Land prices soar 20pc on Nairobi Expressway lift

An aerial photo taken during the official commissioning of the 27 km Nairobi Expressway by President Uhuru Kenyatta on July 31, 2022. PHOTO | PSCU

The opening of the Nairobi Expressway has seen land prices along the Mombasa Road commuter belt and its satellite towns grow at the fastest pace in the past six years, unlocking value for investors in Syokimau, Kitengela and Athi River.

HassConsult’s third quarter report also shows that house prices in Nairobi and its environs jumped by 10.3 percent in the year to September, reversing a painful trend witnessed in the past six years.

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