If only the govt focus on infrastructure and access instead of foreign investment. Fix the roads first, supply clean water to the public and reliable electricity
I stayed in this estate for my 2017 holiday in Dar. Yes, the estate is very beautiful and very quiet, the weather is good as it is close to the beach. The main issue is that there are no shops nearby if you need any thing. The main road is a bit far and there is no public transport to get you to the main road, lucky we had our own car.
My homeschool my kids international language school I don't need school. I just need to go to the beach maybe go once in a while in darr en salam thats it I love this house is beautiful Mediterranean houses
I am amazed that they spent 80 million on those places, but they dont have grocery shops, restaurants, movie theater and other activities, gas stations, over there. I mean, inside the area.
Price alone cannot be the reason. May be the Estate is not close to most people's working area, or that 'nearby' places he mentioned have a much lower rent than this gated community. I suspect the développers didn't do a comprehensive market research prior to this construction.
Another reason is the price, building your own home can cost you only half of the asking price , same quality , finally you will find it difficult for someone to buy that house in streets that are not gated , people values privacy more than anyone can comprehend.
And they can easily screw you over. Some foreigners have lost property and it took them almost 3 decades to get any reparations. I wouldn't advise a foreigner to but property there.
Good video. But it would've be great if you had a chance to interview the management there to find out exactly what's going on, why so many empty apartments. And also how to buy one if someone is interested.
The rent of $300 isn't high, it's actually standard for a house and maybe low for middle income areas in Dar and $100K for a house is actually very very normal. The problem was marketing and location of the project (most mid income and high income people traditionally prefer to live in Kinondoni, Ubungo and ilala districts). Kigamboni is a very new area and when that project was being developed, the area was considered to be a remote area to the most of their intended market.
Tanzanians laws are not investor friendly and Tanzanians hate foreigners. Unlike Uganda, Rwanda or Kenya where you can invest easily and start a business as a foreigner as you can buy a property in these countries. Tanzanians are very hostile to foreigners and they are anti-development people
I am 101% Sure, the marketing was terrible, but such homes are actually pretty affordable to many people, and they would make ideal quiet weekend homes away from the city! If this were in Kenya, they would have sold out before it was finished due to our strong marketing culture here in Kenya.
It is not about marketing strategy. And not about money the way video suggest. Average income earner in Dar are more into buying a land and develop with their own preferences interms of design, leisure, backyard, etc. Also the geographic location is not yet popular in contrast to other ends of Dar. Remember Dar is the biggest city in East Africa by size. Two times bigger than Nairobi. Lands are plenty. Do your homework before commenting. As well for the content creator!
@julius naminde I wish you have your evening some other time. Not today. Here just approaching to noon. Dar es salaam is approx 1500 sq. km, Nairobi is approx 700 sq. Km. This evening sit for some geography and statistics!
@@mh9251 That's mad, considering Dar es Salaam as a region is one of the smallest regions in Tanzania. I was born in Dar es Salaam and still live here but the first time I read somewhere that Dar es Salaam is the biggest city in EA, I was really surprised, let alone being twice the size of Nairobi. And you are also right about in your previous comment above that there are still a lot of undeveloped spaces/land in Dar es Salaam. It's insane.
It's not the distance. It's the price. 6 years ago I inquired the price of the largest 2 story home which was $650,000 USD. With that $ I can build my own town. Rich Tanzanians will not pay that much only to live in a cookie cutter home in Tanzania.
Marketing was the issue. Maybe they should have partnered with an affordable private school and mall/shopping Centre. Built entry level middle income houses (not too fansy), the school and shops at the same time to attract young families. It's hard to convince people who are already established to move but young families are more willing. Market it as a lifestyle community with all amenities. It's a very beautiful place, sad to see it go to waste.
Kigamboni and Kijichi areas are full of low cost properties so the AvIC project targeted other clients. They tried marketing when they started but then they went quite .... So marketing could be the reason
This is so strange, building so many houses with no buyers. I'm not sure how it's done over there but in SA whenever there's a new development, houses are built according to the number of buyers, you can't build 10 houses while you only have 2 buyers, or am I missing something here??
I also want to add that most people in Tanzania who can afford these houses like building their own houses and so buying/ renting is quite rare which is another reason this project may have stalled
By income most Tanzanian cant afford the prices, buying a two bedroom apartment for Tsh 175 - 200 Million? while with half of the amount you can build your own house of 4 bedrooms. Very few Tanzanian would afford to buy such houses.
How many hardworking Ghanaians, apart from the criminal politicians and public officials who loot millions of dollars from the State, can afford such houses in Ghana?
If they were built here in Kenya...We do purchase the house while still on foundation...I mean SCRAMBLING even if the construction is officially over🤗🤗🤗🇰🇪🇰🇪🇰🇪100000usd...penny hapa Kenya 😋😋😋
A very good update. You are right, the marketing has been very poor and the local amenities haven't been built yet. This was only phase 1 but it doesn't look like phase 2 will be started if they can't sell these properties. It's a shame because they do look good value for the price being asked.
@@dorothysista7463 there are lots of houses in Masaki and other areas of Dar es Salaam that are far more expensive and owned by local people. There were to be 5 phases in this project and the amenities were planned to be built later. It looks like they got their marketing and planning totally wrong and because they can't sell the houses in phase 1 they have no funds to continue with phase 2.
@@gordy21 can't they sell them to the diaspora? Oh, I forgot, we are not allowed to own property. It's just fucked up country with medieval laws. Duel citizenship could solve a lot of these problems.
It isn’t the marketing, it over valued for the affordability. Cut the market price in half for 50% of the properties. It is not a community until then. Pure economics
Went there last week. Houses now show signs of major decay. In Tanzania, if there are no tenants the property owners very rarely do upkeep. In some units there were major bird droppings and nesting inside. There is a gym, grocery store and pool. All empty and abandoned. It would probably take major work to fix up some of these places…but it is not impossible. If this place had attracted people as the builder had planned it would have been great. They may want to look at lowering the rent to at least get some occupancy and slow the decay of the unused homes.
Atleast you could have put some effort to show us the interior of the houses for more details. It would have helped a lot who are interested to invest in the neighborhood like me.
Real Estate Developers don’t put money is such projects blindly. This is not a mistake, don’t look at it from a layman perspective. There’s a very good reason this project is there for the owners. Look deeper and you will find the REAL reason.
Chinese have built thousands of flats in Nairobi but occupancy rate is very low. They have little or no understanding of what homeowners need; schools, hospitals, shopping malls, entertainment like cinemas, restaurants etc. In Kenya the rooms tend to be very small; hence pple prefer Wahindi design and construction of homes. Chinese don't also join the dots of the economy and our architectural tastes - and you are right, advertising isn't their strong point.
Chinese are no stranger to developments like these that remain unoccupied for years. Problem is the pricing... Even in mainland China today, 50 million apartments remain EMPTY!
The price worth it. Such a place in Ghana will worth about 400k US dollars or even more. This is well built community with a lot of greenry, good tarred roads. I wish I could live there. Maybe I gotta find me a Tanzanian lady so I can relocate
Tanzanians laws are not investor friendly and Tanzanians hate foreigners. Unlike Uganda, Rwanda or Kenya where you can invest easily and start a business as a foreigner as you can buy a property in these countries. Tanzanians are very hostile to foreigners and they are anti-development people
This houses a overpriced on buying price but rightly priced rent wise, currently, 100k USD is equivalent to 138 million kenyan shilling, you would get a haven for such amount of money in terms of a house in Kenya, yet, Kenyan economy is strong that that of TZ
If this was Nairobi, even the outskirts, it would be fully occupied. $100,000 to $200,000 for a property which is 28kn from the city and 25km from the beach is affordable.
It's very sad. I was going to move there. I still would love to live there but it needs people. No gym it's empty. The pool is beautiful. The homes are lovely
I think they just need to add amenities (supermarket, restaurants, cafés, post office and medical centre). Maybe even build a small primary school or something if this is aimed at Tanzanians and not tourists
That price may be possible with payment plans for up to 5 or 10 years. Houses are expensive in America but people struggle to make payments for 30 years which doing too much.
Yes, payment plans for the diaspora could help. Gated communities come with additional costs, like security and maintaining the landscape. That could turn people away. Not easy to resale.
What type of internet connection does this place have, and is there a consistent power supply? If the location boasts a reliable power source and high-speed internet, it would certainly pique our interest for potential investment opportunities.
@@gumodokamehuna915 We should definitely visit the place to get a firsthand glimpse of the thriving real estate market beyond South Africa's borders 🌍🏠
China Aviation International Holding Co Ltd (CAIH) is a state-owned enterprise (SOE) based in Beijing, China. It is primarily engaged in aviation-related businesses, including aircraft leasing, aviation logistics, and international aviation services. This is has "Silk Road" written all over it. This is a Staging Area for the Chinese elite to one day occupy. They Have Another un-occupied city in Angola. These people are invading Africa little by little. Africans people are too uneducated to comprehend the strategic concept of a stealth invasion. As of 2021, 2 Million Chinese are living in Africa... in 2023, it has to be much higher.
Wow ooo I like those houses I'm from America but way of Liberia yes I need one of those I'm gonna put on my FBpage ok peace and blessings one day we probably meet somewhere my brother peace and blessings beyond measure 🙏 ✨️ 🙌
Nice informative piece. Firstly,the house designs are awful because the windows are too small considering Dar is hot. Also,the Tanzanian government does not care about affordable housing. Case in point, Dar es salaam CBD has houses owned by national housing corporation and you actually pay enough money as goodwill to buy a new house in order to get a chance to live there and still pay rent. If you want to rent a room in the suburbs like Magomeni,Sinza,Illala and many others,you have to pay a year's rent and 'kilemba',which is ten per cent paid to the brokers. That's why people in Tanzania struggle with making ends meet. The government should wake up!
having large windows in houses where the climate is hot is not a good idea if you want to sleep at night. In Tanzania you need a good generator or solar battery back-up as there are often power cuts during the night and your air conditioning will stop working. The government were trying to wake up by providing affordable housing with the Kigamboni Project but there was too much local opposition to the plans so the project was cancelled. You have made some valid points but the people also need to wake up.
Location is an issue. Most people living in Kigamboni are having a hard time going to and from town due to distance. With other factors combined, could result to the abandonment
Yes ! I too feel there was something wrong in the marketing strategy..its still not late if I had the opportunity to promote it ,I will get the whole place full in 3 months
Most people who are capable of affording such properties are easily foreigners but then again, the immigration laws in Tanzania is very strict therefore I suggest real estate companies need to team up with the government to come up with a better way of attracting FDI by consolidating on some of their migration laws. The Greeks did it and several other countries have also done it, including Ghana!
Ukishatoka nje mji kwa Dar ni ngumu kuwapata wateja wa kipato cha juu kununua Nyumba. Miradi mingi kigamboni haijaleta Faida zaid ya Hasara. Ni muda sasa wawekezaji kuwekeza kwa watu wa kipato cha kati na Chini. Watanunua popote hata iwe Kibaha!
Tanzanians laws are not investor friendly and Tanzanians hate foreigners. Unlike Uganda, Rwanda or Kenya where you can invest easily and start a business as a foreigner as you can buy a property in these countries. Tanzanians are very hostile to foreigners and they are anti-development people
Beautiful! My 2 BR 2.5 BA townhouse in the US was $148K 6 years ago and would sell for twice that much today. If I could get a house of that size here for those prices? Oh well. It’s a nice dream.
@@emazjassam2452 Tanzanians laws are not investor friendly and Tanzanians hate foreigners. Unlike Uganda, Rwanda or Kenya where you can invest easily and start a business as a foreigner as you can buy a property in these countries. Tanzanians are very hostile to foreigners and they are anti-development people
The community is in the middle of nowhere. It’s not desirable so it can’t really over priced, anyone who accidentally buys any of these houses should be prepared to own the house forever.
@@khaledeponera6070 the traffic is far worse in Dar es Salaam. Everytime that I have made the journey it hasn't taken more than 30 minutes from the Kigamboni ferry. You don't need to take your car into the city centre.
Are there schools or grocery shopping nearby? No one wants to spend hours in the car dropping off and picking up children from school. The developers need to rethink this community.
Would be interesting to know what the real challenge is. At $100,000.00 they actually are quite competitively priced. Maybe you can investigate further to get a clearer perspective, rope in the developers and market players to get their opinion...
I reside in kigamboni..to me ithink the problem is not distance from the city centre ,,too many people live very far from ferry..the real problem here is the price ..I have lived in kigamboni for five years now,and from my observation most people are low income earners and I mean alot..that is also why if you observe from ferry their is kms and kms of ocean shores and not one high end hotels in sight..and for a fact if your are a developer here you will make tons of money building guest houses and lodge than hotels..I think the Chinese didn't these factor into consideration while investing in these areas
This thing would've been a hit if they added mass transit like a train or tram. Because I wouldn't want to move to a new house and then drive over an hour to work..
