Kenya’s Finance Bill 2025 marks a pivot away from broad-based tax increases toward strengthening compliance, sealing loopholes, and optimizing existing revenue streams. Following the backlash from the 2024 protests, which led to the withdrawal of planned tax hikes worth KES 346 billion, Finance Minister John Mbadi announced that this year’s bill will introduce no new taxes, focusing instead on...
Introduction Kenya’s ambitious Affordable Housing Programme (AHP) aims to address the country's significant housing deficit by constructing one million housing units over five years. This initiative, a cornerstone of President William Ruto’s Bottom-Up Economic Transformation Agenda, seeks to provide decent, affordable housing to low- and middle-income Kenyans while simultaneously stimulating economic...
Introduction The United States government has expressed growing concern over the rampant issue of fake title deeds in Kenya. This alarming trend, which has plagued Kenya’s real estate sector for years, not only threatens investor confidence but also undermines land ownership security, economic development, and the rule of law. As a key development partner and investor in Kenya, the U.S. is calling for...
The Kenyan real estate sector has experienced remarkable growth over the past decade, driven by urbanization, population growth, and increased demand for residential, commercial, and mixed-use developments. However, despite its potential, many Kenyans face significant challenges in securing financing for real estate investments. These obstacles affect both individual homebuyers and real estate developers,...
Buying your first home is an exciting milestone, but it can also be overwhelming. With the right guidance, you can navigate the Kenyan real estate market confidently and make informed decisions. In this blog, we’ll share essential tips to help first-time homebuyers in Kenya successfully purchase their dream home. Set a Budget and Stick to It Before you start looking for homes, it's crucial to...
It can be exciting and intimidating to search through the thriving real estate market in Nairobi's vibrant urban city estates and find your dream house. With neighborhoods full of possibilities and an overwhelming number of listings competing for attention, it's critical to equip yourself with what we think is basic knowledge and approaches necessary to successfully navigate this dynamic...
Finding one's way into the sphere of real estate investment or renting is a crucial stage in life, and opting for a sound real estate agency will guarantee smooth sailing or a successful try. With so many agencies trying to compete for your attention, it becomes necessary to critically evaluate varying factors before making a decision. This guide seeks to demystify vital traits one ought to contract...
On June 21, 2022, Kenya’s President signed the Finance Act, 2022, into law, setting in motion several key amendments to Kenya’s tax framework. One of the most notable changes was the increase in the Capital Gains Tax (CGT) rate from 5% to 15%, effective as of January 2, 2023. This hike is expected to affect Kenyan real estate investments significantly, especially for property management companies,...
Knight Frank Kenya Ltd Founded in 1896 and headquartered in London, UK, Knight Frank is the world’s largest privately owned global property agency with an expanding network of over 384 offices in 51 territories. Established in March 1998, Knight Frank Kenya has over 20 years of experience and is renowned for marketing some of the best properties in Kenya. With a growing team of 160 experienced...
No matter what types of apartments you’re looking at – short-term rental or long-term lease – there are pros and cons for them all. And corporate housing isn’t exempt from those pros and cons. Pros of corporate apartments Flexible: Corporate housing is more flexible than traditional apartments, offering short-term leases ranging from day-to-day, weekly, to monthly. If you’re only going to be...
