This archive report was first published on 12 August 2019.
As Nairobi's infrastructure continues to develop, satellite towns are emerging as attractive options for real estate investors seeking affordable land opportunities.
According to recent trends, the prices of an eighth of an acre in these towns vary depending on factors such as location, availability of social amenities, and proximity to the tarmac.
Infrastructure development, including the construction of bypasses and link roads, has significantly reduced congestion in these towns, making them more appealing to investors.
Here are five satellite towns near Nairobi that offer affordable land opportunities:
- Kamulu
Kamulu, located along Kangundo Road, is a satellite town in Nairobi County with access to various amenities, including hospitals, schools, and supermarkets. Land in Kamulu is affordable, with a high appreciation rate of over 20% annually.
Fanaka Real Estate Ltd offers 50×100 plots in Kamulu town near the tarmac at an affordable price of Ksh1.1 million. These plots are fully serviced, with ready title deeds and fitted with all social amenities.
- Kitengela
Kitengela, located in Kajiado County, is another satellite town with increased demand for land. The asking price for a plot of land in Kitengela located 3km from the tarmac costs approximately Ksh2.3 million.
- Malaa
Malaa, a fast-growing town located along Kangundo Road, 40km from Nairobi CBD, is experiencing a boost in real estate development. A 50×100 piece of land located 3km off tarmac goes for Ksh550,000 only.
- Ngong
Ngong, located in Kajiado County, is experiencing a high influx of real estate investors looking for residential land. A 50×100 plot in Ngong town located approximately 1km from tarmac costs approximately Ksh2.5 million.
- Juja
The growth and increased demand for land in Juja, a satellite town in Kiambu County, can be attributed to the construction of the Thika superhighway and its proximity to Nairobi County. A 50×100 plot located about 8 km from the Thika superhighway in Juja town could cost just above Ksh1 million.
Gladys Situma is the Head of Digital Department at Fanaka Real Estate Ltd. Email: [insert email]
