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Originally published by The Standard Business
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January 15, 2026
5h ago

Construction costs rise 20pc on skyrocketing cement prices

Construction costs rise 20pc on skyrocketing cement prices

The stability of the shilling, while advantageous to the sector, has not been of much relief to cushion the increasing cost of construction...

✨ Key Highlights

Construction costs in Kenya have risen by 20 percent, largely due to escalating cement prices. This has pushed the cost of building a simple bungalow from Kshs 48,750 per square meter in 2023 to Kshs 54,730 in 2024.

  • The average cost of construction for a simple bungalow in Kenya increased by 12.27 percent in 2024.
  • The Kenya Bureau of Standards recently impounded tonnes of cement allegedly siphoned by cartels in Athi River.
  • The consistent increase in cement prices over the years is cited as a major factor in the rising construction costs.

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