Nairobi Metropolitan Area Land Report 2017

Nairobi Metropolitan Area Land Report 2017

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Summary

The land prices indicated a positive growth rate across all areas Nairobi metropolitan.In the report we have covered factors driving and challenges in the land sector, current trends, performance over 5-years between 2011 and 2016 and land price index. The land price used for the purpose of this report are asking prices. Note that, asking price can be up to 30% above transaction prices.Land has witnessed new trends over the last five years such as increased speculation, land banking, and value addition through agri-business.We however expect stagnation in prices due to the elections that will pose a political environment challenge with investors adopting a wait and see approach.

Source: Cytonn Investments

Published: 2017

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