Kenpipe Gardens, located 39 Km from Nairobi City Centre and 6km from Kitengela Town, offers4-bedroom maisonettes in a spaciously designed gated community in Kitengela Township, which absorbs impact due to population expansion within Nairobi and continues to grow offering vast and easily accessible amenities, facilities and sufficient transportation networks.It is an ideal community setting for individuals and families to thrive in.
It offers wide roads for taking walks, cycling, skating and a playground for children among other amenities as seen above.
Item Description( 4 Bedroom)
Total Purchase Price 11,250,000.00
Deposit 10%- 1,125,000.00 10% deposit is the minimum acceptable Bal. on TPS – 10,125,000.00 Interest Rate 12% No. Months (Max) 240 Maximum of 240 months
Monthly Repayment KES 111,484.97
The Buyer is free to make increased repayments.
Registration Cost & Certificate of Lease KES 1,000.00
Management Co. Set Up & Purchase of Share KES 2,000.00
Reversionary Interest Purchase Costs KES 1,000.00
Service Charge Security Deposit (3 Months) KES 21,000.00 Advance Service Charge (3 Months) KES 21,000.00 Legal Fees KES 116,000.00 Inclusive of VAT
TPS Insurance* KES 40,500.00
Mandatory requirement subject to balance outstanding (annually and reduces as installments are paid)
Stamp Duty 4%Current Statutory requirement payable on completion of purchase. Government will from time to time review this charge.
Total Initial Payment 1,438,984.97 *To be advised by insurance broker
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