The property is expected to appeal to high net worth international buyers.
The factory has a capacity to produce 126,720 expanded polystyrene panels (EPS) panels a year.
Development comprises 81 residential houses, of which 20 were completed in phase one.
The planned gated development will be built in three phases.
This estate of 800 homes spans 115 acres next to Kisaju View Park Estate.
Sucasa is Suraya's first large scale foray into the lower income housing market.
The Kisaju View Park - 2 comprises three and four bedroom houses.
The Athi View Estate targets middle to high income earners in Nairobi.
The development spans 41 acres and will comprise 2,500 one-bedroom units.