How August 2022 Elections in Kenya will Impact the Real Estate Market in Kakamega.

Kakamega is the county with the highest number of registered voters in the Former Western Province. For a long time, the county has been Raila Odinga’s stronghold. We want to look at how political dynamics and August polls will impact the real estate market in Kakamega.

Facts about Kakamega

Kakamega County is located in Western Kenya bordering Bungoma County to the North, Trans Nzoia County to the North East, Uasin Gishu County, Nandi County to the East, and Vihiga County to the South, Siaya County to the South West and Busia County to the West. It lies 50 km North of Kisumu City. According to the 2019 population census, the county had 1,867,579 people. Temperatures range from a minimum of 10.3⁰C to 30.8⁰C. The major economic activities in the county include large-scale sugar farming, mixed farming, and commercial businesses.

Places to visit in Kakamega

Kakamega has several tourist attractions sites. Some of the best places to visit in Kakamega include:

Kakamega Forest
Crying Stone
Malava Forest
Roster man Mines
Rondo Retreat Centre
Ilesi Pottery Centre
Isiukhu Fall
Savona Island
Muliro Gardens

Kakamega Town

Kakamega Town lies about 30 k north of the Equator. It is the headquarters of Kakamega County. Kakamega town is the 10^th largest town in Kenya and is considered the heart of Luhyaland. Masinde Muliro University of Science and Technology, one of the best universities in Kenya, is located within the town. Governor Oparanya, the county’s head, has exuded confidence that the town will soon be elevated into a city as the real estate market in Kakamega continues to boom. The County government has put in place measures such as improving the road network, upgrading and equipping medical facilities, provision of clean and piped water, and other amenities to ensure that the town complies with the requirement of city status.

Estates in Kakamega

Kakamega County has the highest population after Nairobi which makes the demand for houses inevitable. There are many estates in Kakamega some of which include:

Kefinco Estate
Amalemba Estate
Kebati Estate
Akhonya Estate
Magorofani Estate
Rita Estate
Amalemba Scheme Estate

Kakamega Real Estate Market

In Kakamega town, the real estate sector is experiencing growth with notable developments taking shape in recent times. In the past few years, remarkable developments have been experienced in the housing segment in the town. However, according to sector players in the town who spoke to Boma, a mismatch in the provision of residential houses has left shortages in certain areas. Real estate players say Kakamega town has an oversupply of bedsitters, one bedroom, and two bedroom houses but has gaps in the supply of high-end buildings for certain population segments such as high-class residents.

Mumias Sugar politics has been at the center of campaigns for the top two candidates while visiting Kakamega. Raila Odinga, the presidential candidate for Azimio-One Kenya, has reignited the sugar politics in Kakamega County after promising to revive Mumias Sugar Company. William Ruto has also promised to revive the sugar sector in the County which he believes collapsed during the grand coalition government when Raila Odinga was a powerful Prime Minister. Considering that this county is an Azimio stronghold, more interesting scenes are yet to play on 9^th August. Reviving the sugar sector will improve the county’s economic growth and enhance the plantation of sugarcane by farmers, especially in Mumias.

Hotels in Kakamega

Some of the best hotels in Kakamega include:

Sheywe Hotel Kakamega
Western Star Hotel
Kamadep Guest House Ltd
Milimani Hotel
Malava Forest Lodge
Baaz Hotel Kakamega
Jamindas Paradise Motel
Place Caravan Hotel
Malava K Hotel
Golf Hotel Kakamega

Roads in Kakamega

The National Government has since 2013 spent 10.2 billion shillings under the Kenya Rural Roads Authority (KeRRA) alone for roads upgraded to bitumen standards in Kakamega County. This has been key to the growth of the real estate market in Kakamega. The last 10 years have witnessed great changes in terms of road development in Kakamega.KeNHA is set to construct footpaths from Sigalagala to Khayega.

To avoid accidents, the county government will construct footpaths along the Sigalagala-Khayega Highway. Students from the Sigalagala National Polytechnic often walk to Khayega, where they live, but they risk being hit by vehicles on this road. The construction of a footpath will be used by pedestrians and students who fall victim to road accidents in areas considered densely populated. The footpaths will also protect many people from bumps that were recently erected to slow down notorious motorists and protect them from having their cars damaged by these same motorists when they overspend speeding along this route.

Construction Sector in Kakamega

One of the latest and major and latest projects in Kakamega is the construction of affordable housing that is set to shape the real estate market in Kakamega. The County Government of Kakamega partnered with a private developer, Pinnie Agency Limited, to deliver over three thousand housing units in the county. The developer signed a Joint Venture agreement with the County through Kakamega County Investment and Development Agency (KCIDA), which is a special purpose vehicle established by an Act of the County Assembly of Kakamega in 2018 whose mandate includes and is not limited to entering into partnerships with both private and public sectors to promote investment in Kakamega County. Once completed, the project that will be executed in three phases will have a major impact on housing stock and living conditions in the area. This ongoing project can be accelerated if the county’s majority party wins in the upcoming polls.

Conclusion

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