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Property developers scramble for land away from congested Mombasa Island

A restaurant on Vipingo Ridge golf course. Analysts say investor flight will diminish the role of the congested island town in driving the region’s economy. Photo/LABAN WALLOGA

Shortage of land on Mombasa Island is turning off property developers and opening up opportunities for the investors in other regions of the Coast — a move market analysts say will diminish the role of the congested island town in driving the region’s economy.

The value of land in neighbouring Mtwapa and Kilifi has doubled in the past two years as both high and low end property developers scramble for land in the area. Most investors buy huge tracts of land which they subdivide into small plots for sale.

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