Prime

Embakasi land up 115pc on bypass, Outer Ring roads

Property business is also expected to benefit from the repeal of the interest rate cap. FILE PHOTO | NMG

By  KEVIN ROTICH

Land prices in Embakasi shot up by 115.1 percent from 2011 to 2018, driven by the construction of the Eastern Bypass and Outer Ring Road, a new report shows.

Latest Cytonn Investment Nairobi Metropolitan Area Serviced Apartments report shows one acre in Embakasi rose to Sh71 million in 2018 from Sh33 million in 2011.

PAYE Tax Calculator

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

Get it First!

Stay up to date on the editors' picks of the week.

Latest

  1. PRIME China restrictions keep Sh45bn SGR fares idle

  2. PRIME PhD graduates decrease 17pc on funding crunch

  3. PRIME Record Sh99bn September bank loans signal strong private sector credit growth

  4. PRIME Investors bet on the next Kangundo Road property frontier

In the headlines

View All