HF Group heralds the handing over of the first phase of Nairobi’s new Clay City, consisting of 80 three-bedroom apartments along Nairobi’s Thika Super Highway. The Ksh 700m project which was launched in 2018 is built under a joint venture with Clay Works Limited which owns the land, while HF Group fully financed the development.
In a statement, HF Group CEO Robert Kibaara noted that while there is no doubt that the real estate market in the country has slowed down in the last few years, they have put in place aggressive marketing strategies including the Shika Nyumba property sales campaign to drive the up-take of Clay City as well as other housing developments under their portfolio.
“As always, we dedicated significant time and resources to respond to customer needs, to ensure we’re delivering exactly what our homebuyers are looking for. The setting of Clay City is perfect for homebuyers who want the serenity, convenience and amenities they’ve dedicated their lives and hard-earned income to achieve,’’ said Kibaara.
The second phase of Clay City has been committed to development of affordable housing units, in line with the Group’s strategic focus, and upon completion, will see approximately 800 units which will be a mix of one, two and three bedroom apartments constructed.
‘’HF is committed to the affordable housing agenda and will continue to collaborate with partners in the public and private sector to deliver on this fundamental human right and make home ownership a reality for the majority of Kenyans,’’ noted Kibaara.
The business is presently concentrating its efforts on mortgage financing to end buyers as part of our turn-around strategy that is already yielding positive results.