Affordable Housing units prices per unit size, where to find them

The government recently announced the launch and sale of Affordable Housing Units nationwide following the completion of 4,888 units.

In a notice, on November 21, the State Department for Housing and Urban Development said the units are in 17 counties with Kiambu County leading with the highest number of available housing units at 1,027.

Nakuru county is second with 440 housing units, Nyandarua with 326 housing units, Machakos 294, and Embu county with 248 housing units.

Uasin Gishu, Kakamega, Vihiga, Bomet, Nandi, Muranga, Isiolo and Wajir counties have 220 housing units available.

Kirinyaga and Homabay counties have 110 housing units ready for allocation, and Migori county has 60 available units.

Kenyans interested in the units will be allowed to become homeowners under three different housing categories: Social Housing Units, Affordable Housing Units, and Affordable Middle-Class Housing Units.

The categories are based on the financial classes of each individual and will see Kenyans purchase housing units at varying prices depending on the category they fall under.

Below are the prices of the units per category.

Only Sh. 16bn used on houses out of Sh. 54bn affordable housing taxes

Social Housing Units: Affordable Options for Low-Income Earners

Social Housing Units are designed for Kenyans earning less than Sh.20,000 per month. These affordable units are available with various financing options to ease the burden of homeownership.

• Studio Units (20 SQM) are priced at Sh640,000 with a monthly repayment option of Sh3,900.
• One-Bedroom Units (30 SQM) are priced at Sh960,000 with a repayment rate of Sh5,350 per month.
• Two-Bedroom Units (40 SQM) are priced at Sh1,280,000, with a monthly repayment rate of Sh6,800.

Affordable Housing Units: Options for Middle-Income Earners

The Affordable Housing Units are available in eight typologies, catering to individuals with a monthly income between Sh20,000 and Sh149,000. These units offer flexible payment options to make homeownership accessible to a wider range of people.

• Studio Units: 20 SQM for Sh1,000,000 with a repayment rate of Sh7,250 per month and 28 SQM for Sh1,400,000 with an alternative repayment of Sh10,119.
• One-Bedroom Units: 30 SQM for Sh1,500,000 with a repayment rate of Sh10,850 per month and 43 SQM for Sh2,150,000 with a repayment option of Sh15,539.
• Two-Bedroom Units: 40 SQM for Sh2,000,000 with a repayment rate of Sh14,450 and 64 SQM for Sh3,200,000 with a monthly repayment of Sh23,128.
• Three-Bedroom Units: 60 SQM for Sh3,000,000 with a repayment option of Sh21,680.
• Studio-Cum-Shop Units: 64 SQM for Sh3,200,000 with a repayment rate of Sh23,128.

Affordable Middle-Class Housing Units: Premium Options for Higher-Income Earners

Affordable Middle-Class Housing Units are available in seven typologies, targeting individuals with a monthly income above Sh149,000. These units offer larger spaces and premium options to meet the needs of middle-class Kenyans.

• Two-Bedroom Units: 40 SQM for Sh2,400,000 with a repayment of Sh21,160 per month, 66 SQM for Sh3,960,000 with a repayment rate of Sh34,915, and 70 SQM for Sh4,200,000 with a monthly repayment option of Sh37,030.
• Three-Bedroom Units: 60 SQM for Sh3,600,000 with a repayment rate of Sh31,750, 64 SQM for Sh3,840,000 with a repayment option of Sh33,856, 86 SQM for Sh5,160,000 with a repayment rate of Sh45,500, and 90 SQM for Sh5,400,000 with a monthly repayment of Sh47,610.