Chinese firm builds Sh5bn estate in Kilifi to house rich Kenyans

Sultan Palace Beach Resort
Howard Hu, China Jiangxi assistant project manager, at Sultan Palace on Dec 11, 2017. (Courtesy)
China Jiangxi Construction Company has completed construction of the highly awaited Sultan Palace Beach Resort, a Sh5 billion residential complex in the Kikambala area of Kilifi County, which is set to host some of Kenya’s wealthiest characters and visiting billionaires.

Sultan Palace, which was previously scheduled for completion in December 2016, sits on a 43-acre beach-front in Kikambala – 25km from Mombasa and has been the target of a host of super-rich Kenyan investors seeking to acquire holiday homes.

The 200 housing units-complex comprises Sh80 million villas that face the Indian Ocean, Sh36 million standalone townhouses, as well as three-, two- and one-bedroomed apartments priced at between Sh10 million to Sh20 million respectively.

Sultan Palace will also feature a resident club, cafe, gourmet restaurant, beach bar, a health club, and a five star hotel that will be built on the remaining 23-acres of land.

“The houses provide rich tourists with a holiday home that is also an investment,” China Jiangxi assistant project manager Howard Hu said in a statement.

“We shall link the houses to the soon to be built hotel complex on the remaining 23-acre parcel of land.”

Sultan Palace was conceived by globally renowned Wimberley Allison Tong & Goo (WATG), with Nairobi-based Planning System Services as the project architects.

The development joins a host of other high-end properties in Kilifi including Bofa Beach Resort, Kilifi Bay Beach Resort, Kilifi Creek Villas, and Baobab Sea Lodge.

The projects are in line with the Kenya Vision 2030 whose flagship ventures include the establishment of resort cities in Kilifi, Diani, Lamu, Isiolo and Turkana, with the goal of optimising the tourism potential in these areas.