As the country's real estate sector continues to take shape, land prices within Nairobi's suburbs and satellite towns have shown mixed movements, with seven estates recording a drop in prices.
According to Hass Consult's quarterly land price index report published on Tuesday, October 28, prices of land in Muthaiga, Kiambu, Ngong, Ruaka, Ongata Rongai, Syokimau and Tigoni dropped in the third quarter of 2025.
In Muthaiga and Ruaka, land prices dropped by 0.2 per cent, 0.1 per cent, respectively, while land prices in Ngong and Kiambu dropped by 1.9 per cent. Similarly, land prices in Syokimau and Tigoni dropped by 0.2 per cent.
The report showed that an acre of land in Muthaiga and Ruaka went for Ksh234 million and Ksh111 million, while an acre of land in Ongata Rongai, Syokimau and Tigoni went for Ksh28 million, Ksh39 million and Ksh34 million, respectively.
While land prices dropped marginally in the aforementioned estates, most towns within Nairobi's suburbs and satellite towns grew substantially in the third quarter of this year.
For instance, land prices in Gigiri, Kileleshwa and Kilimani grew by 2.1 per cent, 0.6 per cent and 0.5 per cent to retail at Ksh257 million, Ksh329 million and Ksh422 million, respectively.
A similar increase was witnessed in Lang'ata, Lavington, Loresho, Muthangari and Parklands, where land prices increased by 2.2 per cent, 0.7 per cent, 0.7 per cent and 0.4 per cent.
In Upperhill, Westlands, Riverside and Spring Valley, land prices recorded a hike of 1.6 per cent, 1.1 per cent, 1.7 per cent and 3.6 per cent to retail at Ksh554 million, Ksh504 million, Ksh360 million and Ksh305 million, respectively.
Land prices in Nairobi's satellite towns such as Juja, Kiserian, Limuru, Mlolongo and Thika also increased. According to the report, land prices in these areas increased by 18 per cent, 2.8 per cent, 3 per cent, 3.4 per cent and 0.3 per cent.
Sakina Hassanali, the Creative Director at Hass Consult, revealed that only areas with strong developer demand were reporting strong land price growth, with most of these places being within the satellite towns.
“Many of these satellite areas, such as Kiserian, Kitengela, and Athi River, have been prime locations for middle-class buyers to develop their own family homes in stages and as incomes allowed,” said Sakina.
She added that, “But tightening finances are reducing the flow of buyers able to get through the initial entry gate for self-building of a land purchase, despite the far lower and more advantageous prices in the satellite areas."
