The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
Homes under construction at Oak Park Estate, Kenyatta Road, Gatundu South, by Banda Homes. [File, Standard]
A growing number of Kenyan especially those in the diaspora are turning to off-plan property investments, but experts warn the model carries significant risks if due diligence is overlooked.
A recent case circulating on social media highlights the dangers. A group of Kenyan women based in the United States invested in off-plan retirement homes through a developer they trusted, relying on virtual site tours to track progress.
Premium Article
Get Full Access for Ksh299/Week.
Bold Reporting Takes Time, Courage and Investment. Stand With Us.