Kenya urgently needs escrow law to protect off-plan homebuyers

Kenya’s off‑plan housing market faces stalled projects and buyer risks, highlighting the need for escrow laws.

Photo credit: Shutterstock

Owning a home has been one of the ultimate dreams for millions of Kenyans. The off-plan housing model where buyers purchase a home before construction is complete has become an appealing avenue to this dream.

Off-plan projects promise affordability, staged payments, and attractive designs. However, behind the glossy brochures and enticing showroom models lies a dangerous legal and financial void that has led many unsuspecting buyers into financial ruin.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.