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Wednesday, January 29, 2020

Costliest and cheapest plots in Nairobi and its environs

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Cheapest Plots in Nairobi: A fresh price guide report by HassConsult Real Estate has come out to show which places have the costliest and cheapest plots in Nairobi and its satellite towns.

According to a report in the Business Daily, land prices in Nairobi’s satellite towns are as follows:

Average value (Sh-mn/Acre) Change from 2007 (Fold)
Ruaka 91 8
Kiambu 43 8
Mlolongo 27 6
Ruiru 26 11
Tigoni 24 10
Limuru 23 12
Syokimau 23 7
Ngong 21 7
Ongata Rongai 21 9
Thika 19 9
Juja 14 16
Athi River 13 10

 

According to a report in the Business Daily, the average value of land in Nairobi suburbs have gone from Sh. 30.3 M in 2007 to Sh. 193.1M in 2019.

I’ll build 17 houses per hour for Kenyans, says Uhuru

This means the land prices are 6.4 times higher than in 2007. Here is a table showing the costs of land in Nairobi suburbs as published by the daily.

Average value (Sh-mn/Acre) Change from 2007 (Fold)
Upperhill 546 9
Kilimani 433 6
Parklands 419 5
Westlanda 418 6
Kileleshwa 311 8
Eastleigh 302 6
Gigiri 239 7
Lavington 237 6
Muthaiga 179 7
Spring valley 168 4
Nyari 106
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