top right corner?

[@Maradufu1]

am riding on my dream of wining one,

[@alexludwick95]

they give up on life and settle for whatever has the lowest price tag on it! in other words its what i would like to call poverty and is the only reason they seem to be okay with living in mud and iron sheet homes because of MONEY MONEY MONEY! something i feel we could do without just fine!

[@TheNaijaboy007]

OBAMA NEEDS TO COME AND BUY ONE HERE!

[@thedee254]

Hahah someone did not get his social security cheque!

[@zeusincoming282]

There goes another paradise. Trading Nature for materialism.

[@soundbeans]

at peace for 40 years???? what does PEV stand for? by the way, if you have ever left kenya to live in the west, you would know the meaning of safety. houses in the UK don't need electric fences.

[@joseh129]

Hahahhahahahahha, its true, the guy was peeing @0.55

[@ohlawd3699]

When everything is going good in a country, all the rich people start to move in and feed off of the country's life force like a parasite.

[@23Doves]

THINGS CHANGES ..I DONT SEE ANY DITCHES, ='S ...MIDSLIDES AND FLOODING ..DON'T SEE WHERE EXCESS WATER GO WHEN THE RAIN COME.

[@alexludwick95]

I understand fully and i happen to live in kenya myself and have been to 3 of the major slums including those we have spoken of (Mathare+Kibera) and Kawangware... i know people who live in the slums and from my feedback i would have to say that it is satisfactory only to them due to the low prices incurred. otherwise they would rather have better living conditions any day! but thanks to this westernized theory of monetary dominance there is nothing they can do but suffer unto the point where

[@skay6454]

Alexander Ludwick kindly research on the GDP of Kibera. You'll understand why that 'slum' is going nowhere anytime soon. In Africa, things are not always as they appear. Foreigners land here, and think they have it figured. They don't. And don't talk tribalism. You have no grasp of it. It's not as simple as it appears.

[@Rallymania1]

Wow look at all this jelousy causing hate comments, what's your problem if people have money to spend

[@alexludwick95]

You do have a point there but i think you are wrong to say the worst people to help are those in the slums!? and it so happens that some (not most) are happy but does that apply for all of them?? neither have you spoken to the vast majority of Kibera... and I'm sure anyone, so long as you are human would like to improve their standards of living even if its as minimal as fixing a door that creeks or a light bulb that fits or electricity for that matter!!... i mean... wouldn't you??

[@faboge]

Cmon guys there's rich and poor in every country, don't trash us like that! Do I sense envy?

[@user-tl5xm3qj6x]

I have a coffor panels building system / does anyone need the panels in kenya

[@a.muchemi4360]

Yes i want do this business

[@user-tl5xm3qj6x]

@@a.muchemi4360 OK , pls.send Email i will quote the panels to you

[@user-tl5xm3qj6x]

@@a.muchemi4360 have you recieved my Email , need you coffor panels ??

[@magellanmax]

That's a gross misconception, unless of course you're referring to workers in the Middle East. There are a lot of Kenyan professionals in the western countries. The diaspora sent $1.2 Billion to Kenya last year alone. People are able to buy nice houses in Kenya through bank loans. You have no idea how resourceful Kenyans in the diaspora are. So no, not only criminals & crooked politicians can afford nice homes.

[@4792672401stl14]

can you show something about Africa and Nigeria too

[@dhanhyaa]

+Antofbrick Kenya is a part of Africa. Africa is a continent.

[@EugeneAndabwa]

the ignorant, here they come!!!

[@roslynros4420]

what kind of idiot is this who doesn't know that Africa is a continent and that Kenya and Nigeria are in Africa??

[@paulinepk7054]

Idiot

[@thelebbies]

The trolling is real...don’t fall for it

[@lenikaps]

Eh...did you not watch the video? The value is over US$1million.

[@thedee254]

What! The entire country was awaiting your arrival with bated breath! Please dont do this to us!

[@faboge]

its green with ENVY! Give Africa credit for once!

[@robertpeterson6702]

Having a few nice houses does not mean the Nation as a whole is doing well, just only the few who can afford it.

[@Bahia82]

LMAO, thats anywhere

[@muhokhokimderly]

Robert Peterson ever been there?

[@mkenyamzalendo4130]

That's ignorant poverty was there even during the time of Jesus in the bible

[@natashakamau5092]

stupidity u don't hv even an idea of Kenya just 😷

[@roslynros4420]

kenya as a nation is doing well unlike you. Only God knows which hole you come from .At least as a country we have many things to be proud of

[@taxxpressusa]

multiply by 84-90! dah!

[@torogiak8761]

I always read kenyans against whites.. but they are they have made alot of efforts and dedication to promote this country. Its business why they are there but the business ideas and promotion of the country,this whites and foreigners have helped alot. Keeping in mind that rich Kenyans kept their money to themselves alone

[@stars.4960]

Not even sure if I’m really American I don’t know my heritage but if i for sure knew I’m not American. I would dislike them as well

[@Flowdaboyz]

blacks build white move in XD

[@zai1194]

Who lied to you?

[@Okwash1]

Lamarre Kenyans are not as poor as your people.

[@anwarnayani5849]

How about crime Crime with crime you call Safe Heaven

[@slytheron]

Constant violence?

[@wilsonmuriuki6267]

Why blame the white man... I havent seen any barrel on anyone's head, I am sorry to say but if I were white with same capability would do the same thing, willing seller willing buyer. Blame yourself.

[@ina43431]

THATS WHERE I LIVE BITCHEZ

[@GamerZz-yk3mf]

😂😂

[@zunzun7332]

If you are aksing: no, these houses are for rich blacks, not for "rich whites". This period remember me of the '60 in Europe.

[@joeblinded1552]

So what you're saying is they are sitting empty.

[@alexludwick95]

Shocking eyy!! and that is one small estate u should see the rest that have already been built, are being built and are on there way to being built, yet there are still people literally on the borders of each and every one of these estates living in slums off way less than a dollar a day with hardly even a substantial roof over there heads. The social divide is unbelievable thank God kenyans nor anyone for that matter is racist otherwise we would have an apartheid_ verging on civil war!

[@maarynazek1297]

what is long with you people don't you now, that we're one people but different color?

[@alexludwick95]

Though unfortunately Kenya has an issue with tribalism!! which is so silly an issue that it completely baffles me?....

[@mercietakinova254]

Some of the comments here are appalling, when Kenya finally gets the credit it deserves we still look for quite frankly stupid flaws. It is such shallowness about "white supremacy" that slows down Kenya's progress. Knight Frank is not the only real estate company in Kenya and it so happens that one there main shareholders is a Kenyan company. So please stop making excuses for yourself.. Africa doesn't need to wake up it already has, In fact YOU need too wake up and stop being so ignorant

[@yasuke230]

8 years later people still asleep

[@joeytube1000]

The problem is that the people interviewed were only white property owners, but there are thousands of rich Kenyans living in similar houses. So those people talking about whites vs blacks shd blame the interviewer.

[@irenedavo3768]

Joey Reri watch videos of Jim Nduruchi

[@tommillia7816]

Am sure they are old dated by now

[@JediAnne]

Hahaha! Have you ever been to Kibera, talked to someone who has lived there for decades? The worst people to help are those in slums. They will never move from there. Life is very cheap and believe it or not, most are very happy. Improve living conditions for them? So I guess you are working hard to improve other people's lives, good for you. Don't think everyone is on a philanthropy mission like you.

[@africanrafiki]

NAJIVUNIA KUWA MKENYA!!!

[@alicekaginu7280]

#TEAM254 😎

[@219790]

Who buy theses houses ......??

[@Patrickmwai87]

nairobi black millionares

[@TheDochi80]

Stop Using the bible to condemn development. Where did you learn that from? I am sure it is not from Church

[@mentuhotepii2641]

mlika wao kabisa!!

[@aimiedan1]

who the hell are u...why are u so random

[@Manofthehour2050]

Most people are on £1 a day. Who's buying these

[@karuitha]

work hard and own one, stop whinning

[@melvinpervis6678]

Who is living in these homes

[@skay6454]

Toby Johnson people maybe?

[@melvinpervis6678]

Mustbe Venus I ment the poor people or white people from foreign countries since u wanna be a smart ass

[@skay6454]

Toby Johnson your reply, makes no sense. Poor people? White people? Next time write what you mean. Don't ask a question. A question (unless rhetorical) demands an answer. We are not mind readers. Just smart asses;))

[@melvinpervis6678]

Mustbe Venus y don't next time u keep it moving as I was not talking to u u ever heard of if u don't like something u don't partake

[@skay6454]

Then don't post on social media sweets. It's public domain. And, am looking forward to your next comments about any other video in future. You're starting to grow on me;)

[@LucasFernandez-fk8se]

these houses so ugly on the outside and so nice on the inside

[@chemybamford9919]

They use brick and actual stone not wood thats cheap and burns easy like in the US

[@georgim433]

Actually, Fernandez has a point. Kenyan houses are very ugly on the outside. I think so, so as to save on sand, cement & paint, we Kenyans do not plaster the walls of our houses on the outside hence the stones are left sticking out which looks dull & ugly. When the outside walls of brick & stone houses are plastered & painted, the whole neighborhood looks beautiful but if they're left like that, it looks like a concrete jungle

[@irenedavo3768]

Lucas Fernandez watch videos of Jim Nduruchi

[@Gikash]

I Regret searching Jim Nduruchi's Videos......Yuuuuuck.

[@nyabinghi870]

Shut up

[@wakeandbakeradio4835]

you mad? you know its true thats why your so upset

[@ceciliabarron8490]

What are they even doing in Kenya???? Ya, and they all flock to Kenya. Make Kenyans uchumi better again??? Lie to Me once, shame on me, lie to me two times , shame on you. Well, and the rest is history. laterally

[@sabrinablunt357]

the rich get richer, the development should be made on the slum villages in Africa, and not on more luxury houes for the ,

[@njerilenintravelvlogs9377]

African.. 🙄

[@taksi2502]

I was expecting a kenyan....or atleast black person in the business gets interviewed....cmon fake news... Sorry.i mean cnn

[@TheDochi80]

Where is evil coming in here? The world is a global society. Are you still sleeping? Heloo

[@muotinzmultiply88]

Why are the two white guys in uniform???