REAL ESTATE NEWS
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Apartment prices across several Nairobi suburbs have declined over the past year, with Westlands and Upper Hill recording the steepest drops at 7.9 percent and 6.8 percent respectively, according to the latest HassConsult housing index.
The data shows that 10 of the 18 suburbs and satellite towns…
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The Soweto East Zone B Affordable Housing Project in Kibera is more than 80 per cent complete and will deliver 4,465 housing units and key social amenities at a cost of Sh7.4 billion.
The project, led by the State Department for Housing and Urban Development, is intended to improve living…
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ILAM Fahari Real Estate Investment Trust (Reit) plans to redevelop Greenspan Mall in Donholm into a mixed-use complex by adding residential units to its existing retail and office spaces.
The project marks a shift in strategy for the trust, which has mainly focused on acquiring completed assets in…
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Nairobi MCAs have called for an investigation into delays affecting a housing project in Ngara, where buyers are yet to receive units years after construction began.
The Nairobi City County Assembly is responding to growing concern over the stalled multimillion-shilling development, which has left…
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Artificial intelligence is increasingly being used by Kenyan property buyers to assess land prices and identify investment options, though it remains limited to advisory roles rather than actual transactions.
AI tools are helping to reshape how buyers approach real estate decisions by offering…
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Molo is recording steady growth, with rising land prices, increased business activity and a growing population reshaping its economic outlook.
Land values highlight the pace of change. In 2015, an eighth-acre plot cost about Sh350,000. Similar parcels now sell for between Sh2 million and Sh2.5…
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The County Government of Uasin Gishu has announced a full waiver on penalties and interest for unpaid land rates, provided property owners settle the principal amounts by 30 April.
Governor Jonathan Bii Chelilim confirmed the measure in a public notice issued on Monday, 20 April. The waiver applies…
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The High Court of Kenya in Kiambu County has ordered the immediate suspension of a housing project in Githunguri, directing that all construction works on the disputed land stop.
In a ruling delivered by Justice Bahati Mwamuye, the court instructed the contractor to vacate the 58-acre site and…
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Nairobi Governor Johnson Sakaja has warned that buildings constructed on riparian land will be demolished, including those in high-end estates.
Speaking after leading a multi-agency team from the Nairobi Rivers Commission, Sakaja said a section of the State House perimeter wall had been marked for…
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Elmun Nature Escapes, a 15-acre development in Kajiado owned by entrepreneur Andrew Muriungi, combines pre-engineered housing with environmentally conscious design to create a self-sustaining real estate model.
Located a short drive from Nairobi, the site has been transformed from bare land into a…
