This archive report was first published on 14 October 2019.
Land prices in Nairobi continue to rise due to increased demand, improved infrastructure, and availability of amenities. To capitalize on this trend, it's essential to invest in areas with growth potential. According to real estate reports, some of the most preferred areas to buy land in are located in the outskirts of Nairobi and nearby counties.
One of the most lucrative areas to buy land in is along Kangundo Road. Satellite towns such as Kamulu, Joska, and Malaa have seen significant growth due to increased demand and availability of resources. For instance, Fanaka Real Estate offers fully serviced 1/8-acre plots in Malaa for as little as Sh. 399,000.
Other areas with potential for growth include Thika, Kajiado, Mombasa Road, and Nakuru. Thika is ranked as one of the most preferred areas to buy land in, with an acre costing around Sh. 9 million. In Kajiado, Kitengela township offers affordable commercial and residential land, with 50100 plots selling for less than Sh. 500,000.
Published on October 14, 2019