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Originally published by Capital Business
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business
August 18, 2025
6h ago

Henbon launches 6th Nairobi project as housing demand surges

Henbon launches 6th Nairobi project as housing demand surges

NAIROBI, Kenya, Aug 8 – Chinese real estate developer Henbon has launched its latest project, Diamond Bay Suites, in Nairobi’s Westlands, marking its Kenya breaking news | Kenya news today | Kenya’s expanding middle class is driving demand for affordable yet modern housing,..

✨ Key Highlights

Chinese real estate developer Henbon has launched its sixth project in Nairobi, the Diamond Bay Suites in Westlands, amidst surging housing demand in the city. This new development aims to address the growing need for affordable and modern housing for Kenya's expanding middle class.

  • The Diamond Bay Suites feature one- and two-bedroom units, with prices starting at Sh8.8 million.
  • Henbon Sales Executive Coco Fan stated that five of the company's projects in Nairobi are already complete.
  • Kenya faces an annual housing deficit of approximately 200,000 units, with the total deficit exceeding 2 million units since 2008.

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