World Bank values Dar’s real estate Sh273bn more than Nairobi


over 30% of all new high rise real estate in Africa are bieng built in nairobi. just think about that, 30% share in 54 countries.....
Nairobi is also slated to atain 1st world status by 2020, no other city in the region will be ataining that anytime soon
 
Ist world status your ass
 

What does 1st world status mean, kwa vigezo gani, in what region, be specific budda. Au unaongelea status ya largest slum by 2020. Wakenya buana.

Kuja fafanua kinagaubaga eroo.
 
Prove that!
 
Hayo maneno uwe unawaletea bungua wenzako kuleee kologosho.... this is great thinkers' forum.
 

The thing is.... Dar comprises of modern buildings with high tech design and specifications while Nairobi is constituting of obsolete and old fashioned buildings. Look at the one signage as Sum Sang can not be compared with NSSF Water Front.
Most of buildings in Nairobi are more than 30 years old. Constructed at the time when the technology catered for very basic and fundamental parameters as far as real estate development and construction is concerned. Buildings were really constructed with traditional building materials like bricks/blocks and mortar. No buildings were claded with any of the modern well looking insulating materials.

Likewise if you compare Washington or New York with Dubai, the Americas cities will be very far behind to Dubai, because Middle Easters city is comprising of modern buildings with sophisticated technologies and unique state of the art designs and specifications. While the Americas having the medieval buildings which impress nothing other than serving as the museums. The good example is the Famous White House (Trumps' Presidential Home), has nothing to offer regarding the modern scene rather than being used as a free tourists attraction where by strangers are enjoying taking fotos.
 
Ist world status your ass
What does 1st world status mean, kwa vigezo gani, in what region, be specific budda. Au unaongelea status ya largest slum by 2020. Wakenya buana.

Kuja fafanua kinagaubaga eroo.
Prove that!
Hayo maneno uwe unawaletea bungua wenzako kuleee kologosho.... this is great thinkers' forum.

I don't know why I was thinking 30%.. its actually 25% or 1/4 of africas high rise real eastate

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Prediction - Nairobi solidifies its emergence as Africa’s premier skyscraper hub as construction starts on Hass Tower in Nairobi – the first supertall to begin construction in Africa.

Nairobi is in the midst of a skyscraper building boom, accounting for almost a quarter of all active high-rise construction in Africa – far outpacing any other comparable cities. Adding to that will be the Hass complex when it starts construction in September. The two-tower project will break a number of records, featuring Kenya’s two tallest buildings, Africa’s first supertall tower, and two of the three tallest buildings on the continent. Its construction will solidify Nairobi’s emergence as Africa’s primary skyscraper city.
CTBUH’s tall building predictions for 2017
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First world status or developed status means a country has more technologically advanced infrastructure than others.. from logistics, roads, ICT, education, sanitation, equality.....etc , between 2020-2030, Nairobi is expected to be achieving 1st world or developed status






What makes Nairobi Africa's 'most intelligent' city

In it's Global Cities report, consulting firm A.T. Kearny, identifies Nairobi as one of two sub-Saharan cities likely to achieve developed status within 20 years. The city is identified as an "important center of regional politics" and the authors say the fact IBM is building a research laboratory illustrates it is a place advancing its global positioning.

(CNN)For a second year in a row, Kenya's busy capital city of Nairobi has been named the most intelligent city in Africa -- failing, however, to make it to the world's top seven finalists.

According to the Intelligent Community Forum, "intelligent communities" are those that have taken "conscious steps" to create an economy that can prosper in the "broadband economy." The group has recently released its latest rankings, recognizing the achievements of communities that have built inclusive, prosperous economies on a basis of information and communication technologies.

Nairobi was the only African city to appear on their shortlist of 21 hubs throughout the world for 2015.
Intelligent Community Forum co-founder Robert Bell says: "We see a strong foundation being put into place [in Nairobi]: sensible, pro-growth government policy, a more diversified economy, and an innovation ecosystem of startups, international companies and universities.
"Nairobi certainly has the opportunity to build an exciting future for its citizens, businesses and institutions."
The Kenyan capital, however, didn't make it to the next round that will see seven communities around the world contesting in June for the 2015 Intelligent Community of the Year award -- in alphabetical order, the 2015 Top7 Intelligent Communities were Arlington County (U.S.), Columbus, (U.S.), Ipswich (Australia), Mitchell (U.S.), New Taipei City (Taiwan), Rio de Janeiro (Brazil) and Surrey (Canada).
Click through the gallery to find out more about how Nairobi is dealing with the challenges of the broadband economy
What makes Nairobi Africa's 'most intelligent' city - CNN.com




There is also this
Forget BRICS, here are the new 7 best emerging markets for business
Kenya

Africa’s other large economies, Nigeria and South Africa, face more than their share of political and economic turmoil these days, but Kenya appears headed in the other direction. Backed by a majority in both legislative chambers, President Uhuru Kenyatta appears poised to advance long-delayed plans to develop the country’s power sector and national infrastructure. His government has strengthened the state’s security bureaucracy in the wake of recent terrorist attacks—and the decision by the International Criminal Court to withdraw charges against Kenyatta brings a new measure of stability. The implementation of IMF-supported fixes to central bank and treasury management ought to keep inflation in check and the currency stable as well.
 
The title is quite misleading though. According to the article, Most of Nairobi's office space is private owned hence prices are set to ensure steady returns (due to higher occupation) while Dar's office space is mostly government owned and they don't really care about returns hence a fixed higher rate resulting to the supposed higher value than Nairobi. The article states that Nairobi is the more lucrative market also due to its higher replacement rate.

For those who don't get it, It's more like having 3 tomatoes in Dar selling at 10 shillings each and replacing them every time they're sold. It then happens that in Dar you replace the tomatoes once in a day making a total of 60 shillings. However at any given time the value of your tomatoes in Dar is 30 shillings. meanwhile in Nairobi you have 5 tomatoes going for five shillings each. You replace the tomatoes twice in a day making a total of 75 shillings. However the value of your tomatoes at any given moment is 25 shillings. This simply means you have less yet more valuable tomatoes in Dar and more yet less valuable tomatoes in Nairobi and you make more money from Nairobi's tomatoes than Dar's tomatoes. orina and co. you wouldn't be bashing Nairobi this much if you understood the article well.
 
Kafrican
Thanks for giving us prediction....
But currently we are talking about a gap of $9bn between two cities........
 
NairobiWalker
Please don't try to derail a pure and simple topic..... the report is giving the magnitude of capital investment in real estate in two cities. If you don't decipher an article in the news paper, please request the original research report from the World Bank Group.
 
I have been trying to look for the original article with the data from WB but can't or don't seem to find it..... If anyone has a link please share ..
 
Kafrican
The auther of an article mentions a guy whom he was interviewing. Tell the guy (auther)to give you his contact so as you ask for the original version, coz that is not a classified information. It can be shared.
This is usefull coz will across with methodology used, sample picked and what have you.
 
But the guy he source the info from was releasing a WB report, so there is no need ask for his contacts specifically, first I just need the original WB report, it must have details,explanations....
Anyway, I thing when they are releasing a report, usually they anounce it at a conference by word of mouth with some point form presentation before they post it officially on their website, lets hope that is the case. It usually doesn't take more than 5 working days
 
Samani ya dar no kubwa sana kwa Nairobi bado kabisa na hio hua nalisema sana
 
Jiji la nairobi nvua in yes he upo center, unaeza sema kwa nini nilifika hapo ni tops tu jiji zima
 
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