Ups and Downs of Building and Home Construction in Kenya
Permits, Licenses and Home Construction in Kenya
Building and Home Construction in Kenya comes with diverse challenges. Although in the last decade getting licenses and permits to construct homes in the main cities has eased, the authorities still need to do more in streamlining and avoiding multiplicity of licenses. Including stakeholders in most of the decision-making would definitely be a step in the right direction. This would have a positive impact in activities in the Building Industry (which is one of the fastest moving sectors of the economy in the country) with resultant growth and increased returns to the exchequer.
Increased Costs in Home Construction
With supplies upheavals caused by the Russia Ukraine war the costs of putting up a moderate house have jumped by over 70% as supplies of steel and other building materials have reduced. This escalation has been compounded by the rising price of fuel, which is needed for the manufacture of numerous items used in the construction industry. In this respect, the transportation costs have also risen due to the extraordinary rise of petroleum products in the last few months. It is hoped that a quick end to the Ukrainian Russian war will bring back sanity to the industry and that costs will then stabilize making , planning and budgeting for construction projects.
Land Costs and Rental Returns
Despite these downturns in Building and Home Construction, the Industry is still inspired by the slow upward movement of land purchase prices and the gradual increase of rental properties, making investment in Home Building Construction a worthwhile enterprise. The amounts that are being ploughed in the construction Industry have increased and the growth of the sector is still expected to continue, unabated for some months to come. The forecast after the first quarter of 2023 is uncertain and is hostage to unfolding events on the International Theater. It is not expected that the elections of 2022 will affect the current situation much as, going by the campaigns, the perennial violence seems to have been curtailed and assurances of election and post-election peace have had a positive impact on various building construction stakeholders.
Jongonga Contractors Construction Work Schedule
At Jongonga Contractors, we are happy to say that there are several projects upcoming that are yet to be confirmed. Among these are Kitchen and Bathroom Remodeling, Apartment Renovations, Painting Works, Home Construction Works, Cabro Parking Bays, Mazeras Natural Stone Beautification Projects, Home Plumbing Works, Ceiling Remodeling in several homes, Electrical upgrades and Interior Design. We trust and hope that the future will augur well for those who wish to better their homes or construct their dream homes and that these members of our Kenyan Society will be able to acquire the perfect home cost effectively.