10th Floor, Fortis Tower, Woodvale Grove, Westlands, Nairobi P.O Box 66365, Westlands, 00800, Nairobi, Kenya

Telephone: +254 20 2370090/1/2 kenya@pamgolding.co.ke

Website: www.pamgolding.co.ke

Sandton International Ltd T/A Pam Golding Properties – Kenya

FAHARI HILL LUXURY APARTMENTS - UPPERHILL

JANUARY 2017

Fahari Hill Limited is constructing seventy two apartments on plot L.R No 37/375 & 37/376

located along Kiambere Road in Upper Hill. The property is located approximately 4km from

Nairobi City Central Business District (i.e 4minutes drive, and 30minutes walk from the Kenyatta

Avenue and Uhuru Highway Round about).

The proposed development will be an exclusive and enchanting development of 2No Blocks

consisting of 72No. residential apartments in two towers spanning twelve floors with each floor

consisting of 2No. Two Bedroom apartments and 1No. Three Bedroom apartment i.e. 48No. two

bedroom apartments and 24No. three bedroom apartments, a driveways, sidewalks and 144No.

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parking bays at the semi basement level Swimming pool, lifts, Site landscaping/beautification and

development utilities (water, drainage, electricity, health and safety systems, IT systems and

security) and associated ancillary facilities. Each three-bedroom apartment will be allocated two

parking bays and each two bedroom apartment will be allocated one parking.

The construction period will be 18Months.

The design concept targets the Nairobi residents seeking serenity as well as the Kenyans in

diaspora in search of homes. Wealthy Kenyans, wishing to achieve the very highest rental returns

from renting to this prosperous market, will also buy into these superb apartments, achieving the

very highest rental returns. This top end rental market will provide one of the strongest rental

investment returns end users will find in the Kenyan property market, with the added benefit of

very strong capital growth. Fahari Hill will also be the most upmarket residential address in Upper

Hill for clients wishing to live there. This is the most rapidly improving area around Nairobi. Early

investors will profit greatly.

There will be a club House and a swimming pool at the ground floor level.

The design principle incorporates aspects of post-modern architecture and the current trends of

modern living in Upper Hill and its environs.

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Construction works are currently in progress.

The Project Highlights

The proposed Fahari Hill will consists of 2No. blocks of 72No. residential apartments as follows:

Semi Basements Level:

a. 56No. Parking slots

b. Access to 2No. Lifts

c. Driveway finished with ribbed concrete floor finish sloped to drain

d. Underground water tank

e. Sprinkler system

f. LV Switch room

g. Server UPS room

h. Pump room

i. Generator room

j. Borehole

k. Waste bin

l. Landscaped garden

m. Dustbin cubicle

n. Guard House with water closet, shower and wash hand basin.

Ground Floor Level:

a. 53No. Parking bays

b. Lawn

c. Accessible to 2No. Lifts

d. Management office

e. Genset House

f. Transformer room

g. Driveway finished with Cabro blocks

h. Jogging Track / children playing area

First Floor Level:

a. 35No. Parking bays

b. Accessible to 2No. Lifts

c. Driveway finished with ribbed concrete floor finish sloped to drain

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d. Swimming pool

e. Club house

f. Management office

g. Utility room

2nd to 12th Floor Level:

i) 48No. typical two bedroom apartments

a) Plinth Area of 112m2

b) Spacious Lounge with a balcony

c) Spacious Dining area

d) Common bathroom (Water Closet, Wash Hand Basin and Mirror)

e) Spacious Fitted Kitchen with a cupboard, Polished Granite Kitchen tops, pantry and

optional space for a Breakfast Counter top.

f) Ample laundry area and kitchen yard

g) Spacious Master bedroom ensuite with a balcony, adequate Wardrobes and Dressing

Mirrors. Jacuzzi Water Closet, Shower, Wash Hand Basin, Mirrors in Master bath.

h) Spacious Bedroom with wardrobes

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ii) 24No. typical three bedroom apartments

a. Plinth Area of 172m2

b. Spacious Lounge with a balcony

c. Spacious Dining area

d. Cloak room (Water Closet, Wash Hand Basin and Mirror)

e. Spacious Fitted Kitchen with a cupboard, Polished Granite Kitchen tops, pantry and

optional space for a Breakfast Counter top.

f. Ample Laundry and drying area

g. Spacious Master bedroom ensuite with a balcony, adequate Walk in Wardrobes and

Dressing Mirrors. Jacuzzi Water Closet, Shower, Wash Hand Basin, Mirrors in Master bath.

h. Spacious Bedroom 2 ensuite with Water Closet, Shower, Wash Hand Basin, Mirror and

wardrobes.

i. Bedroom 3 ensuite with Water Closet, Shower, Wash Hand Basin, Mirrors and wardrobes

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Other Salient Features

i. High Quality floor finish

ii. In-built Television points

iii. Solar Water Heating System

iv. High quality sanitary ware

v. Borehole & underground water storage tank

vi. 24/7 Security and Entertainment System (DSTV wiring, CCTV, Intercom)

vii. 2 parking spaces for the three bedroom apartment and 1 parking for the two

bedroom apartment with an option to buy a second one.

viii. Controlled & Gated Community

ix. Children playing area / bicycle riding space

x. Stand by Generator

xi. Boundary wall with electric fence and gates

xii. External paving for parking and drive

xiii. Club House & Swimming pool

xiv. Gym

xv. Changing rooms (ladies) with water closet, wash hand basin and 2No. shower

rooms, sauna

xvi. Changing rooms (men) with water closet, wash hand basin and 2No. shower rooms,

sauna

xvii. Swimming pool utility room

PROJECT LOCATION BACKGROUND Location and size of the project

The proposed project site is located in a Land Parcel identified as L. R. No. 37/375 and 37/376 and

covers a total area of Zero Decimal Five (0.5) acres. The proposed project site GPS coordinates are

Latitude 1°18'11.94"S, Longitude 36°49'12.05"E and it is situated within Upper Hill area in Nairobi

County. The projects plot is located along Kiambere Road and can be accessed via Elgon Road and

Bunyala Road.

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Accessibility

The site is accessible as follows:

i) Uhuru Highway Bunyala Road Round about – Bunyala Road – Upper Hill Road –

Kiambere Road

ii) Haile Selassie Road - Lower Hill Road – Upper Hill Road - Kiambere Road

iii) Ngong Road – Hospital Road – Elgon Road – Upper Hill Road -Lower Hill Road – Upper

Hill Road - Kiambere Road

Payment Plan

12.3.1 Proposed average selling price

The proposed selling prices for individual units are as follows:

UNIT Area Selling Price Number of Units available

for sale as of March 17

2 Bedroom 112 18,000,000.00 25

3 Bedroom 172 24,000,000.00 15

TOTAL NO. OF UNITS

40

Payment Methods

a) Cash Buyers – Special discounts apply for cash buyers and depending on payment plan. Below is a typical payment plan

On Signing offer Letter

During Construction period

On Completion

Deposit 20% 70% 10%

Mortgage Buyers

a) Mortgage Buyers

On Signing Offer Letter

On Completion

Deposit 20% 80%

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Proposed Rental Income

Furnished Apartments The proposed furnished apartments rental rates per month are as follows:

• 2 Bedroom (Furnished) KSH 160,000/-

• 3 Bedroom (Furnished) KSH 200,000/

Unfurnished Apartments The proposed unfurnished apartments rental rates per month are as follows:

• 2 Bedroom (Un furnished) KSH 120,000/-

• 3 Bedroom (Un furnished) KSH 160,000/-