Sh5bn Kilifi houses for super rich ready for occupation

Project assistant manager Howard Hu. photo | courtesy

Real estate developer China Jiangxi Construction Company has completed building a Sh5 billion residential complex in Kilifi County’s Kikambala area targeting affluent Kenyans and visiting billionaires.

Project assistant manager Howard Hu said the 200 housing units - dubbed Sultan Palace - comprising Sh80 million villas facing the Indian Ocean, Sh36 million standalone townhouses, as well as the three-, two- and one-bedroomed apartments valued at between Sh10 million to Sh20 million respectively are ready for occupation.

PAYE Tax Calculator

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