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Old June 20th, 2011, 05:49 PM   #1
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Le'Mac | Westlands | 25 fl | T/O








Le’ Mac welcomes you to an ultra modern commercial and residential address, offering the finest features and workplace facilities in the commercial hub of East Africa, Nairobi.
Located in the calm environs of Westlands, it offers tranquility and accessibility to do business at your own pleasure without normal business and communication challenges. Modern lifestyle challenges have been considered in designing this unique concept. Take a break and head off to the top floor to grab a bite at the restaurant or take a dive into the swimming pool to calm the nerves. For the fitness conscious, a spa and gym welcomes you to stay on track with your health regime.
We welcome you to explore and make Le’Mac your new commercial and residential address. Book now to avoid loosing out on a golden opportunity.

http://www.mark-properties.com/lemacapt.asp?cat=lmabout
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Old June 20th, 2011, 05:57 PM   #2
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its 24 floors building from what i gathered from the website, more details you can download from PDF format here http://www.mark-properties.com/lemac...at=lmdownloads

for sure if we have to solve the housing crisis in kenya, this is the way to Go,building high rise residential towers, South Asia did it and we can too
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Old June 20th, 2011, 06:02 PM   #3
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here is the video http://www.youtube.com/watch?v=5OBdu1K0T2k

enjoy the jewel guys
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Old June 20th, 2011, 06:23 PM   #4
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they are 2 project that is giving me sleepless night one is residential towers known as One westaprk and another nice office park called arundale heights both in westlands, their renders are in the property magazine but cannot find online
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Old June 21st, 2011, 02:56 PM   #5
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Very nice. I only wish they chose a spot right next to Waiyaki way though its height will make it stand out anyway.

Asante Wariah!
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Old June 21st, 2011, 02:59 PM   #6
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Quote:
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they are 2 project that is giving me sleepless night one is residential towers known as One westaprk and another nice office park called arundale heights both in westlands, their renders are in the property magazine but cannot find online
I hope we will get more info on these two projects soon.
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Old June 21st, 2011, 05:21 PM   #7
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Very Impressive project, très bien DB.



Quote:
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they are 2 project that is giving me sleepless night one is residential towers known as One westaprk and another nice office park called arundale heights both in westlands, their renders are in the property magazine but cannot find online
You can digitally transfer them to a PC if you have a digital camera with USB or wireless link-up or simply scan the press spreads and upload to your PC.
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Old June 21st, 2011, 11:11 PM   #8
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DDAAAAAYUUUUUMMMMM!!!!!!!!!! Way to go!
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Old June 22nd, 2011, 05:04 PM   #9
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Great project!
Website says ground breaking took place in March 2010, and that it will be complete in 2014!

Time for Westlands to rise.
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Old June 22nd, 2011, 08:48 PM   #10
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Great project!
Website says ground breaking took place in March 2010, and that it will be complete in 2014!

Time for Westlands to rise.
Thats 4 years,too long.the costs will skyrocket with inflation if the don't shorten the time frame.
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Old June 24th, 2011, 06:01 AM   #11
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wow real estate is truly booming Kenya is changing so fast am starting to believe vision 2030. lets go Kenya!
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Old June 25th, 2011, 04:44 AM   #12
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Thats 4 years,too long.the costs will skyrocket with inflation if the don't shorten the time frame.
4 years is eternity and unrealistic for a midsize project of this magnitude. Having said that, because its a high end residential undertaking that in itself will take care of any inflationary effects that a commercial structure may have otherwise succumbed to, such as changes in market preferences. This structure will have most odds in its favor;
  • Great architecture
  • Location(Waiyaki Way*)
  • Proximity to numerous Western Embassies
  • Presence of a large mid -high income population bracket
  • Great infrastructure and the current existence of huge demand in luxury living driven by tourism and conferencing.
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Last edited by Kisumu Ndogo; June 25th, 2011 at 04:55 AM.
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Old July 16th, 2011, 09:25 PM   #13
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shes a beauty, and 24 floors is a great size for that area of the Westlands...especially with residential space in it.
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Old July 26th, 2011, 12:35 AM   #14
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Le' Mac is a 24-storey building coming up on Church Rd, off Waiyaki way. Its consists of 7 floors of office space, 8th-22nd floor are apartments, restaurant and gym on the 23rd floor, swimming pool and spa on the 24th floor.

We are currently releasing standard apartments from 8th to 13th floor. There is a 1.5% increase in price with the increase in floor level.

The studio apartments are 723 Sq.ft and consist of a utility area, lounge, open kitchen plan and a bedroom. They are priced at Kshs.12,707,500/= and above.

The one-bedroom apartments range from 955 to 1059 Sq.ft and consist of a kitchen, lounge, dining area, utility room, a common bathroom and a bedroom. They are priced at Ksh.16,272,500/= and Kshs.17,882,500/= and above respectively.

The two bedroom apartments are 1265 Sq.ft and consist of a kitchen, combined living and dining, common bath, utility area, 1 bedroom and 1 en-suite bedroom. They are priced at Kshs.21,102,500/= and above.

There will be 3 and 4 bedroom duplexes on the 21st and 22nd floor but these will be released in phase 2.


Now, in my opinion, paying 21M for 1265 sq ft is a bit much (the 2 bed apartments). You can get high-end 3 bed apartments with over 2000 sq ft space for 17M or around. So this price premium, simply because you are in a hotel-type development, is a lot. But investors will probably snap them up and rent the apartments out to corporates and execs.
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Old July 26th, 2011, 03:33 PM   #15
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Kali sana, the architecture is superb, mwaaaaaaaah!
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Old July 26th, 2011, 03:37 PM   #16
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Ati 12million kshs for a studio apartment?crazy.
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Old July 26th, 2011, 07:22 PM   #17
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Quote:
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Ati 12million kshs for a studio apartment?crazy.
Wait till the bubble bursts. There's some unhealthy speculation going on in the property market in Kenya. If something is not done urgently, 90% of Nairobi population will be driven to the slums.
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Old July 27th, 2011, 04:52 PM   #18
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Wait till the bubble bursts. There's some unhealthy speculation going on in the property market in Kenya. If something is not done urgently, 90% of Nairobi population will be driven to the slums.
Very unhealthy.These people continue ignoring the middle class and going for upper middle and high class.That is why areas in eastlands which are meant to be for lower middle class,are now being occupied by middle class kenyans.the lower middle class is being pushed to the slums.
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Old July 28th, 2011, 12:13 AM   #19
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The nai bubble will not burst soon. People are still willing to buy cash without taking a loan. That why the bubble havent bursted in nai. ireland and stato burst was due to morgages.
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Old July 28th, 2011, 05:05 AM   #20
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The nai bubble will not burst soon. People are still willing to buy cash without taking a loan. That why the bubble havent bursted in nai. ireland and stato burst was due to morgages.
True,it may not burst but even with cash it cannot continue like it has indefinately.With the cost of living rising your target market will at some point feel they can only take so much.Given your kids education,food or a mortgage people will educate their kids first.
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