30 Percent of Divine Serenity Residences Sold Ahead of Official Launch

TLDR

• The developer says the launch offer, which includes a 15 percent discount on selected residences, will run until August 8, subject to availability.
• The 136-unit development, located along Haile Selassie Road in Masaki, has already sold 41 residences ahead of its official launch, representing more than 30 percent of the project.
• The developer of Divine Serenity, a $30 million (about Sh78 billion) residential project, says the pricing model is intended to give homebuyers and investors greater transparency while responding to the changing.
• Unlike many high-rise developments where apartments command higher prices based on floor level or sea views, Divine Serenity will initially offer 30 selected residences under a pricing structure that removes such.
• He noted that in some developments, apartments with identical layouts can attract premiums of up to 20 percent simply because they are located on higher floors or enjoy sea views.