Land prices in satellite towns, suburbs ease in Q3 - Capital Business
Connect with us

Hi, what are you looking for?

The private sector has constructed 15,000 units per year, focussing on upper-middle-class income at 48 percent and high income at 35 percent with only 2 percent segmented for the lower income. Photo/XINHUA

Top Story

Land prices in satellite towns, suburbs ease in Q3

NAIROBI, Kenya, Oct 24 – Land prices in satellite towns such as Kitengela and Kiserian, as well as in key Nairobi suburbs, slowed in the third quarter of 2025, weighed down by reduced self-building amid tough economic conditions.

According to the HassConsult Land and Property Price Index for July to September, land prices in 14 satellite towns around Nairobi rose marginally by 0.84 percent, bringing annual growth to 6.6 percent.

“Many of these satellite areas, such as Kiserian, Kitengela, and Athi River, have traditionally attracted middle-class buyers building family homes in stages as incomes allowed,” said Sakina Hassanali, Co-CEO and Creative Director at HassConsult.

Similarly, land prices across 18 Nairobi suburbs increased by 1.22 percent in the quarter and by 6.27 percent over the past year — a slower pace than earlier periods but supported by continued development in select areas.

Spring Valley recorded the strongest growth as developers sought large single-home plots to redevelop into multi-use properties, reflecting the suburb’s shift from exclusive residential homes to mixed-use developments.

Conversely, high-end suburbs such as Muthaiga, limited by planning restrictions and poor public transport access, saw land prices decline 0.2 percent in Q3, pushing annual growth into a 0.1 percent drop.

The report shows that an acre of land in satellite towns averaged Sh32.3 million, compared to Sh223.9 million in Nairobi suburbs. Prices per acre stood at Sh21.4 million in Athi River, Sh25.5 million in Juja, Sh48.7 million in Kiambu, and Sh18.7 million in Kitengela. In contrast, land in Upper Hill averaged Sh554.6 million, Westlands Sh504 million, and Spring Valley Sh257.4 million.

Visited 248 times, 1 visit(s) today

More on Capital Business

Kenya

Data released by the Kenya National Chamber of Commerce and Industry shows diesel in Uganda retails at about Sh174.37 per litre, nearly 28 percent...

Kenya

In a statement, a group representing boda boda riders, matatu operators and tour operators also announced plans for a nationwide strike on Monday to...

Kenya

The Ministry of Energy and Petroleum said Kenya remains vulnerable to external shocks as a net importer of petroleum products, with international crude prices,...

World

The subsidy will be paid directly to producers and importers through the National Agency for Petroleum, Natural Gas and Biofuels, and will be capped...

Kenya

The report covering 12 coastal towns from Lamu to Diani shows that Diani recorded the highest growth, with land prices rising by 79.1 percent...

World

International oil benchmark Brent rose by 4.1% to $105.50 a barrel, while US-traded crude increased by 4.4% to $99.80.

World

In mid-morning trade, global oil benchmark Brent was up by 1.5% at $101.60 (£74.50) a barrel, as it eased back from a gain of...

Africa

According to EWURA, effective Wednesday, the retail price of petrol in Dar es Salaam has risen to 4,115 Tanzanian shillings (about 1.56 U.S. dollars)...