• About Hisa Technologies
  • Advertise
  • Careers
  • Contact Us
  • Estate Cloud
Monday, July 4, 2022
  • Login
  • Register
No Result
View All Result
NEWSLETTER
Kenyan Wallstreet
  • Home
  • News
    • Kenyan News
    • African News
    • Global News
  • Business
    • Agriculture
    • Banking
    • Aviation
    • Energy
    • Manufacturing
    • Markets
    • Personal Finance
    • Technology
    • Startups
  • Lifestyle
  • Podcast
  • Videos
  • Events
  • Blockchain & Digital Currencies
  • Calendar
  • Home
  • News
    • Kenyan News
    • African News
    • Global News
  • Business
    • Agriculture
    • Banking
    • Aviation
    • Energy
    • Manufacturing
    • Markets
    • Personal Finance
    • Technology
    • Startups
  • Lifestyle
  • Podcast
  • Videos
  • Events
  • Blockchain & Digital Currencies
  • Calendar
No Result
View All Result
Kenyan Wallstreet
No Result
View All Result

62.8% of Kenyans prefer investment in land & real estate – Survey

Kenyan WallStreetbyKenyan WallStreet
January 29, 2018
in Kenyan News
Reading Time: 2 mins read

For several years, Kenya’s real estate sector has been definitely lucrative, attracting both investors and genuine buyers alike. Yet, a noticeable majority of kenyans are overly anxious when dealing with investment in this particular sector.

Reasons for this are well known. The undocumented real estate industry, which witnesses many frauds from developers with almost no property laws protecting the investor from potential scams and the overall unpredictability, makes it a perfect blend to scare anyone away.

However, according to a survey conducted by a local pension administrator, Enwealth Financial Services in partnership with Strathmore University – 62.8 per cent of Kenyans opt for land and real estate when it comes to securing their investments. The report also states that 9.2 per cent of the population prefer investing in financial instruments while 9 per cent prefer investing in an ongoing business.

The survey covered average Kenyans from the top and middle slots of professionals and self-employed people who have savings and are planning to invest for future protection. Land and real estate makes up the largest assets Kenyans invest in across all age cohorts.

ADVERTISEMENT

“Over the different age units there is a gradual change in the composition of investment assets, with land contributing the larger portion for those under 30 and real estate for those between 31 and 40 years.” said Enwealth CEO Simon Wafubwa while presenting the report to Industry stakeholders.

He said the decision by young people to invest in land and real estate is attributed to the perceived attractive returns, compared to returns from other asset classes like stocks which are viewed to be of high risk.

RELATED; 86% of Kenya’s working population uncertain of financial security in retirement – Report


Hisa App Hisa App Hisa App
Previous Post

Tuskys opens two more branches in Kericho & Eldoret; locations previously occupied by Nakumatt

Next Post

A payments platform to support economic growth

Related Posts

Airtel Kenya Appoints Louis Otieno as Chairman and Ashish Malhotra as Managing Director

Airtel Kenya Appoints Louis Otieno as Chairman and Ashish Malhotra as Managing Director

July 3, 2022
Standard Chartered Women in Tech

Announced; The Top 10 Startups Joining Standard Chartered’s Women in Tech Incubator

July 2, 2022

GoK Sets August 6 as Deadline for Importing Maize under New Tax Waivers

July 1, 2022

Mobile Phone Prices to Increase after New 10% Excise Duty

July 1, 2022

Maize Flour Prices to Decline by Ksh 2 as Govt Levies Relief

July 1, 2022

Relief as Government Cuts Taxes on Cooking Gas by 50%

July 1, 2022

Further Increase in Food Prices Pushes Kenya’s Inflation Rate to a 5-Year High of 7.9%

July 1, 2022

Jambojet Fetches KSh11 Million from Cargo Operations in Goma

June 30, 2022
Load More
Next Post

A payments platform to support economic growth

ADVERTISEMENT

Follow Us

  • 139.2k Followers
  • 2.4k Subscribers
  • 1.1k Followers

WhatsApp

Subscribe

Telegram  

Subscribe

Podcasts

Upcoming Events

Jul
11
Mon
all-day British American Tobacco Uganda ...
British American Tobacco Uganda ...
Jul 11 all-day
Payment of recommended dividend of Ushs 209.00
Jul
15
Fri
all-day Nairobi Securities Exchange Divi...
Nairobi Securities Exchange Divi...
Jul 15 all-day
 
Jul
22
Fri
all-day Umeme Plc Dividend Payment
Umeme Plc Dividend Payment
Jul 22 all-day
Umeme Plc Dividend Payment of Ush 54.10 per share
1:35 pm Umeme Limited Dividend Payment
Umeme Limited Dividend Payment
Jul 22 @ 1:35 pm – 2:35 pm
 
Jul
24
Sun
all-day Total Energies Book Closure
Total Energies Book Closure
Jul 24 all-day
 
Jul
25
Mon
all-day Jubilee Holdings Dividend Payment
Jubilee Holdings Dividend Payment
Jul 25 all-day
 
View Calendar
Add
  • Add to Timely Calendar
  • Add to Google
  • Add to Outlook
  • Add to Apple Calendar
  • Add to other calendar
  • Export to XML

Featured

No Content Available

About Us

We are a leading integrated digital content platform providing in-depth business and financial news across Sub-Saharan Africa & the globe. Kenyanwallstreet.com is a property of Hisa Technologies Ltd, a financial media & software company.

Contact Us

Kenyan Wall Street
Email: [email protected]
Website: www.kenyanwallstreet.com

Disclaimer

The information contained in this website is for general information purposes only.
Read more..

  • About Hisa Technologies
  • Advertise
  • Careers
  • Contact Us
  • Estate Cloud

Copyright 2021. Hisa Technologies. All Rights Reserved.

No Result
View All Result
  • Home
  • News
    • Kenyan News
    • African News
    • Global News
  • Business
    • Agriculture
    • Aviation
    • Banking
    • Energy
    • Infrastructure
    • Insurance
    • Investment
    • Manufacturing
    • Markets
    • Public Policy
    • Real Estate
    • Startups
    • Technology
  • Podcast
  • Videos
  • Events

Copyright 2021. Hisa Technologies. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In