C
Originally published by Capital Business
📰 Read Full Article
business
August 4, 2026
1w ago

Lang’ata, Karen lead Nairobi suburbs in Q2 land price growth

Lang’ata, Karen lead Nairobi suburbs in Q2 land price growth

An acre in Lang'ata rose 4.1 percent to Sh94.7 million, while Karen recorded a 3.2 percent increase to Sh79.5 million. Runda followed with a 2.9 percent rise to Sh105.6 million, while Nyari gained 2.5 percent to Sh128.2 million per acre...

✨ Key Highlights

Land prices in Nairobi's suburbs saw modest growth in Q2 2026, with Lang'ata and Karen leading the surge as buyers sought areas with lower acquisition costs.

  • Lang'ata recorded a 4.1 percent increase in land prices, reaching Sh94.7 million per acre, while Karen saw a 3.2 percent rise to Sh79.5 million.
  • The findings are from the latest HassConsult Land Price Index.
  • Sakina Hassanali, HassConsult Co-CEO, noted this is the strongest quarterly price growth for Karen and Lang'ata in a decade.

Continue Reading

Read the complete article from Capital Business

📰 Read Full Article

Part of the Day's Coverage

Land and Car Prices Rise While Oil Costs Decline - August 2026

The average car price in Kenya has surged by 72 percent in the last two years, reaching Sh1.37 million, making vehicle ownership significantly more costly for many, primarily due to new import cost calculations. Land prices in Nairobi's suburbs saw modest growth in Q2 2026, with Lang'ata and Karen leading the surge as buyers sought areas with lower acquisition costs. In contrast, oil prices dropped to a three-week low as senior US officials indicated progress in talks with Iran aimed at reopening the crucial Strait of Hormuz, potentially easing global supply disruptions.

3 stories in this topic
View Full Coverage
Advertisement
Advertisement