Housing Finance launches Ksh.1.4 billion housing project in Kiambu

HF Group’s banking subsidiary HFC has partnered with Kigutha Farmers Limited to add value to the latter’s 58 acres parcel of land in Kamiti Corner, Kiambu County.

The property, branded as Barista Gardens, is valued at Ksh. 1.4 billion and delivered as master-planned, fully-serviced plots in 4 courts of ¼ acre and 1 court of 1/8 acre.

As a gated community, Barista Gardens presents four pre-designed house plans that will provide the buyers’ design options but maintain a uniform and premium ambiance and access to social and commercial amenities.

‘’Barista Gardens will release 180 new homes, in a scenic gated community with a country lifestyle, for occupation or investment. Whether you are resident in Kenya or abroad, you can save for, buy or invest with HFC and enjoy living in a controlled environment with easy access to social and commercial amenities,” said HF Group CEO Robert Kibaara.

HF Group CEO, Robert Kibaara reiterated that the partnership is in line with its strategic shift from the capital-intensive property development business into strategic partnerships for the development of affordable housing concepts and end-user financing; land owner wealth management solutions including project management and execution to unlock liquidity; property sales and marketing leveraging our brand and heritage; and property advisory services.

The Chairman of Kigutha Farmers Limited Ms. Nyokabi Kamau noted that the association had partnered with HF Group due to its strong heritage in the real estate value chain and its track record in similar projects.

“This partnership reinforces HF Group’s commitment to enriching lives by providing Kenyans with relevant homeownership opportunities and financing options” added Mr Kibaara.

The project will contribute towards bridging the gap in the housing market, with the housing stock deficit currently standing at over 2 million units. Every Kenya deserves dignified and accessible living and our role is to enrich lives by making home ownership aspirations a reality.

Lawrence Baraza

Lawrence Baraza is a prolific writer with competencies in Digital Media, Print, and Broadcast. Baraza is also a Communication Practitioner currently spearheading Digital content on Metropol TV's Digital Desk.

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