Houses costing over Sh90m take long to sell

Houses costing over Sh90m take long to sell. FILE PHOTO | NMG

A grandeur home with a rustic appeal in Nairobi’s posh neighbourhood has been in the market for over three years. It was built in leafy Karen, which is near international schools and shopping malls. It has a fireplace, a study room and staff quarters.

There are only nine other such homes sharing five acres, an advantage to the privacy-seeking ultra rich. It is perfect but it has no buyer. The only problem is the price. It goes for Sh115 million.

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