Players in the real estate sector in
Quick turnaround
Kimani said technologies such as aluminium formwork, whose popularity is beginning to pick up in
"Using these kinds of building methods, construction companies can build an eight-storey building in 8 months, down from 24 months they would take when using the brick and mortar method," he said.
"With such a technology, homeowners would get their houses faster than they would have ordinarily," he added.
Kimani who also doubles up as the Chairman of the Legacy Ridges Ruiru project opines that the government has created an enabling environment for affordable housing to be realized by building roads, fast-tracking issuance of title deeds and giving rebates on value-added tax and relief on affordable housing for those developing.
South Korean firm
Locally, the Korean company is working with at least nine developers who projects are spread in Kiambu, Eldoret and
Outside the Kenyan borders,
Sam Muihia, the Business Development Director of Kumkang Kind East Africa urged players in the construction sector to be open to new ways of building such as aluminium formwork.
According to Muihia, most countries in the west had adopted the building technology to deliver affordable houses to their citizens.
"We cannot continue to use brick and mortal methods while technologies such as aluminium formwork have been available for more than 40 years," Muihia said.
Costly building methods
Commenting on the same, Bola Properties Managing Director
Quoting a finding conducted by
The finding listed the lack of end to end technical solutions and lack of cost-effective building as the most significant challenges.
To mitigate these challenges, Nthiwa called for upscaling of green solutions in
Market aggregation
At the same time, Nthiwa urged sector stakeholders to adopt market aggregation to spur the growth of affordable housing in
He said availing affordable houses would require having all stakeholders under one roof.
"In any project, you need financiers, you need technical experts, and you need legal help and suppliers. Unless the whole ecosystem of people in the construction sector come together and deliberate on how to move this sector forward, affordable housing will be but a dream," Nthiwa said.
The experts spoke at an event that brought together stakeholders in the construction ecosystem to deliberate on delivering affordable housing in
The plan is among President
Under the plan, the government is expected to construct 500,000 low-cost units by the end of 2022.
They were speaking during an affordable housing solution forum that brought together stakeholder in the housing sector at the
Affordable housing is part of the Big four pillars under the Jubilee administration aimed at giving Kenyans an opportunity to own houses and homes and addressing the housing challenge and living standards among the Kenyans.
The Covid 19 pandemic had also presented its own challenge economically with most Kenyans unable to continue investing in the housing plan. Since President
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