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Originally published by Kenyanstop
August 4, 2026
1h ago
Report Reveals Nairobi Estates Where Land Prices Have Dropped
The report reflected a mixed land market where property values continue to vary depending on demand, infrastructure and development activity...
✨ Key Highlights
Land prices saw a decline in several key Nairobi suburbs including Gigiri and Muthaiga, as well as the satellite town of Ngong, during the second quarter of 2026.
- Muthangari experienced the steepest quarterly decline in Nairobi suburbs, with land prices falling by 2.1% to an average of Ksh378.4 million per acre.
- Ngong recorded the largest quarterly decline among satellite towns, with prices dropping by 2.5% to an average of Ksh34.8 million per acre.
- Despite these localized falls, average land prices across Nairobi suburbs and satellite towns increased by 1.4%, attributed to increased demand following the publication of the Nairobi City County Development Control Policy 2026.
- The report was released by HassConsult, a real estate firm.
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