Time flies with great content! Renew in to keep enjoying all our premium content.
Prime
Karen and Lang’ata lead Nairobi land price growth
HassConsult Limited Head of Development Consulting and Research Sakina Hassanali during the announcement of the results of the Hass Consult House and Land Price Index report for Quarter three 2019 at the Sarova Stanley Hotel on October 29, 2019.
Land prices in Karen and Langata grew at the fastest pace among Nairobi’s suburbs and satellite towns in the year to June after a change in policy allowed construction of high-rise buildings in sections of the estate.
HassConsult, a real estate firm that tracks rents and property prices, says the cost of an acre in Karen rose 10 percent to Sh79.5 million in the period to June while Langata recorded a 9.8 percent growth to Sh94.7 million.
