High land prices push investors to low-end frontiers

Rising land prices in most Nairobi suburbs have pushed investors to middle and lower income areas. Experts in the property market say Nairobi City has been left to the super rich while middle income and lower income earners move to areas far away from the city.

The trend has also led to increase in land prices in emerging settlements such as Kitengela, Isinya, Machakos, Thika, Ruiru, Kiserian and Ngong. Others are Kikuyu, Kiambu town, Juja and Naivasha. They are now the new homes to most residents working in the city. Land in these areas ranges between Sh200,000 to Sh10 million per 50x100 feet plot.