BEST LAND PRICES AROUND NAIROBI, KENYA.PRICE KES 600,000 to KES 700,000 PER ACRE.KES 80,000 per 1/8th

BEST LAND PRICES AROUND NAIROBI, KENYA.PRICE KES 600,000 to KES 700,000 PER ACRE. KES 80,000 per 1/8th

Currently the best land value around Nairobi is to be found in the area between Mombasa road on one side, Kangundo road ,Eastern Bypass on the other and Kangundo-Machakos road on the end.
In this area is where the Greater Eastern Bypass is currently being constructed.

PREVIOUS BEST LAND PRICES

In the last two years[2008-2010], the best and value was to be found along the current Eastern Bypass between Mombasa Road and Thika road passing through Njiru. Land price was around KES 150,000 to KES 200,000 per acre when there was no all-weather road. When the road construction began, the price rose steadily. Now that the road construction is complete, land price next to the Bypass is around KES 8 to 10 million. This price keeps rising on the daily as demand creeps in.

CARDINAL RULE IN BUYING LAND

People who saw the light earlier on and bought while the land price was KES 150,000 are now laughing all the way to the bank.
The cardinal rule in investing in land is simple: Research on whether there are plans by the Government to put in infrastructure, buy when there is no infrastructure and sell when infrastructure is in place.
A kilometer of tarmac road costs around KES 50,000,000 to put up. This means that its only the Government that can afford to put up tarmac roads therefore, land value will appreciate along the tarmac road as opposed to off the tarmac road.
This is why an acre of land in Kitengela next to the tarmac at KES 30,000,000 is more expensive than an acre of land closer to Nairobi-Syokimau, 2 km off the tarmac going for KES 10,000,000.
Areas such as Ongata Rongai and Kitengela were once good buys 10 years ago when there was no infrastructure. Currently, an acre of land in Rongai less than 1km from the tarmac costs around KES 20,000,000 and that is if you are lucky to find it.
People who bought this land 10 years ago got the best deal.

TAKE ADVANTAGE NOW

The Greater Eastern Bypass is currently being constructed.
Plots around this area which is easily accessible to Nairobi CBD [approximately 40 to 60 km from Nairobi [ CBD] currently cost between KES 600,000 to KES 700,000 per acre and KES 80,000 per 1/8th.

Once the Bypass construction is through, the plots will definitely shoot up to KES 8 to 10 million per acre just like the ones along the now-complete Eastern bypass.

Currently, we have several 1 acre parcels along the Greater Eastern bypass for sale for between KES 600,000 to KES 700,000 per acre and KES 80,000 per 1/8th acre plot.Offers to buy are invited.
Call +254 721 410684 to arrange for viewing and purchase.
Francis Gichuhi
Architect.
info@a4architect.com
+254721410684

Francis Gichuhi (692 Posts)

Architect Francis Gichuhi . B.Arch. University of Nairobi. Registered Architect, Kenya. Member, Architectural Association of Kenya. Contacts. email info@a4architect.com. Telephone +254721410684


Share

  4 comments for “BEST LAND PRICES AROUND NAIROBI, KENYA.PRICE KES 600,000 to KES 700,000 PER ACRE.KES 80,000 per 1/8th

  1. datungu
    June 3, 2011 at 12:11 am

    that sounds like a sound advice

  2. JOHN
    August 7, 2014 at 3:24 pm

    Thank you very much for this vital information for us Kenyans.
    Kindly advise me how much would it cost a 1/4 acre along Bypass i.e. JOSKA 2KMs from tarmac please.

  3. Leila Akinyi
    August 30, 2016 at 7:57 am

    Wow!!!! I’m going to work very hard to buy that acre!!!! Thank you for this information.

  4. Mary Nzakye
    August 12, 2017 at 1:44 pm

    Wow those are just the places I need…. How much can 3 acres cost… In a strategic place just perfect for a flat for rent

Leave a Reply

Your email address will not be published. Required fields are marked *