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Design for the future www.chigwellholdings.com
www.chigwellholdings.com
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Design for the future Essential Business shines the spotlight on Chigwell Holdings, a company helping to meet the housing needs of the emerging middle class in Kenya and East Africa.
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stablished in 2005, Chigwell Holdings Ltd is a property development ďŹ rm on a mission: to provide quality, contemporary homes at competitive prices. With a focus on affordable designer
housing, Chigwell has three projects under its belt: Phenom Estate, Sidai Village, and Phenom Park.
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Bold beginnings
The Chigwell Holdings story starts with Phenom Estate, a Sh250 million project that began in 2007. The 32-acre gated community is located behind Wilson Airport, off the main Lang'ata Road, and consists of 343 maisonettes and a fully developed community centre. According to Nirish Shah, Executive Director of Chigwell, Phenom Estate, was lead by extensive research into the needs of the target market of young professionals. The research revealed a preference for open spaces and bright, artistic finishes. This is reflected in the architectural design of the project's final phase. “Lang'ata Road has always been overlooked by developers,” said Mr. Nirish, speaking to Standard Media in 2013. “Land here is
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The success, popularity and substantial profits from the Phenom Estate development went on to fuel Chigwell's second project: Sidai Village in Athi River. “Interestingly, the same banks which were not willing to offer us loans started making financing proposals after the completion of our first project,” Shah said in an interview with Business Daily Africa.
Gaining momentum
“Many new building technologies are not received well in Kenya because they are quick and easy, and most Kenyans feel more secure with solid and secure houses, so we try to give them the best of both worlds. Gated communities and affordable family centered homes are also well sought after in the market.” The popularity of Chigwell's developments would suggest they have got the balance just right: even the firm's slogan, “Complement your Lifestyle”, acknowledges their focus not just on quality builds but also style and design. Located on the Nairobi-Mombasa duel highway, Sidai Village is Chigwell's second gated community, and demonstrates the same dedication to providing affordable designer homes as its predecessor. Chigwell's latest residential development, Phenom Park, is yet another gated
community located in the heart of Lang'ata. Just a ten-minute drive from the central business district, with classic views of the Nairobi National Park, the project comprises of urban ultramodern residential units, communal amenities and a commercial shopping area. The project targets the upper middle class segment, and as with all Chigwell developments, the units are stylish, spacious and contemporary, with natural light and airflow being integral to the design.
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comparatively cheaper than other suburbs in Nairobi such as Kileleshwa and Lavington. The prices will definitely shoot up after construction of the Southern Bypass, which will open up the area for more development, is finished.”
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Nirish Shah Executive Director Chigwell Holdings
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A solid future
Kenya's growing middle class is keen to invest in housing, and Chigwell's commitment to researching and understanding its market means the ďŹ rm is well positioned to meet this demand. The ďŹ rm has partnered with a consortium of investors and purchased a 400 acre parcel of land in Limuru, a fast growing area in Kenya. The development will feature mixed projects – both Residential & Commercial, and will adopt a selfsustaining concept. Also in planning is Phenom Square, an exciting commercial business park that will be launched soon. 9
Chigwell is also looking to diversify in coming years, and has already expressed an interest in commercial developments in the hospitality industry. Thanks to a passion for identifying the needs of its clients, and a dedication to quality and design, the outlook for Chigwell Holdings looks nothing but positive.
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Contact Details Contact our office in South Africa Physical Address Maksons Plaza, 4th Floor Parklands Rd, Westlands (Next to Victoria Courts)
Postal Address: P.O Box 39542 - 00623, Nairobi Tel: +254 20 3752113 / 4 Cell: +254 700 000 802 / 708 346 303 Email: info@chigwell.co.ke sales@chigwell.co.ke
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