If you drive by or rather take a walk on polyview estate as it is called nowadays, you will find it very
hard to believe that a Kisumu county cemetery has been transformed to one of
the sizzling Kisumu real estates with very high returns. The place which used
to be a cemetery not so many years ago is now turning to be preferred place for
most young people with money. These are young doctors, lawyers, and engineers
etc who are either Kisumu real estate(s) developers or tenants. This has led to
construction of a good number of posh and luxurious buildings emerging rapidly
in the region.
The appreciation goes to the rapid growing demand of
properties in the region and therefore made the Kisumu municipality council to
change the land use status to allow more of residential houses in the area.
Majority of developer in Kisumu real estate(s) industry are now yearning and
scrambling for a piece of land in the former burial ground which used to be a
cemetery in the late 1960’s. The council of Kisumu town lengthened it’s usage
until mid 1990’s where it was afterwards relocated to the present cemetery in Mamboleo.
Initially, people from the nearby used to have this weird
beliefs and superstitions of the dead buried in the area, for this reasons
majority of people around use to think that this particular place was
inhabitable. Just a decade ago, the land in the area almost cost nothing, but
the high demand for land together with the persistent housing shortage, created
room for more investors to venture into mainstreams of the former cemetery.
Bit by bit, the initial developers who got large pieces of
land from the council of Kisumu subdivided the land and then sold it to third
parties which eventually made prices to shoot very high, a quarter an acre went
for 1 million shillings. A city planner in Kisumu says that polyview is among the fastest developing
estates in Kisumu city with about six sites commencing construction every month
and in excess of 50 requests for construction approvals every month.
This has attracted both high and middle income earners in
Kisumu real estates, owning its closeness to the Kisumu CBD and accessibility,
with also learning institutions pushing demands for hostel and hospitality
facilities.
The current rates for a three bedroom rental house ranges
between Kshs.20, 000-Kshs.30, 000 while for the same size of houses goes for
around Kshs.5,000,000- Kshs.7,500,000 on sale.
A Kisumu planner says
the quick transformation of the former graveyard into a middle class estate is
as a result of the council’s plan to move away burial sites from the town and
residential areas."The Cemetery was just inside town and bordered many
residential areas such as Kaloleni, Makasembo and Ondiek Estate. Moving it out was a plan to have the area used as a
playing field initially.” He says this plan changed later due to rising demand
for better housing, with the use reverting to residential.
For more properties
available for selling and more news on Kisumu real estate(s) trend, visit www.westkenyarealestate.com
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