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Originally published by Nation Businessbusiness
August 6, 2026
12h ago
Estates in Nairobi where rent dropped
The drops stood out as most apartment locations continued to record rental growth...
✨ Key Highlights
Rents in several Nairobi estates, including Ruaka, Kitengela, Upper Hill, and Lang'ata, have seen a decline over the past year. This trend contrasts with the general growth in apartment rents across most locations, indicating a fragmented residential market.
- Ruaka experienced the steepest annual apartment rental fall at 2.7 percent.
- HassConsult data attributes the drop to a supply glut, reduced corporate demand, and pressure on household incomes.
- Factors like hybrid working, increased tenant choice, and rising household costs are impacting landlords' pricing power, while areas like Athi River show strong rental growth.
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