This archive report was first published on 15 July 2020.
On July 15, 2020, Cytonn Investments released its latest list of prices for land in the Nairobi Metropolitan Area, showing a mixed bag of trends in the land sector.
According to the report, the overall slowdown in real estate investment during the year led to a decline in land prices in most areas of Nairobi. However, a notable exception was unserviced land in satellite towns such as Ruiru and Limuru, which registered a rise in prices.
Below is a breakdown of how prices of land have been rising per acre in the NMA since 2011:
Man Behind Banda Scandal
Interestingly, the report also linked a man who claimed to make Sh. 20m a month to the Banda scandal.
