Land prices in Eldoret town are beyond the reach of most individuals.
Cons have been asking for up to Sh500,000 to negotiate high rates for property.
The firm is seeking to ease portfolio risk and exposure to the unpredictable stock exchange market.
Influx of cheap imports from Asia has undermined the profitability of local manufacturers.
Parking of trucks by the roadsides causes damage to the shoulders of the road.
Some developers are now turning to uncertified artisans thereby compromising standards.
Speculators normally sit on land without building anything, before selling it for a profit.
The country has been tipped to benefit greatly by tapping into Chinese building technology.
Rate capping has negatively impacted on growth of lending to the private sector.
Hiring of equipment is a viable option for builders seeking to cut costs.