New developments in Kenya

Buying off-plan means committing to a unit before the building is finished, often before construction starts. You pay in instalments tied to construction milestones and take possession on completion. Prices at launch are usually below the finished market value, which is the main reason buyers take the risk.

The main risks are delay and non completion. Reduce them by checking the developer's track record on previous projects, confirming the land title is clean and in the developer's name, and insisting that your payments are tied to verified construction milestones rather than to dates.