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Things you need to know about company

The Affordable Housing Program (AHP) is an initiative by the Government as one of the pillars under the ‘Big 4 Agenda’. This pillar targets delivery of decent and affordable housing to low and middle-income households.

Ruaka Heights Affordable Housing Project- 198 residential units and 9 commercial shops

  • Flexible payment plans
  • Rent to Own through a Tenant Purchase Scheme
  • Cash option
  • Mortgage (through banks)
  • TPS (Tenant Purchase Scheme)

Ruaka Housing Project (Cash Price)    

Studio starting from 2.95M                   

1 Bedroom starting from Ksh. 3.95M                            

2 Bedroom starting from Ksh. 5.95M                             

3 Bedroom starting from Ksh. 7.95M & 8.95M

Shops starting from Ksh. 300,000/sq.m

Ruaka Housing Project – Ruaka Heights Limited Liability Partnership

Occupation certificates given after construction completion and after the contractor has approved the building standards. Sectional titles will be handed over after full payment by the buyer has been done to prove ownership of the unit.

FAQs - Real Estate Investment in Kenya (1)
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Tenant Purchase Scheme

All you Need to Know about TPS

Stima Heights Apartments Project - Affordable Housing

A tenant purchase scheme is a house-ownership plan which allows a tenant to purchase the flats/residence they have rented. Under the arrangement, the rent you pay goes towards redeeming the purchase price and the house title is transferred to you as soon as you pay off the whole amount (Rent to Own). It is an end-user financing scheme that requires eligible persons to pay a percentage deposit (25%) as a commitment fee.

Yes. However, a regular/verifiable source of income is necessary to show capability to pull funds.

Only one adjustment. Payment is clustered in two phases. An Initial Phase and a Final Phase.

For the TPS, the rent payments are constant over the repayment period.

The flexible and reasonable payment terms are made with your home security in mind. However, each case will be examined on an individual basis.

Liaison Capital Limited will be the end-user financer.

  • Copy of certified latest pay slip (if employed)
  • Copy of certified bank statement for the last 6 months
  • Copy of National Identification Document (I.D) or Passport
  • Copy of Kenya Revenue Authority Personal Identification Number (KRA PIN)
  • Current physical address (provide proof of current residence – utility bill, plot number)
  • Current two passport size photos

Both. If you have verifiable sources of income.

  • Copy of certified latest pay slips (if employed)
  • Copy of your National Identity Card
  • Certified copy of your bank and MPESA statements (for the last six months. For business owners and employers)
  • KRA Pin

An insurance life cover is taken up on the property. A next of kin can also be eligible to take up the home.

There is a three months’ grace period and after this, if the payment is not settled by this time, it is taken up by the guarantor, next of kin or it is repossessed.