Home GENERAL NEWS Most Expensive Places To Buy Land In Nairobi’s Satellite Towns In 2018

Most Expensive Places To Buy Land In Nairobi’s Satellite Towns In 2018

by John Nyabuto

According to Hass Consult, the recent prolonged electioneering period in Kenya revealed that land is no longer immune to political risk. In the past, land prices have been known to defy political risks and recorded high growth rates.

There were no reported cases of a land price drop in any area but the growth rate was rather slow, this was experienced in both Nairobi suburbs and the satellite towns and the slowest month being September last year (2017)

Generally, land prices recorded a positive return in the fall of 2017 and more positive returns from the start of 2018. Land in many of these satellite towns is rapidly on the rise considering the fact that many people are rushing to own a “piece” of the town because of good infrastructure, health standards, job creation and so on and so forth.

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Here is a look at the most expensive places to buy land in Nairobi’s satellite towns in 2018. 

 

SATELLITE TOWN

 

AVERAGE VALUE OF LAND PER ACRE

(Kshs)

 

Ruaka

 

83,100,000

 

Kiambu

 

43,900,000

 

Mlolongo

 

24,600,000

 

Ruiru

 

 

23,200,000

 

Tigoni

 

21,600,000

 

Syokimau

 

21,100,000

 

Limuru

 

20,500,000

 

Ngong

 

19,000,000

 

Ongata Rongai

 

18,900,000

 

Thika

 

18,000,000

 

 

 

 

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