NAIROBI, Kenya, April 29 – Land prices in Nairobi’s prime suburbs rose in the first quarter of 2026, even as demand for new developments slowed.
According to the HassConsult Land Price Index Q1 2026, areas such as Nyari, Lang’ata, Karen and Kileleshwa recorded modest gains.
An acre in Nyari rose by 3.1 percent to Sh125 million, Lang’ata increased by 2.4 percent to Sh90.9 million, while Kileleshwa saw a 1.6 percent rise to Sh336.2 million. Karen posted a 1.3 percent increase to Sh77 million.
Other high-end suburbs including Riverside and Runda recorded 1.5 percent growth each, while Kilimani and Spring Valley rose by 1.4 percent and 1.1 percent respectively.
Overall, land prices in Nairobi’s suburbs grew by 0.8 percent in Q1, though this was slower compared to a 5 percent increase recorded over the past year.
However, not all areas recorded gains. Prices declined in Muthangari by 2.8 percent, Loresho by 2 percent and Kitisuru by 1.5 percent.
HassConsult Co-CEO Sakina Hassanali attributed the slowdown in demand to regulatory and economic pressures.
“Demand for land parcels for new suburban projects eased during the period, as developers continued to face uncertainty around planning approvals at county level,” she said.
In satellite towns, Thika recorded the highest quarterly increase at 2.8 percent, followed by Juja (1.2 percent), Ongata Rongai (0.9 percent) and Kitengela (0.8 percent).
Meanwhile, land prices declined in Athi River by 2.5 percent, Ngong by 1.7 percent and Syokimau by 0.7 percent.
Hassanali noted that earlier gains driven by infrastructure development have largely been priced in, with tighter economic conditions reducing affordability for buyers and slowing market activity.
