national housing corporation presentation at the kenya uk sacco agm on 8 th november, 2014 by anne...

NATIONAL HOUSING CORPORATION

PRESENTATION

AT THE KENYA UK SACCO AGM

ON 8TH NOVEMBER, 2014

BY

ANNE SARUNI

NATIONAL HOUSING CORPORATION KENYA

Introduction

National Housing Corporation (NHC) is a statutory body established by an Act of Parliament Cap. 117 of the Laws of Kenya.

The primary mandate of NHC is to play a principal role in the implementation of the Government’s Housing Polices and Programmes.

2Sustainable and decent housing for Kenyans

Mission and Vision Mission and Vision

Vision Sustainable and decent housing

for Kenyans

MissionTo efficiently provide and facilitate

access to innovative housing solutions


PRODUCTS AND SERVICES◦Tenant Purchase Housing Scheme◦Rental houses◦Houses for direct sale (Mortgage)◦Rural and Peri-urban housing loans◦Site and service schemes◦Undertaking project management◦Provision of building plans to Customers

Sustainable and decent housing for Kenyans 4

PRODUCTS AND SERVICES cont…◦Provisions of Project and Estate management Services

◦Supervision of Building Construction

◦Manufacture of EPS panels for Building construction


Trust: The Corporation is wholly owned by the Government thus its sustainability is highly certain

Experience: NHC has a long history in housing development

Proven Record: NHC’s developments are evident

Why purchase houses from NHC


Why purchase houses from NHC cont....Direct Bank Transfer: Kenyans

abroad can purchase a house while it is under construction by making installment payment through our bank account.

Finance: Financiers are readily willing to provide long-term finance for our projects.


Recently completed and sold NHC Projects

Project Name Units

Madaraka, Nairobi 540

Nairobi West 182

Kakamega 80

Kisii I 40

Langata Phase IV 110

Langata Phase V 125


11. . Madaraka Sectors B,C,D,EMadaraka Sectors B,C,D,E


22. Nairobi West Apartments


3. 3. NHC Kakamega Court NHC Kakamega Court ApartmentsApartments


4. 4. NHC Kisii Phase NHC Kisii Phase II

12

5. NHC Langata Court Phase IV 5. NHC Langata Court Phase IV


NHC’S On going House NHC’S On going House Projects Projects

Project Name Units Provisional Price

Langata VI 80 2 BR- 6.0 m

Kisii Phase II 40 2 BR- 4.0

TOTAL 120


NHC’S UPCOMING PROJECTSNHC’S UPCOMING PROJECTS



Kisumu Kanyakwar I

100 2 BR- 4.8 m3 BR – 6.6m

Stoney Athi Phase 1 120 9.5 – 11m

Stoney Athi Phase II 200 12.5-13.5m

Kibera Mixed Development

78residential 79Shops

2 restaurants

3.5- 5.5m3.7- 7 m12-13m

Kisumu Kanyakwar II

600 1 BR- 3.4 M2 BR- 4.8 m3 BR – 6.6m

Langata commercial 36 residential

Shops Food court

Supermarket

Prices to be determined

before project commencemen

t

NHC’S UPCOMING PROJECTS cont...NHC’S UPCOMING PROJECTS cont...



Changamwe 2000 Prices to be determined

Meru MixedDevelopment

60 ResidentialCommercial

space


Nyeri MixedDevelopment

40Commercial

space


Nakuru MixedDevelopment

40Commercial

space


TOTAL 3276

1. Langata MUD / The Mall Cum 1. Langata MUD / The Mall Cum Residential – PictorialResidential – Pictorial


2. Langata VI Apartments- Typical 2. Langata VI Apartments- Typical ElevationElevation


3. Kisumu Kanyakwar Apartments – 3. Kisumu Kanyakwar Apartments – Google mapGoogle map


Kisumu Kanyakwar Apartments – Phase I–Kisumu Kanyakwar Apartments – Phase I–Sample ElevationSample Elevation


Kisumu Kanyakwar II (600 units)


4. NHC Stoney Athi Court – 4. NHC Stoney Athi Court – Google MapGoogle Map


NHC Stoney Athi Court –Unit Type A – Facades


NHC Partnership Project - NHC Partnership Project - Sunset Boulevard Apartments Sunset Boulevard Apartments Location: Mombasa Road, Athi RiverAccommodation: 1br, 2br & 3brPrices:1br- Kshs. 2.7M- 3.2M (Avg. 32,900 USD)2br- Kshs. 3.8M- 4.7M (Avg. 47,400 USD)3br- Kshs. 5.4M- 6.6M (Avg. 67,000 USD)Expected rental rates1br- Kshs. 18,000.00 per month2br- Kshs. 25,000.00 per month3br- Kshs. 32,000.00 per month


FeaturesFeaturesCar free zonesShopping centrePlaying GroundEducational centre24/7 security & Electric fenceSwimming poolNatural lightingLush mature gardenBorehole & Water towerProximity to social & industrial

amenitiesSustainable and decent housing for Kenyans 25

The Sunset Boulevard The Sunset Boulevard project imagesproject images

A decently housed nation 26

Modes of saleModes of saleThe houses shall be sold through: -

(a) Outright sale - This is where the purchaser pays 20% of the purchase price as a deposit and pay the rest within 90 days from the date the house is ready for sale.

(b) Tenant Purchase (TP) – is where the purchaser pays 10% deposit and then pays the balance of purchase price monthly at 13% for 18 years.


POSSIBLE AREAS OF ENGAGEMENT◦Consultancy Services – Designs and approvals, project management

◦Partnership under the Public Private Partnership Act – Kenya Diaspora partnering with NHC in realizing their investment dreams


POSSIBLE AREAS OF ENGAGEMENT cont…◦New Technology – Partnering with NHC in introduction of new/innovative building technology (Research and Development)


Q AND A? Q AND A?


THANK YOU THANK YOU


national housing corporation presentation at the kenya uk sacco agm on 8 th november, 2014 by anne...

Documents

decent housing

governments housing

innovative housing solutions

kenyans4 slide

kenyans5 slide

customers sustainable

kenyans mission

project commencement