The annual housing requirements in Kenya were estimated to be around 132,000 in 2015, and with the government’s housing projects providing 50,000 housing units per year, there is a considerable disparity in what is needed and what is received. There is also a housing backlog of 1.85m units.
A positive regarding the cost of house construction in Kenya is the range of housing options provided by housing cooperatives. These options cover all ends of the spectrum, with cheaper units costing Ksh600,000 and the largest, most prestigious homes costing anywhere up to Ksh14,000,000. Location is all-important in determining the cost of these homes, and the type of housing depends on the cost of the infrastructure in the area. As a business, the housing cooperative obviously has to break even, and the main vehicle for this is the building of large, high-end housing that delivers a much higher premium.