Apartment prices decline for fourth consecutive quarter amid oversupply

Apartments

High rise apartment buildings in the outskirts of Nairobi City on November 12, 2025. The costs of flats have fallen in the last 13 quarters, save for the three months to March 2025 and the first and third quarters of 2024.

Photo credit: File | Nation Media Group

Apartment prices in Kenya have fallen for the fourth quarter in a row amid an oversupply of flats as the cost of maisonettes, bungalows and villas surged 8.5 percent in the year to March

Latest Kenya National Bureau of Statistics (KNBS) data show the cost of apartments fell 3 percent in the year to March.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.