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4 Pages«<234
2019 Census Results
amorphous
#61 Posted : Thursday, February 27, 2020 7:49:59 AM
Rank: Member


Joined: 5/15/2019
Posts: 356
Location: planet earth
tinker wrote:

The only missing catalyst in Kajiado county is the big brother-The Govt and enabling economy drivers such as good Main roads and access roads, piped water and sewer system.


Build it and Big Brother will come. He is already coming. Especially since he himself is already there(CS's in Kitengela, the Muthauras in Rongai, many other senior politicans and officials in Kajiado eg Atwoli..the list is endless). Look at how the Ngong-Suswa tarmac has transformed that whole zone. I hear DP has huge chunks along that stretch. Kitengela's example again has been extraordinary. There was literally zero stima, zero roads, zero anything there as recently as 1989. Now the feeder roads are being tarmacked moja bin moja thanks to GOK, WB and corporates taking matters into their own hands. I was being told how places like Komarock were bush, goats and Acacia a few decades ago. As soon as the middle class moved in everything got paved slowly but surely. Look at Syokimau. Had no paved roads as late as 2009. Now the major arteries are paved including Katani rd! Sewer is also coming to Kitengela for example. And so is water from NWSC..yes NWSC!!
Emotions and ego are twin enemies of strategy
Fyatu
#62 Posted : Thursday, February 27, 2020 11:09:59 AM
Rank: Veteran


Joined: 1/20/2011
Posts: 1,724
Location: Nakuru
tinker wrote:
Fyatu wrote:
amorphous wrote:
FRM2011 wrote:
amorphous wrote:
FRM2011 wrote:

1. The question of which is bigger between kitengela and rongai is finally settled. Rongai has ( 172K) and kite (154K). For perspective kakamega town has 107K and Ruiru 450K


But this was always known.
*The big shocker is the dramatic increase in Kitengela's figures which were a paltry 58k as recently as 2009. That Kitengela is by far the fastest growing urban centre in Kenya is officially confirmed..its population almost tripled!! Na bado.

More interesting shockers for me:

*The level of development of Kajiado North (I assume it includes Kajiado East as the latter is not listed) is quite something. Look at the figures for precast+stone+bricks houses. Then look at the figures for cars owned (rivaling Nairobi). Then there are almost zero mud houses in Kajiado North. Then electricity connection is over 90%. Amazing to say the least.

*I am also encouraged by the 1.5m or so figure of University graduates in Kenya. Add the almost 470k currently enrolled. And countless others without degrees that are part of the huge middle class.

The future is bright for Kenya!!


Thanks for the perspective. I hadn't looked at that yet. Kajiado north is rongai, kiserian and ngong.
Kitengela is an industrial town. The entire cement industry is in kitengela. Ditto about 70% of the steel industry. Throw in EPZ and its clear why it is the fastest growing.

But Rongai. Tuskys are opening a third outlet. Even after Naivas opened one. Quickmart opened a mega one. Some banks have two branches in rongai. Kitengela only has naivas and eastmatt. There is something about the spending power of the rongai crowd.

Someone was explaining on TV how they were tasked by a microfinance institution to do a survey and advise where to open a branch between the two towns. He visited the county offices hoping to get data from the issuance of business permits. The idiots from the county don't keep such data. Nobody knows how many barbershops or restaurants there are.


On Kajiado North thanks for pointing that out. Just looked at the data again and I stand corrected, Kitengela is listed under Isinya sub-county, but the figures for Isinya more or less tally with those for Kajiado North subcounty (85% electricity connection, car ownership about equal to Nairobi's, almost zero mud houses and so on).

You forgot that Kitengela has a Tusky's chap chap near Yukos and the games have just begun. Of course Kajiado is the county to beat after Nairobi when it comes to construction (another recent shocker) as evidenced here:

https://www.businessdail...3710-tfjwtiz/index.html

but that being said let me tell you why in a contest between Rongai and Kitengela long term, I would place all my bets in Kitengela hands down;

1. Rongai was poorly planned: https://www.sde.co.ke/th...ents-from-ongata-rongai Its population was a little over 100k by 2009 within a cramped area, meaning a net of a little under 80k has moved in with many original owners fleeing the town. We all know about Rongai's traffic woes. Kitengela's traffic is smooth and easy, thanks to how Namanga rd was built. The two slip roads on either side of Kitengela CBD that will be extended eventually all the way to Isinya will also accommodate future traffic increases quite comofortably without any need to dual.

2. Kitengela's hinterland is virtually unlimited. From Kisaju to Olturuto, Isinya to Birika, Noonkopir to Tuala..its open season for settlement. Rongai's..not so much given its location and surrounding cramped suburbs.

3. As you have correctly pointed out, all the heavy hitters (cement companies, industries in Athi River and EPZ, flower farms on Namanga rd, and so on) are smack dab in the larger Kitengela area. No comparison in Rongai which is largely residential and retail with little room for expansion.

4. Kitengela land prices are cheaper than Rongai's, ceteris paribus, for now. But this is changing fast! Cheaper means more investment will flow to Kitengela's greenfields compared to Rongai's in my view.

5. Kitengela has just got a much better and more organised vibe to it. Rongai is chaotic. All sorts of crazy businesses cramped together in an urban mess. Kitengela has the beautiful Kitengela Mall and the futuristic Signature Mall nearby. To see a decent mall in Rongai you have to drive all the way back to Karen, unfortunately. The middle class population in Kitengela seems also more innovative, globally exposed and up to date from my observations. Perhaps because much of middle class Nairobi has moved there. Kitengela for example has juice bars, posh spas, UK/US import shops, International curriculum schools by the tonne and Universities galore. And diaspora Kenyans have flocked there in droves thanks to companies like Optiven, Mahiga Homes and others that cater to diaspora. There is even a diaspora village near Isinya. Rongai not so much.

6. Kitengela suburbs have some of the best controlled gated communities in Kajiado County. Milimani, New Valley, Chuna, Yukos, Green Valley, Safcom 2, Utumishi, Muigai Prestige and countless other smaller ones. Rongai pales in comparison in my view. Most settled areas in Rongai are chaotic at best.

7. Kitengela is super safe. Rongai insecurity, though better these days, was terrible at one point. Hence the exodus from there by many.

...just to name a few.

Kitengela is definitely the town to beat in Kajiado County well into the future. Those Quickmarts and so on that you speak of will be in Kitengela overnight once they crunch their numbers and do their research as to how fast Kitengela is growing. Kina NCBA, NSSF, AAR, NHIF and many corporates got the memo very fast in the past couple of years..joining very many banks and have opened up serious branches in Kenya's fastest growing town.

Bottom line the race is on and Kitengela is the surest horse to bet on in Kajiado County.


I wonder where @Mugundaman aka jamaa wa ground zero/DC county went to. Perhaps ako majuu spinning burgers as he used to claim. He made a name for himself hapa hapa wazua by singing like a noisy canary about the prospects of DC. Seems he was right after all.


I agree with you, am sure if @Mugundaman is still around and able to get Internet bundles🤔. he is tempted to come back to Wazua by Census result. With 3 towns in Kajiado county making it in top, he would be typing furiously like 1990's sectretary on his manual type-writter.

ION, Quickmat Ongata-Rongai is operating 24×7.

The only missing catalyst in Kajiado county is the big brother-The Govt and enabling economy drivers such as good Main roads and access roads, piped water and sewer system.



Kshs. 1 million invested in the highly rigged casino(NSE) in 2011 buying one of the bluest of the bluechips KCB bank would be equal to a measly 40,000 shares(BP 25bob). Today, your networth would be ksh. 1,1,916,000 minus dividents.(KCB is trading at 47.9 today 27 Feb 2020).

On the other hand, kshs. 1 million would have bought a 50 * 100 plot in Muigai area of the Jewel in the crown(sic). How much is a 1/8th going for in Muigai(if at all any exists)?

Run for your wife while you still can
Dumb money becomes dumb only when it listens to smart money
amorphous
#63 Posted : Thursday, February 27, 2020 4:43:35 PM
Rank: Member


Joined: 5/15/2019
Posts: 356
Location: planet earth
Forget 2011

Chuna 2019 1/4 - 3 million
Chuna 2020 1/4 - 4 to as high as 5 million

Safcom 2 2019 1/8 - 1.5 million
Safcom 2 2020 1/8 - 3 million +

And this is before you have built anything.

If anyone bought a plot in Yukos for 1m in 2011 (I think they were cheaper than this)
and built on it for say 5m back then when it was cheaper to build, this is what they would be sitting on today;



A Maisonette worth 12,500,000 which is still dirt cheap (affordable) by market standards but very profitable to the builder since these ones move like hot cakes as the middle classes swarm into Kitengela. Is it any wonder the population tripled in 10 years? Why buy a cramped apartment in Madaraka for 12.5 m when you can own a beautiful spacious bungalow in Kitengela for the same? Meanwhile KCB shares continue to produce crumbling returns and can fall to zero overnight if any hint of a scandal hits them media. Not a very smart way to invest if you ask me.
Emotions and ego are twin enemies of strategy
amorphous
#64 Posted : Thursday, February 27, 2020 7:42:46 PM
Rank: Member


Joined: 5/15/2019
Posts: 356
Location: planet earth
Fresh NWSC Water coming to Kitengela soon!
http://countypress.co.ke...6VQLGmJ_XX2P66T7GN0ycsM
It was inevitable. Kenya's fastest growing town cannot be ignored by the Central Govt.
Next up Sewer and paved road to every village and we are in business!
Emotions and ego are twin enemies of strategy
Fyatu
#65 Posted : Thursday, February 27, 2020 11:14:10 PM
Rank: Veteran


Joined: 1/20/2011
Posts: 1,724
Location: Nakuru
amorphous wrote:
Forget 2011

Chuna 2019 1/4 - 3 million
Chuna 2020 1/4 - 4 to as high as 5 million

Safcom 2 2019 1/8 - 1.5 million
Safcom 2 2020 1/8 - 3 million +

And this is before you have built anything.

If anyone bought a plot in Yukos for 1m in 2011 (I think they were cheaper than this)
and built on it for say 5m back then when it was cheaper to build, this is what they would be sitting on today;



A Maisonette worth 12,500,000 which is still dirt cheap (affordable) by market standards but very profitable to the builder since these ones move like hot cakes as the middle classes swarm into Kitengela. Is it any wonder the population tripled in 10 years? Why buy a cramped apartment in Madaraka for 12.5 m when you can own a beautiful spacious bungalow in Kitengela for the same? Meanwhile KCB shares continue to produce crumbling returns and can fall to zero overnight if any hint of a scandal hits them media. Not a very smart way to invest if you ask me.


You are very correct. Investing in the NSE especially for a retail investor is out-rightly dumb. Trust me....i have been there done that.
Dumb money becomes dumb only when it listens to smart money
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