×
App Icon
The Standard e-Paper
Kenya’s Boldest Voice
★★★★ - on Play Store
Download App

Buying off-plan? Do your homework on developers, experts warn

Homes under construction at Oak Park Estate, Kenyatta Road, Gatundu South, by Banda Homes. [File, Standard]

A growing number of Kenyan especially those in the diaspora are turning to off-plan property investments, but experts warn the model carries significant risks if due diligence is overlooked.

A recent case circulating on social media highlights the dangers. A group of Kenyan women based in the United States invested in off-plan retirement homes through a developer they trusted, relying on virtual site tours to track progress.

Premium Article

Get Full Access for Ksh299/Week.

Bold Reporting Takes Time, Courage and Investment. Stand With Us.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902