The sedate suburb of Muthaiga is known as the Beverly Hills of Kenya’s capital city of Nairobi. The lushly landscaped residential resort-style neighborhood gets its moniker from the African greenheart ...
The planned construction of 30,000 new homes in Nairobi could significantly cut rents in the city’s middle- and low-end estates as well as cause a massive price correction in mid-level housing market, ...
Data from the Kenya Bureau of Statistics shows that more than 86.5% of Nairobians live in rented houses. This is a huge population that has the potential to buy affordable land and build homes around ...
The growth of house sale prices in Nairobi slowed down in the first quarter of the year as the high cost of credit hit demand from home buyers. Rental asking prices also expanded at a slower pace ...
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