Home Up Feedback Contents Search

Economical Costs 

A 115 M2 or 1250 ft2 3 bedroom Master ensuite Flat at a pre-construction price of 3.95 million Ksh or about $52,000.

Actual interior livable space is 115 Square meters.  Plinth area is over 140 Square Meters!
(The Model Flat should be ready for viewing by early July.  Pre-sales will start then.  The first 200 buyers will get a free refrigerator and cooker.
The first units should be ready for occupancy by fourth quarter 2010. The project will be build on 100 acres of excellent land between Mlolongo and Athi River.)

 

Home Page

The Design History

The New Design April 2010

Economical Price?

Clubhouse, Pool, Children

Kenya Housing News

Minister-"Housing Prices Doubled since 2004"

Tell us what you think!

How are we able to build Courtyard Flats so economically?

  • Our unique design.   We have eliminated non functional and space wasting hallways.  Every space is useable.  Our front balcony entrance reduces the number of stairways needed for each building. 

      

  • State of the art construction methods and equipment and  We have researched the world for the best and most economical housing construction methods and selected the American Wall Ties Concrete Shuttering System.  A developer in Mexico is building 20,000 houses per year using the Wall Ties special Aluminum Shuttering System.  The world's largest aluminum forms manufacturer and supplier, Wall-Ties & Forms, Inc., is the premier designer of aluminum concrete forming systems and concrete formwork accessories.  With this system Courtyard Flats will complete one 50 unit block of apartment per construction crew per month.  Check out the Wall Ties Construction Videos on YouTube

  • Self construction.  Our experienced team will also do our own apartment construction making a considerable savings and passing these savings along to the buyer.  Our MD built Ivy Gardens  Apartments (Blacksburg, Virginia, USA) in 84 days without the innovative Wall Ties system.   Traditionally house or flat construction in Nairobi takes 9 to 18 months.  Most Kenyans would not believe we could build this fast but recently KTN has a television show called Renovate My Family.  In this reality show a top construction teams builds a terrific new modern house in only one week.  You can see this show after show.  The builders on this show use the same planning and construction techniques that the Courtyard Flats team has used before around the world very successfully.  Watch us! 

  • Economies of scale and expert purchasing program.  Housing has crashed around the rest of the world allowing opportunities for bargains with out compromising quality.  Courtyard Flats purchasing department is taking full advantage of the current buyer's market. 

  • We are not Greedy.  We will not take advantage of the housing shortage to make huge profits but will share our cost savings with you, the buyer. 

  • The Kenya Government is giving a Value Added Tax (VAT) exemption to stimulate the development of lower cost housing.  The exemption applies to a house or home that the "...construction cost is not more than one million six hundred thousand shillings."  Our pre-construction flat price will be 1.6 million plus a charge of Kenya Shillings 2,350,000 for the share of the infrastructure and the land for a total sales price of Ksh 3.95 million.  This gives us a 16% savings.  The infrastructure includes a modern state of the art wastewater treatment plant, boreholes, water storage tanks, 25 meter swimming pool, children's wading pool, clubhouse, schools, extensive landscaping, playgrounds, parking lots including covered parking and roads.  Of course if the Government changes the rule or disallows the exemption the price will have to increase.

  


Send mail to Raymond@courtyardflats.com with questions or comments about this web site.
Copyright © 2009 Courtyard Flats Mlolongo Ltd.
Last modified: 05/04/10