Please note <div><br></div><div>Nairobi population approx 4million </div><div><br></div><div>if you even take 5% of that to be well off thats 200,000....so a market does exist for high end properties. What im not sure about is if that market is not already adequately served. if you do 5% of 40 million, then you start to see where demand is coming from even in an undistorted market <br>
<br><div class="gmail_quote">On Tue, Nov 30, 2010 at 12:23 PM, aki <span dir="ltr">&lt;<a href="mailto:aki275@gmail.com">aki275@gmail.com</a>&gt;</span> wrote:<br><blockquote class="gmail_quote" style="margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex;">
<div>And we will keep in mind these factors such as basic amenities :</div>
<div> </div>
<div>In Kenya :</div>
<div> </div>
<div>- Runda/Karen/Kitusuru has better roads because of creation of estate communities. In places the roads are bad enough that you need a 4X4. The local council/govt does nothing about the infrastructure. </div>
<div> </div>
<div>- Water. Nearly all have boreholes. Cost of borehole I&#39;m told is around a million Ksh.</div>
<div> </div>
<div>- Electricity. Nearly all have generators, thus add fuel costs. Nothing to add here.</div>
<div> </div>
<div>- Security. ALL have the high fences, barbed wire, alarm and security backup</div>
<div> </div>
<div>Finally, I present to you the image of Nairobi via Satellite from which you can re-view the unfortunate reality of Nairobi. The poverty.  The city is virtually enclosed by these below : <a href="http://maps.google.com/?ie=UTF8&amp;ll=-1.292501,36.832352&amp;spn=0.153769,0.2211&amp;z=12" target="_blank">http://maps.google.com/?ie=UTF8&amp;ll=-1.292501,36.832352&amp;spn=0.153769,0.2211&amp;z=12</a></div>


<div> </div>
<div> </div>
<div>- Kibera</div>
<div>- Mukuru</div>
<div>- Muthurwa and Mathare</div>
<div>- Kangemi</div>
<div>- Not to forget very close to state house, there are such places too.</div>
<div>  </div>
<div>Are we still going to deny that the property boom situation is not real? While we have large amounts of poverty, the reverse is going on in the property  industry. </div>
<div> </div>
<div>Some amatuer thots from me. :-)</div><div><div></div><div class="h5">
<div> </div>
<div> </div>
<div class="gmail_quote">On Tue, Nov 30, 2010 at 11:54 AM, aki <span dir="ltr">&lt;<a href="mailto:aki275@gmail.com" target="_blank">aki275@gmail.com</a>&gt;</span> wrote:<br>
<blockquote style="border-left:#ccc 1px solid;margin:0px 0px 0px 0.8ex;padding-left:1ex" class="gmail_quote">
<div>@Peter, it is absolutely essential to whine on the property subject..... :-)</div>
<div> </div>
<div>So Runda/Kitusuru = Over a Million bucks in property prices!  </div>
<div> </div>
<div>In Seychelles, which I belive would be an ideal destination for those coming from colder climates, a Million USD will buy you this :</div>
<div> </div>
<div><a href="http://www.primelocation.com/international-property/details/id/SYCH999000103/" target="_blank">http://www.primelocation.com/international-property/details/id/SYCH999000103/</a></div>
<div> </div>
<div>Let me get some time and I&#39;m going to compile the 1 Million Dollar porpoerties around the world. </div>
<div> </div>
<div>Rgds.</div>
<div> </div>
<div> </div>
<div> </div></blockquote></div><br>
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