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Real Estate

Hits and Misses in Ruto's Affordable Housing Projects
Real Estate

Hits and Misses in Ruto's Affordable Housing Projects

President William Ruto's ambitious affordable housing program is experiencing uneven progress across Kenya. This has fueled scepticism among citizens about its potential to deliver affordable homeownership. While some…

Feb 21, 2025
Nairobi Proposes 75-Floor Building Height Limit in Major Urban Planning Shift
Real Estate

Nairobi Proposes 75-Floor Building Height Limit in Major Urban Planning Shift

A draft policy currently under public review by the Nairobi County government proposes significant alterations to building height regulations across the city, potentially paving the way for a dramatic reshaping of the…

Feb 20, 2025
No Home Guarantee Under Housing Levy, Says Kenya's CS Wahome
Real Estate

No Home Guarantee Under Housing Levy, Says Kenya's CS Wahome

Lands Cabinet Secretary Alice Wahome has sparked a significant backlash among Kenyans following her recent remarks regarding the affordable housing programme's housing levy. During an appearance on NTV's "Fixing the N…

Feb 19, 2025
Government Unveils Strict Regulations for Kenya's Sand Industry
Real Estate

Government Unveils Strict Regulations for Kenya's Sand Industry

Kenya's sand industry is undergoing significant change following the introduction of the Sand Harvesting Regulations, 2024, announced by Environment Cabinet Secretary Aden Duale on February 18. This regulatory framewo…

Feb 18, 2025
CS Wahome Reveals Property Ownership Structure for Affordable Housing
Real Estate

CS Wahome Reveals Property Ownership Structure for Affordable Housing

The government has confirmed that forthcoming affordable housing projects will include sectional property title deeds as proof of ownership. This decision, announced during a briefing by Lands, Public Works, Housing…

Feb 17, 2025
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Kileleshwa, Kilimani Lead Nairobi's Resilient Luxury Housing Market Despite Sector Slump
Real Estate

Kileleshwa, Kilimani Lead Nairobi's Resilient Luxury Housing Market Despite Sector Slump

Nairobi's uptown neighbourhoods have maintained their status as some of the most expensive areas for housing, even as the broader real estate market grapples with significant declines, according to the latest Kenya Ba…

Feb 16, 2025
Mini-Malls Surge in Nairobi as Gen Z Drive Retail Growth
Real Estate

Mini-Malls Surge in Nairobi as Gen Z Drive Retail Growth

Nairobi, Kenya's vibrant capital, is witnessing a notable rise in the development of mini-malls, driven by the increasing demand for accessible shopping experiences tailored to younger consumers. According to the Knig…

Feb 14, 2025
Nairobi's Historic Estates: From Fame to Forgotten Slums
Real Estate

Nairobi's Historic Estates: From Fame to Forgotten Slums

Once a prestigious neighbourhood along Jogoo Road, Kaloleni estate has seen a drastic decline over recent decades. The area, which was once home to notable figures such as independence hero Tom Mboya, first Vice Presi…

Feb 14, 2025
NCA Kenya: Landlords Must Evacuate Tenants Before Adding Floors
Real Estate

NCA Kenya: Landlords Must Evacuate Tenants Before Adding Floors

The National Construction Authority (NCA) of Kenya has issued a strong warning to property developers regarding unauthorized building extensions. During an address on NTV, Executive Director Maurice Akech affirmed the…

Feb 12, 2025
Kenya's Push for World-Class Engineering Status Gains Ground
Real Estate

Kenya's Push for World-Class Engineering Status Gains Ground

Kenya is making huge strides towards achieving provisional signatory status under the Washington Accord, a development that could transform the nation's engineering education landscape. Success in this endeavour would…

Feb 10, 2025
Kenya's Prime Office Market Faces Oversupply as Major Projects Complete
Real Estate

Kenya's Prime Office Market Faces Oversupply as Major Projects Complete

Kenya’s prime office occupancy rate has experienced a significant decline, falling from 77.2 percent in the first half of 2024 to 72.7 percent in the latter half. This is as highlighted in the latest report by Knight…

Feb 9, 2025
Nairobi Land Court Freezes Kileleshwa High-Rise Projects, Mandates 16-Floor Maximum
Real Estate

Nairobi Land Court Freezes Kileleshwa High-Rise Projects, Mandates 16-Floor Maximum

The Nairobi Environment and Land Court has imposed a 16-floor maximum height limit on high-rise developments in Kileleshwa and adjacent areas, effectively nullifying many previously granted permits for taller structur…

Feb 8, 2025
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Kenya Real Estate Workers See 22% Income Growth as Other Sectors Decline
Real Estate

Kenya Real Estate Workers See 22% Income Growth as Other Sectors Decline

The ILAM Consumer Spending Index for the last quarter of 2024 indicates a notable income boost for employees in the real estate sector, even as the economy grapples with stagnation and falling incomes across various i…

Feb 7, 2025
Kenyan Property Investors Urged to Prioritize Flood Risk in Due Diligence
Real Estate

Kenyan Property Investors Urged to Prioritize Flood Risk in Due Diligence

Flood risk in real estate refers to the potential for flooding to affect a property's physical condition, usability, insurability, and overall market value. Diligent investors typically conduct a range of assessments…

Feb 4, 2025
Why ‘Mjengo’ Workers Risk Permanent Disability in Kenya's Construction Sites
Real Estate

Why ‘Mjengo’ Workers Risk Permanent Disability in Kenya's Construction Sites

A recent collaborative study conducted by the African Population and Health Research Centre and Drexel University has revealed alarming trends in spinal cord injuries (SCI) among labourers in Kenya's rapidly expanding…

Feb 3, 2025
Kiserian Real Estate Boom: Developer Invests in 40-Acre Affordable Housing Venture
Real Estate

Kiserian Real Estate Boom: Developer Invests in 40-Acre Affordable Housing Venture

Dr. Chrispus Wachira's ambitious real estate venture in Kajiado is reshaping the local housing landscape. Invested in over 40 acres in Kiserian, 17 kilometres from town and 48 kilometres from Nairobi, Dr Wachira is se…

Jan 30, 2025
Kenya's Real Estate Growth Drives Investment Away from Major Cities
Real Estate

Kenya's Real Estate Growth Drives Investment Away from Major Cities

Recent data from the Kenya National Bureau of Statistics (KNBS) indicates that the real estate sector in Kenya has made a remarkable contribution to the national economy, with a 33.7 percent increase in its GDP contri…

Jan 27, 2025
Why Land Acquisition Has Become Less Attractive for Kenyans
Real Estate

Why Land Acquisition Has Become Less Attractive for Kenyans

Economic challenges are significantly impacting Kenya's property market, particularly in satellite towns surrounding Nairobi, as indicated by the latest Hass Land Price Index for the fourth quarter of 2024. The report…

Jan 26, 2025
Nairobi Property Prices Surge 5.2% in 2024, Driven by Detached Home Demand
Real Estate

Nairobi Property Prices Surge 5.2% in 2024, Driven by Detached Home Demand

Property prices in Nairobi and its surrounding areas experienced a notable increase of 5.2 percent in 2024, a significant rise from the 2.5 percent growth recorded the previous year. This acceleration in market activi…

Jan 24, 2025
77.1% of Kenyan Rentals are Flats and Apartments
Real Estate

77.1% of Kenyan Rentals are Flats and Apartments

A new study by the Kenya National Bureau of Statistics (KNBS), as part of the Kenya Housing Survey 2023-2024, reveals that flats and apartments constitute a staggering 77.1% of rental properties across Kenya. Conducte…

Jan 23, 2025
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