NAIROBI, Kenya, Jan 21 – Cytonn Real Estate – the development affiliate of Cytonn Investments has launched a Sh2.5 billion development in Karen, Miotoni road.
Applewood, which sits on 10 acres of land, comprises of 18 units of 5 bedrooms each sitting on ½ an acre piece of land each gong for Sh120 million.
The development comprises of gardens, optional swimming pools, clubhouse, gym and backup generator.
Edwin Dande, Chief Executive Officer, Cytonn Investments, said Applewood location boosts of easy accessibility to international schools, several leisure and recreational sites as well as The Hub shopping mall and The Water Front Park in Karen.
”Applewood was inspired by the success of our flagship development Amara Ridge in Karen” said Dande. “Our developments are client focused and Applewood is the result of extensive consultations with clients.
Construction of the development is expected to commence immediately. Applewood also comprises of a dam waterfront that offers unique views.
“Applewood addresses three basic needs in real estate- privacy, serenity and convenience. The offering is compelling to the clients,” said Martin Gitonga, Cytonn’s Senior Project Manager.
Other developments by Cytonn Real Estate include Amara Ridge in Karen, The Alma in Ruaka, Situ Village in Karen, River Run in Kiambu, Taraji Heights in Ruaka.