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Upper Hill most costly as Nairobi land prices rise 535pc
Hass Consult head of research and marketing Sakina Hassanali during the launch of the land price index at Hilton Hotel in Nairobi on January 29, 2015. PHOTO | SALATON NJAU |
Land prices in Nairobi have shot up five-fold over the past seven years with Upper Hill emerging the most expensive address in the city.
A report by HassConsult Real Estate reveals land prices have appreciated by 535 per cent with an acre that cost around Sh30 million then now going for Sh170 million.
