Hass Consult Land Index Q3 ’23


Land prices in satellite towns grow at almost 7 times the rate of land in Nairobi.

  • Land prices in Nairobi’s 18 suburbs grew by 0.4 percent over the quarter, the highest quarterly growth since the last
    quarter of 2019.

  • Langata, Gigiri and Ridgeways led the revival as Kileleshwa, Donholm and Riverside lagged on increased supply. 

  • Nairobi’s 14 satellite Towns displayed a quarterly growth of 2.7 percent on affordability, hopes for speculative gains and development of mid-tier investment assets in areas with fewer zoning restrictions.

  • Ongata Rongai was the top town in price growth at 8.2 percent in the quarter, while Ngong led the pack in annual price
    gains of 21.3 percent

  • Improved road infrastructure continues to be the driving force behind land price growth in the satellite towns.

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