Ngong Road Opposite Race Course

We are offering a great opportunity to own a spacious two bedroom apartment in Ngando area opposite race course. The apartment will be served with a tarmac road with the entrance next to Kenol on Ngong road. The apartment block will be opposite a new sparkling 500 unit estate that has just been completed. Each unit will have one parking. It will have the usual amenities of a secure fence, topped up with electric and razor wires. With the ongoing dualling of Ngong  road, and a distance of only six kilometers from city centre, the houses will be a few minutes from city centre.

We have a great introductory price of shillings seven million five hundrend thousand only which is much lower than similar houses in the area. The workings and mode of payment is set below.

 

   Area sqmn No
2 bedroom with master ensuite                       100.00 48
Cost per sqm                 40,000.00
Construction cost 2 bedroom            4,000,000.00
Total cost for all 2 bedrooms        192,000,000.00
Total construction cost        192,000,000.00
SUPERVISION FEES          72,000,000.00
Cost of land                               –
Total project cost        264,000,000.00
Total area 2 bedrooms                    4,800.00
Total apartment area                    4,800.00
Percentage of built up area for owner 26%
Area to be allocated land owner                    1,248.00
Area that will pay construction cost                    3,552.00
cost per SQ  meter                 74,324.32
Total cost of 2 bedroom            7,432,432.43 SAY 7.5M
PAYMENT SCHEDULE
To book a slot            1,000,000.00
within 2 months               500,000.00
on ground breaking            1,000,000.00
During construction period  30 months            5,000,000.00
TOTAL            7,500,000.00