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Originally published by Nation Business
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business
July 10, 2026
9h ago

Apartment prices in Kenya continue to drop

Apartment prices in Kenya continue to drop

Soft prices follow an increase in the construction of apartments in recent years...

✨ Key Highlights

Apartment prices in Kenya have continued their decline for the fourth consecutive quarter, dropping by 3% in the year to March, as an oversupply of flats contrasts with rising demand for standalone homes.

  • Apartment prices have fallen for 13 out of the last 15 quarters.
  • The Kenya National Bureau of Statistics (KNBS) reported that the cost of maisonettes, bungalows, and villas rose by 8.5%.
  • In Nairobi, apartment prices in high-end estates fell by 4.8%, and by 3.3% in middle-income areas.

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