Plumeria Residency: 2, 3, 4 & 5 Bed Apartments on Ngong Road Near Junction Mall | From KES 10.7M

Plumeria Residency, Move-In Ready by December 2026, Steps from Junction Mall

Most off-plan developments in Nairobi ask you to wait two or three years before you hold a key. Plumeria Residency hands you one in months.

Completing December 2026, Plumeria is a residential development on Ngong Road near Junction Mall offering 2, 3, 4, and 5-bedroom apartments from KES 10.7M, including two 17th-floor penthouses that are among the most competitively priced in the city. While other buyers are locking capital into projects that won’t finish until 2028 or 2029, Plumeria buyers are months away from occupation, rental income, or resale at completed-product pricing.

That timing advantage is the headline. The location, the specifications, and the penthouse offering are the reasons the headline holds up.

Ngong Road and Junction Mall: The Location That Needs No Introduction

Ngong Road is Nairobi’s longest-running residential corridor — a road that has held its value and its tenant demand through every market cycle the city has experienced. The section near Junction Mall is the sweet spot: close enough to the CBD and Upper Hill for a manageable commute, walkable to one of Nairobi’s most comprehensive shopping and lifestyle destinations, and surrounded by the established infrastructure — schools, hospitals, restaurants, banks — that newer neighbourhoods spend a decade building.

Junction Mall provides the daily retail anchor: Carrefour for groceries, Java House for coffee, a cinema for weekends, banks for errands, and the full spectrum of shops and services that residents use weekly. Walking distance. Not driving distance. Walking distance.

Ngong Road itself connects directly to the CBD, Upper Hill, and Kilimani heading east, and to Karen, Ngong, and Rongai heading west. The Nairobi Expressway is accessible via multiple entry points. Riara Group of Schools, Nairobi Hospital, Kenyatta National Hospital, and Adams Arcade are all within the immediate catchment.

The tenant profile on this corridor is broad and stable: families who value the school proximity, professionals who commute to the CBD and Upper Hill, young professionals who want Junction Mall walkability, and the university-adjacent population from nearby institutions. This diversity of demand means Plumeria won’t depend on a single tenant segment — it draws from all of them.

The Apartments: Seven Configurations, Two Penthouses

Plumeria offers five standard apartment types and two penthouse configurations — a range that serves couples, families, and buyers at the top end of the market within a single development.

2-Bedroom Apartments — From KES 10,700,000

Type	Size	Bathroom Config	Starting Price (KES)
Type B	105 sqm	Master Ensuite	10,700,000
Type D	110 sqm	Master Ensuite	12,200,000
Type E	130 sqm	All Ensuite	14,200,000

Three 2-bedroom configurations — and the spread across them tells you exactly how to choose.

Type B (105 sqm, KES 10.7M) is the entry point. A well-proportioned 2-bedroom with master ensuite at the most accessible price in the development. For investors seeking the strongest yield percentage, this is the unit — lowest capital outlay, broad tenant appeal, and the master-ensuite specification that today’s rental market expects. For first-time buyers stepping into ownership near Junction Mall, KES 10.7M for 105 sqm is a price-to-size ratio that’s hard to beat on Ngong Road.

Type D (110 sqm, KES 12.2M) adds 5 sqm and a different layout orientation over the Type B — same master-ensuite specification with more generous proportions. The premium buys comfort: a wider living area, more storage, and the breathing room that makes a home feel settled rather than efficient.

Type E (130 sqm, KES 14.2M) is the premium 2-bedroom — all ensuite, meaning each bedroom has its own bathroom. At 130 sqm, this unit is larger than many Nairobi 3-bedrooms and configured for the couple or small family who wants space, privacy, and the all-ensuite standard without paying for a third bedroom they don’t need. The all-ensuite specification commands a meaningful rental premium — tenants choosing between a shared-bathroom apartment and an all-ensuite at a similar rent will always choose the ensuite.

3-Bedroom Apartments — From KES 13,700,000

Type	Size	Bathroom Config	Starting Price (KES)
Type C	130 sqm	2 Ensuite	13,700,000
Type A	167 sqm	All Ensuite	17,100,000

Two 3-bedroom configurations at opposite ends of the size and price spectrum.

Type C (130 sqm, KES 13.7M) is the value-oriented family home. Three bedrooms with two ensuite — the master and one additional bedroom each have their own bathroom, with a shared bathroom serving the third bedroom and guests. At KES 13.7M, this is one of the most competitively priced 3-bedrooms on the Ngong Road corridor — and at 130 sqm, it delivers the living space that a family of four or five needs without the premium of the larger Type A.

Type A (167 sqm, KES 17.1M) is the flagship apartment below the penthouses. Three bedrooms, all ensuite — every bedroom has its own bathroom. At 167 sqm, this is a home where the living room seats eight, the dining table serves six, the master bedroom is a genuine suite, and the additional bedrooms are rooms that children or guests actually want to spend time in. The all-ensuite configuration at this scale is what the premium end of the Ngong Road rental market demands — and what tenants paying KES 150,000+/month expect to find when they walk through the door.

Penthouses — 17th Floor

Type	Size	Bedrooms	Starting Price (KES)
4-Bedroom Penthouse	233 sqm	4	26,700,000
5-Bedroom Penthouse	248 sqm	5	27,100,000

Two penthouses occupying the 17th floor — the top of the building, with the panoramic views and the spatial drama that the word “penthouse” promises.

The 4-Bedroom Penthouse (233 sqm, KES 26.7M) offers the kind of floor area that most Nairobi apartments can only achieve by combining two units. 233 sqm across four bedrooms means every room is generously proportioned — a master suite with space for a sitting area, a living room that accommodates formal hosting, and the ceiling heights, light quality, and view angles that only the top floor of a building can provide.

The 5-Bedroom Penthouse (248 sqm, KES 27.1M) is the largest unit in the development — and at just KES 400,000 more than the 4-bedroom, it represents extraordinary value per square metre. Five bedrooms at 248 sqm accommodates a large family, a live-in office, a dedicated guest suite, and the flexibility to configure rooms for the way your household actually lives rather than the way a developer assumed you would.

At KES 26.7M–27.1M, these penthouses are priced significantly below comparable penthouses elsewhere in Nairobi. A 233 sqm penthouse in Westlands or Kilimani would command KES 35M–50M+. Plumeria’s 17th-floor penthouses deliver the space, the views, and the exclusivity at a price that makes penthouse living accessible to a broader buyer profile — and completing in December 2026 means the wait is measured in months, not years.

The Amenities

Plumeria’s amenity package covers wellness, recreation, family living, and the operational infrastructure that keeps a residential building functioning smoothly.

Heated Swimming Pool. A pool that works year-round — heated to ensure usability during Nairobi’s cooler mornings and evenings. The amenity that anchors weekend leisure and daily wellness routines.

Gym. A well-equipped fitness centre within the building — eliminating external gym memberships and the commute that comes with them.

BBQ Area. Outdoor grilling and entertaining space for weekend socialising — the amenity that builds community among residents and provides a hosting option beyond your apartment.

Circular Runway. A jogging and walking track within the compound — a dedicated circuit for residents who run, walk, or want their children to cycle safely without leaving the development. In a city where finding a safe, flat, traffic-free running loop requires driving to a park, having one inside your compound is a genuine daily-use amenity.

Kids’ Play Area. Safe, dedicated play space for younger residents — the amenity that families with children evaluate before they evaluate anything else.

Garden. Landscaped green space within the compound, providing the visual calm and outdoor access that a purely concrete development cannot offer.

Rooftop access from the 17th-floor penthouses provides the elevated outdoor experience — but the ground-level garden ensures every resident, regardless of floor, has access to greenery.

Building Infrastructure. Full backup generator ensuring uninterrupted power to apartments, lifts, and common areas. Borehole water supply for reliable access independent of county provision. High-speed lifts serving all floors. Ample parking for residents and visitors. The operational backbone that a building of this scale requires — all in place, all commissioning ahead of the December 2026 handover.

The Timing Advantage: December 2026

This is Plumeria’s most underappreciated asset.

For owner-occupiers: you move in this year. No three-year wait. No construction delays eating into your patience. No rent paid to a landlord while your own home sits as a concrete shell on a distant horizon. By January 2027, you’re living on Ngong Road near Junction Mall.

For investors: rental income begins immediately after handover — December 2026 or January 2027. While buyers in other developments are still making instalment payments on buildings that won’t finish until 2028 or 2029, your Plumeria unit is occupied, generating income, and appreciating at completed-product market rates.

For resale-minded buyers: you purchase at off-plan pricing today and sell at completed-product pricing in months. The spread between off-plan and completed pricing in quality Ngong Road developments is typically 15–25%. That appreciation is compressed into the remaining construction period rather than stretched over three years — meaning your annualised return on capital is significantly higher.

The December 2026 completion date changes the risk profile entirely. Construction risk — the primary concern with off-plan purchases — is nearly eliminated. The building is visibly progressing toward completion. The timeline is months, not years. And the transition from “off-plan purchase” to “key in hand” happens faster than most Nairobi rental leases.

The Investment Numbers

Ngong Road 2-bedrooms near Junction Mall rent for KES 70,000–110,000/month depending on size, ensuite configuration, and furnishing. 3-bedrooms command KES 110,000–160,000/month. The penthouses, furnished and positioned for the executive or diplomatic market, can command KES 250,000–350,000/month.

The penthouse yield stands out, KES 26.7M for a 233 sqm penthouse is priced well below the market for this product type, while the rental command of a penthouse on the 17th floor near Junction Mall is at the premium end. The gap between purchase price and rental value is where the yield lives.

Frequently Asked Questions

Where is Plumeria Residency located? On Ngong Road near Junction Mall — one of Nairobi’s most established residential and retail corridors, with walkable access to shopping, dining, schools, and hospitals.

When will the building be completed? December 2026. This is one of the nearest-to-completion off-plan developments currently available in Nairobi.

What unit types are available? Five apartment types (2 and 3-bedroom, from 105–167 sqm) and two penthouses (4-bed at 233 sqm and 5-bed at 248 sqm) on the 17th floor. Prices range from KES 10.7M to KES 27.1M.

Are the apartments ensuite? Configuration varies by type. Type E (2-bed) and Type A (3-bed) are all ensuite. Types B and D (2-bed) are master ensuite. Type C (3-bed) has 2 ensuite bedrooms. Full bathroom specifications are available in the floor plans.

What is the circular runway? A jogging and walking track within the compound — a dedicated, traffic-free loop for running, walking, or cycling. A practical daily-use amenity for fitness-oriented residents and families with young children.

Are the penthouses worth the investment? At KES 26.7M–27.1M, the Plumeria penthouses are priced significantly below comparable penthouses in Westlands or Kilimani (typically KES 35M–50M+). The 17th-floor position, the 233–248 sqm floor areas, and the panoramic views create a product that commands premium rents — with projected gross yields above 12%.

Can I still buy at off-plan pricing? Yes. Units are available at current off-plan pricing through to the December 2026 completion. Contact Block Real Estate for the latest availability and pricing.