Mombasa businessman cum politician Suleiman Shahbal has urged Kenyans willing to own housing units at the Buxton Housing Project to speed up lest they miss the boat.
Shahbal revealed that a total of 1253 units have already been bought out of the 1900 units.
He notes that they are happy following the positive reception of the project despite the previous setbacks.
“I’m happy to note that out of the 1,900 units, 1,253 units have already been purchased. You must hurry up lest you miss the bus,” he insisted.
The businessman added that the Buxton Housing project is expected to provide employment opportunities to over 3000 people for the next one year saying “if we have similar 10 projects in Mombasa every year, we will be providing 30,000 jobs,”
The project worth 6 billion is expected to replace 545 old units within Mombasa County.
It is situated on a 14-acre piece of land.
The government, through Housing Principal Secretary Charles Hinga handed over a certificate to the project, an indication that it (the national government) has approved the company for the project.
The PS explained the government has already engaged eight big banks to help Kenyans in mortgage financing at an affordable rate.
“We want these banks to offer mortgages at a single digit of say nine per cent. When we come to Mombasa, we will come with all these banks because we want to set the pace for others,” he said.
The project is part of President Uhuru Kenyatta’s Big Four Agenda on housing.
Local politicians and residents had earlier gone to court to stop the project.
A Mombasa court in early March threw out the petition filed by a section of Buxton Tenants opposed to the project.
Buxton Tenants Welfare Committee chairperson Sheikh Khalifa lamented over what he claims is ‘total insults’ for supporting the project.
He said “The national government should bring in the tenant purchase scheme. All our 545 initial Buxton Estate tenants should first benefit from this project,”