The project is located in Holo, Seme Region, Kisumu County. 18 km from the airport and CBD.
Location & Project Details
Why do a project in Kisumu?
- Kisumu is experiencing increased demand for housing.
- A strong diaspora community that wants homes in Dala.
- Professionals from Nairobi desire a home to visit over weekends and holidays.
- Kisumu is becoming an investment hub with developments like the SGR connecting it to neighbouring countries (Rwanda, South Sudan, DRC, and Uganda).
- Kisumu being a holiday and tourist destination has encouraged development of the Airbnb rental market.
Has construction begun?
Yes, construction is ongoing. Zone A is 60% completed, and Zone B is 40% completed.
Pricing & Payment Plans
What is the price range of the houses?
- Studio Units: $13,500 – $48,500 (Ksh 1.7M – 6.3M)
- 1-5 Bedroom Units: $58,800 – $189,600 (Ksh 7.6M – 24.6M)
What is the payment plan?
- 10% discount for full upfront payment.
- Flexible payment based on project milestones:
- 40% – Deposit/Ground Breaking
- 20% – Beam Stage
- 30% – Roofing Stage
- 10% – Completion/Handover
How much is the service charge?
- Zone A:
- 1-2 Bd: Ksh 4,500
- 3-5 Bd: Ksh 6,000
- Zone B:
- Type A, B, C, Z: Ksh 3,000
- Studio/Mini Studio: Ksh 2,000
Amenities & Services
What modern amenities are included?
- Swimming pool
- Modern restaurant
- Shopping centres
- Gym centre
Is it a gated community?
Yes, Rocky Ridge Residences is a gated community with luxury, serenity, comfort, and security. It consists of:
- Zone A: 1, 2, 3, and 5-bedroom standalone houses.
- Zone B: 2 and 3-bedroom semi-detached houses and studio units.
Does one get their own compound?
Yes, each unit will have its own garden space and flower-bedded fences for privacy and to promote a green environment.
Security & Surrounding Area
How’s the security in the area?
- Community security barriers will be installed.
- CCTV cameras will be installed for 24/7 surveillance.
How far is the project from Kisumu CBD?
It is 18 km from Kisumu CBD, which is about a 25-minutes drive.
Are there other developments around the area?
- Jaramogi Oginga Odinga University (JOUUST) in Bondo; Located 40 Minutes away.
- Maseno University; located 30 Minutes away.
- Kenya Medical Research Institute (KEMRI) located 20 Minutes away.
Ownership & Management
Do you continue to manage the property after handover?
No. A management company will be set up, with each homeowner holding shares. This company will manage the development after an AGM elects’ officials.
What other projects have your partners done?
Principal partners have developed projects like Village Market, Magnolia Hills, and The Tribe Hotel.
Financing & Rent
What banks are financing clients to buy the houses?
We are working with Cooperative Bank of Kenya, offering up to 100% financing at an interest rate of 9.5%.
What is the rent estimate?
This is the first gated community of this caliber in the region, so rental rates will be determined later. However, strong capital appreciation is already being witnessed.
Additional Information
What is the electricity and water situation like?
Electricity is already connected on-site. A borehole will ensure a constant water supply.
When will the houses be ready?
The project is expected to be complete by June 2025.
Where are your offices located?
Our offices are located at Village Market Mall, Limuru Road, next to NCBA Bank.
What are your social media handles?
Our page is named “Jamiijua” on all social media platforms.