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Kenya has 42 ultra-wealthy elite – Report

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For about every 1.13 million people in Kenya, there is one super-rich fellow whose net worth is in the excess of Sh3 billion ($30m).

This means that there are only 42 ultra-high net worth individuals (UHNWIs) in Kenya, dropping from 48 in 2018.Conversely, those who are worth over Sh1 billion (HNWIs) have also dropped from 3,399 to 2,900.

This is according to a report by the property consultants Knight Frank with three wealth bands: HNWIs, UHNWIs and Billionaires.

It ranked Kenya fourth in its Wealth Report list of African States’ ultra-rich.Globally, Kenya is placed at position 113 in a list topped by the United States, China, Germany, France, Japan and the United Kingdom – in descending order.

South Africa houses Africa’s most moneyed at 1,033 super-rich individuals. It is followed by Nigeria with 724 and Morocco with 215.

While the number of ultra-rich dropped in Kenya, more than 31,000 people joined the exclusive ranks across the globe to 513,244.

This growth represented a 6.4 per cent.Knight Frank says the growth in 2019, which is described as a tumultuous year, was unsurprising, given the strong growth seen in many asset classes.

“Equity markets, including stock exchanges in the US, Germany and Australia, have seen double-digit growth, although the UK and Japan saw more modest returns,” the report read.

Among other factors, the real estate consultancy adds that heightened global geopolitical uncertainty also contributed to a rise in the value of “safe haven” assets, increasing the fortunes of the already super-rich.

“Gold hit a six-year high in September and, by the end of 2019, prices were some 16 per cent higher than they had been 12 months previously”.

The UHNWI population is expected to swell by a further 27 per cent to 650,000 by 2024, the report estimates.“Of the top 20 fastest growing countries that we measure, six are located in Asia (led by India with 73 per cent growth), five are in Europe (led by Sweden with 47 per cent growth) and three are in Africa (led by Egypt with 66 per cent growth),” Knight Frank said.

Kenya’s UHNWIs are expected to grow by 14 per cent in the five years to return to 2018’s 48 super-rich.Knight Frank based its predictions on a basket of drivers such as GDP growth, property price growth, interest rates and inflation.

By Standard


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GoGreenNaOptiven KAMATA 20K PAP!

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The year 2020 has stretched us in many ways! It has thrown to us numerous twists and turns, while offering us a number of highs and many lows.

But as the year ends, we would love to give you, your family and your loved ones a big smile, especially on these last days of the year with our special December offer, #GoGreenNaOptiven

With a deposit of 500k plus, you can take advantage of this incredible offer this holiday season!

With ready titles, value additions, and ready to build Environment, you can actualize your dream of property ownership.

Call us TODAY on 0723 400 500 or visit our website on www.optiven.co.ke

As Optiven, We wish you and your family a merry Christmas and prosperous New Year ahead🎄


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SUKARI HEIGHTS Affordable Luxury 2 br, 3 Br plus Dsq & studio apartments

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Sukari Heights is magnificently designed luxurious and executive residence offering world class lifestyle.
Starting from Ksh 2.7M. Sukari Heights is located in the most exclusive Kahawa Sukari neighborhood just 15 minutes drive from Nairobi CBD.

The location of these homes avails a short commute to work using an easy transport network, a large choice of dining and entertainment options within easy reach, a low maintenance apartment that offers safety and security, and opportunities to immerse yourself in a socially diverse environment.

Designed to be the finest expression of world class finishes, SUKARI Heights is a rare opportunity to reside in one of the most exclusive addresses in Nairobi.

This immaculately designed apartment is set amongst manicured grounds within a private and secure complex. As a resident, you will have access to lifestyle amenities including, shopping centre, gymnasium, spa, eateries, basement parking etc.
The apartment interiors are designed for the way you live, with features that add beauty and utility to your home.
Expansive windows and balconies offer breathtaking views of the surrounding.
Bright, spacious, airy open-concept interiors flow seamlessly from living to dining to kitchen.
The unit has spacious bedrooms with well fitted built-in closets, with master ensuite bedrooms.

Suitable for family living as well as investment.
As an investor you will enjoy, good ROI owing to Recurring rental income, Property appreciation leading to higher resale value.

Enjoy a flexible payment plan of up to 24 months kes 1.5m deposit.
Elegant 2 br 700ft2 master ensuite kes 3.7m
Luxurious 3 br 915ft2 master ensuite kes 4.8m
Executive 3 br plus SQ 1185ft2 kes 5.7m

Features&Amenities
Supermarket
Pharmacy
Food Courts
Fitness Club/Gym
Grocery
Salon&Barbershop
Banking Services
High Speed Lifts
Back up Generator
Back up Borehole
Top Notch Security
Controlled Access
Smart parking.

To book Call/WhatsApp +254711128128
www.certifiedhomes.co.ke


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The FIVE levels of Optiven properties

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Here at Optiven, we usually have FIVE Levels of properties. Each level has its set of value additions. The levels are also based on location, proximity to infrastructure. Market prices are thus based on these factor. This ensures that we cater for low, middle and high end customers.

Here are our property Levels:

1. Plots that are Bare: They do not have any value additions on them at all. Their price range from 495, 000_ per plot.

Hope Gardens in Kajiado
Price tag Kshs. 675,000 per plot

(Read more about Hope Gardens here: https://www.optiven.co.ke/properties/hope-gardens-kajiado-county/) and Favour Gardens in Kajiado. We do not have many of this type since they are plots that are a bit far from development.

2. Limited Value Added Plots: These plots have graded roads, fence with barbed wire, power not too far and there is scarce settlement. Examples are Rafiki Gardens along Kangundo Rd. @ Kshs. 695, 000 per plot ) – Read more about Rafiki Gardens here: https://www.optiven.co.ke/properties/rafiki-gardens-kangundo-road/) and Peace Gardens in Nyeri

@ Kshs. 695, 000 per plot (this is only 500 meters off Tarmac)

3. Standard Value Added Plots (Medium Value Added Plots): On this properties; we do murrum roads, Water on site, elevated water tanks, fence by Mesh and care taker on site. Examples are:

Shekinah Gardens in Kajiado Township

Price tag Kshs. 750, 000

– this project is only 900 meters off Namanga highway.

Shekinah Gardens – Kajiado

Watch more about Shekinah here: https://www.youtube.com/watch?v=o6pqSDS1OAo&t=14s)

Shalom Gardens in Machakos

Price Tag@ 1,295, 000,

Shalom Gardens Phase 2 Value Add Ons

Garden of Joy in Machakos

Price tag 1.495M per plot.

Garden of Joy – Machakos County

Watch more about Garden of Joy here: https://www.youtube.com/watch?v=xAIQGde-D7A&t=10s

4. High level Value Additions:

Price Tag: cash Kshs 2,295,000

We do fruits parks, playing fields, elevated water tower, piped water to every plot, we plant hundreds of trees, drainages done, power, house designs and gated community with manned security, community regulations, Home owners Association and a care taker. Example is Victory Gardens Phase Three, Four & Five.

Victory Gardens Phase 3, 4 & 5 taking a new Positive Twist

Watch more about Victory Gardens here: https://www.youtube.com/watch?v=StH4xI_7Oxg&t=1s

5. Super Prime Value Addition:

Price range: Kshs. 5m to 12.5m (determined by size of Plot)

This is where we do cabro internal roads, provision of club house, very high end entry gate, stone wall, laser wire, CCTV, water Fountain, high end Steel Galvanized 15 meter high 100,000 liters elevated tank, Orchards, green public parks, house designs, appointed Architect, registered community regulations by the county government, Home owners association, Uniformed Security guards. Two caretakers on site. Example is
Amani Ridge the Place of Peace in Kiambu.

Amani Ridge the Place of Peace – Kiambu

Watch this video on architectural projections of Amani Ridge the Place of Peace: https://www.youtube.com/watch?v=os3nubny8Vg&t=2s

Would you wish to own any of these properties? Get in touch with Optiven Today:

Contact Optiven Group:
+254 790 300 300
+254 723 400 500
Website: www.optiven.co.ke
George Wachiuri Blog: www.georgewachiuri.com
YouTube: https://bit.ly/2VdSuFJ


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Special Offer: Own one starting at Ksh 3.7M


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