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Amaiya by Mi Vida Is 70% Sold As The Brand Banks On Its Track Record

BY Soko Directory Team · May 7, 2024 03:05 pm

Amaiya by Mi Vida, a mid-market apartment complex situated within the Garden City Development is 70% pre-sold, Mi Vida Homes has announced. The project is the second phase of the Developer’s pioneer project at Garden City. This first phase 1is fully sold out, with investors achieving up to 15% rental yields on furnished units.

Amaiya offers 1- & 2-bedroom luxurious duplex units and 3-bedroom apartments. The project upholds the brand’s promise of innovative design, modern engineering, trusted construction, and on-time delivery.

“Amaiya is currently under construction. The pre-sale level of 70% validates the market opportunity for mid-market housing and the trust that our brand has built with our customers. It also demonstrates the demand shift towards large master-planned developments with unique amenities” said Sam Kariuki, Mi Vida Homes Chief Executive Officer.

The 70 percent sale of Amaiya comes a few months after Mi Vida announced the complete sell-out of its flagship project, Mi Vida Garden City, which pointed to the increased demand for green developments across the country.

Nestled within a 47-acre mixed-use development along Thika Highway, a short drive from Nairobi’s central business district, and with easy access to Jomo Kenyatta International Airport, Mi Vida Garden City has always been a perfect place to live, work, and relax in effortless balance that marries into nature and earth.

The 70% sale of Amaiya comes after the real estate developer announced that their other affordable project 237 Garden City was sold out in its first phase with the second phase being at 50% sold. Mi Vida has a proven track record of delivering its projects to investors on time with the first phase of Amaiya delivered within 2 years during the Covid Period.

Read Also: Mi Vida Onboards More Partners On Its Loyalty Program

Soko Directory is a Financial and Markets digital portal that tracks brands, listed firms on the NSE, SMEs and trend setters in the markets eco-system. Find us on Facebook: facebook.com/SokoDirectory and on Twitter: twitter.com/SokoDirectory

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