Kisumu – The Next best Neighbourhood
With rapid growth seen within the last 6 years in the lake side city of Kisumu, the robust middle class is yearning for housing, shopping and places to go.
Traditionally, the Milimani, area in Kisumu has been the premier area to live and spend your time , but with the saturation in the area, and the demand in the market, there has been a shift meet the threshold for what consumers want.
This has pushed growth very rapidly to areas such as Migosi where we have seen over 2000 residential units pop up out of nowhere which has resulted heavy crowding in these areas, with no drainage, insufficient water supply and lack of parking or roads.
As this is positive growth for the city of Kisumu, we need to standardize and set benchmarks for developments, to plan longer sustainable infrastructure in the area.
With Projects such as the Lake Basin Mall in Mamboleo strategically located on the northern bypass on the Kisumu kakamega highway, boasting over 60,000sqft of retail space, banking halls and hotel. According to Nation Media Group Mamboleo “situated about 3.5km from the central business district and about 3km from united mall that houses Tuskys supermarket, the lake basin mall will help push the property value in the Mamboleo area”
Housing developments in Mamboleo are starting to attract investors and first time home buyers, with the proximity to premier shopping area of lake basin mall and having the northern bypass at its foot Le rosey apartments offers a affordable luxury, from spacious interiors to well planned amenities and excellent finishes. An upscale development with a superb location, providing thoughtfully designed modern kitchens with quality imported finishes, Le Rosey displays a combination of contemporary design and affordable luxury. With breath taking views of the lake and Nandi hills are definitely worth it.
With other developments in the Mamboleo area like victoria gardens and the NHC working on standardizing and setting new benchmarks in the area. This is the right time for investors to look at Mamboleo as the next best neighborhood in Kisumu.