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William Kabogo’s Runda houses selling for sh 44 million

admin January 5, 2022
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William Kabogo is the former governor of Kiambu County who served between 2013 and 2017 under the Jubilee Party ticket.

The 60 year old is a renowned businessman and is currently investing heavily in the real estate sector.

He recently took to twitter to celebrate his new milestone by posting pictures of his nearly complete project with the caption – “It’s been a long journey but we are getting there. God is great.”

Inside The Stately Houses William Kabogo Is Selling For Sh44 Million
Image/Iguta Paradise Homes

Iguta Paradise Homes

The former governor is the man behind the million-dollar Iguta Paradise Homes situated in the leafy suburbs of Runda along Kiambu road. The investment which started in 2018 consists of 60 units of 4 bedroom houses with each unit sitting in a 1/8 acre piece of land.

Each villa boasts of an en-suite bedrooms, master bedroom with a walk-in closet, private balcony, 3 parking spaces, a fully equipped private gym, home office, solar water heating, steam rooms with Jacuzzi and sauna, a video door phone with intercom linked to gatehouse, provision of panic button, alarm sensors in all bedrooms and a main entrance lobby space.

Other amenities include indoor entertainment, a party area with an outdoor barbeque area, two outdoor swimming pools, landscaped green spaces and jogging/walking tracks.

Inside The Stately Houses William Kabogo Is Selling For Sh44 Million
Image/Iguta Paradise Homes

Cost Of The Units

According to the Iguta homes website, the homes are going for between Sh40 million and 44 million. This means with full occupancy, the project will rake in Kabogo’s pockets over 2.5 billion shillings.

In March 2021, Kabogo invited his long term buddy President Uhuru Kenyatta for a tour of the million-dollar project located near Evergreen Park and Paradise Lost. The tour of the president to the project raised speculations in the internet but an insider of the president came out to clarify that it was just a friendly meeting.

“They have been friends for a very long time and sometimes friends meet to talk about all manner of stuff. There is no official report because sometimes Kenyans must accept the fact that the president also has friends, who he can consult,” the insider said.

Inside The Stately Houses William Kabogo Is Selling For Sh44 Million
Image/Iguta Paradise Home

Booming Business

In a recent interview with one of the dailies, Kabogo revealed that the business of building and selling affordable houses was booming and on its peak in Kenya.

He compared the investment to the used car importation business in the early 1980s and 1990s which he claimed to have participated in when he was still based in the coastal city of Mombasa.

He said that he would import over 40 used cars from Japan every month, a business that made him join the millionaire club at an early age.

333 thoughts on “William Kabogo’s Runda houses selling for sh 44 million”

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