REAL ESTATE NEWS
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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…
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Nearly 80 percent of Kenyans registered for the government’s affordable housing programme have not made the mandatory five percent deposit required to secure a unit.
As of May 2025, 816,780 people had signed up on the Boma Yangu portal, but only 163,598 had made any contributions, leaving 653,182…
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Many Kenyans face significant barriers to homeownership due to substantial upfront costs required before mortgage repayments can begin.
The Central Bank of Kenya’s 2024 Annual Supervision Report shows that the average mortgage interest rate is 14.9 percent, with typical loan terms of 11 years.…
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Zurich has topped the IMD Smart City Index for the seventh consecutive year, with Oslo, Geneva, London, and Copenhagen completing the top five, according to the 2026 report released on Tuesday by the IMD World Competitiveness Centre.
The IMD Smart City Index 2026, titled The Quest for Trust and…
