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Nairobi land prices take up 60pc of construction cost
Land prices in Nairobi’s surrounding counties of Juja, Kiserian, Syokimau, Tigoni, and Ruiru recorded the highest jump among suburbs last year. PHOTO | ARTIST IMPRESSION
Land prices in Nairobi constitute up to 60 percent of the total cost of a housing unit in a move that looks set to derail efforts by the state to speed up the development of affordable housing units, Shelter Afrique has said.
The housing financier said on Monday that the Kenyan government should address the high cost of land and building material, which they said, would worsen the provision of affordable housing in the country.