Transcript Presentation to KENUKS Team on 8th Nov 2014

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.

Sustainable and decent housing for Kenyans
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Mission and Vision
Vision
Sustainable and decent housing for
Kenyans
Mission
To efficiently provide and facilitate
access to innovative housing
solutions
Sustainable and decent housing for Kenyans
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
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
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PRODUCTS AND SERVICES cont…
◦ Provisions of Project and Estate
management Services
◦ Supervision of Building
Construction
◦ Manufacture of EPS panels for
Building construction
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Why purchase houses from NHC
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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
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Why purchase houses from NHC
cont...
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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.
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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
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1. Madaraka Sectors B,C,D,E
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2. Nairobi West Apartments
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3. NHC Kakamega Court
Apartments
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4. NHC Kisii Phase I
12
5. NHC Langata Court Phase IV
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NHC’S On going House
Projects
Project Name
Units
Langata VI
80
Kisii Phase II
40
TOTAL
120
Provisional Price
2 BR- 6.0 m
2 BR- 4.0
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NHC’S UPCOMING PROJECTS
Project Name
Units
Provisional Price
Kisumu
Kanyakwar I
100
2 BR- 4.8 m
3 BR – 6.6m
Stoney Athi Phase 1
120
9.5 – 11m
Stoney Athi Phase II
200
12.5-13.5m
Kibera Mixed
Development
78 residential
8 Shops
2 restaurants
3.5- 5.5m
3.7- 7 m
12-13m
Kisumu
Kanyakwar II
600
1 BR- 3.4 M
2 BR- 4.8 m
3 BR – 6.6m
36 residential
Shops
Food court
Supermarket
Prices to be
determined
before project
commencement
Langata commercial
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NHC’S UPCOMING PROJECTS cont...
Project Name
Units
Provisional Price
Changamwe
2000
Prices to be
determined
Meru Mixed
Development
60 Residential
Commercial
space
Prices to be
determined
Nyeri Mixed
Development
40
Commercial
space
Prices to be
determined
Nakuru Mixed
Development
40
Commercial
space
Prices to be
determined
TOTAL
3276
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1. Langata MUD / The Mall Cum
Residential – Pictorial

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2. Langata VI Apartments- Typical
Elevation
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3. Kisumu Kanyakwar Apartments –
Google map
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Kisumu Kanyakwar Apartments – Phase I–Sample
Elevation
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Kisumu Kanyakwar II (600 units)
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4. NHC Stoney Athi Court –
Google Map
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NHC Stoney Athi Court –Unit Type A –
Facades
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NHC Partnership Project - Sunset
Boulevard Apartments
Location: Mombasa Road, Athi River
 Accommodation: 1br, 2br & 3br
 Prices:
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 rates
1br- Kshs. 18,000.00 per month
2br- Kshs. 25,000.00 per month
3br- Kshs. 32,000.00 per month

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Features

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Car free zones
Shopping centre
Playing Ground
Educational centre
24/7 security & Electric fence
Swimming pool
Natural lighting
Lush mature garden
Borehole & Water tower
Proximity to social & industrial amenities
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The Sunset Boulevard project
images
A decently housed nation
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Modes of sale
 The 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.
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
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
A decently housed nation
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
POSSIBLE AREAS OF
ENGAGEMENT cont…
◦ New Technology – Partnering with
NHC in introduction of
new/innovative building technology
(Research and Development)
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Q AND A?
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THANK YOU
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