Land prices in several prime Nairobi suburbs, including Muthaiga, Kiambu, and Ngong, have dropped in the third quarter of 2025, according to Hass Consult’s quarterly Land Price Index report released on Tuesday, October 28.
The report revealed that Muthaiga and Ruaka experienced slight declines of 0.2 per cent and 0.1 per cent respectively, while Kiambu and Ngong recorded sharper drops of 1.9 per cent. Syokimau and Tigoni also saw minor dips of 0.2 per cent each.
Currently, an acre of land in Muthaiga averages Ksh234 million, while in Ruaka, it stands at Ksh111 million. In satellite towns, Ongata Rongai, Syokimau, and Tigoni recorded prices of Ksh28 million, Ksh39 million, and Ksh34 million per acre, respectively.
Despite the marginal declines in some estates, land prices in several Nairobi suburbs and satellite towns surged significantly. Gigiri, Kileleshwa, and Kilimani recorded growths of 2.1 per cent, 0.6 per cent, and 0.5 per cent, retailing at Ksh257 million, Ksh329 million, and Ksh422 million per acre, respectively.
Other areas showing price increases include Lang’ata (2.2%), Lavington (0.7%), Loresho (0.7%), Muthangari (0.7%), and Parklands (0.4%). In Upperhill, Westlands, Riverside, and Spring Valley, prices rose between 1.1 per cent and 3.6 per cent, with Upperhill leading at Ksh554 million per acre.
Nairobi’s satellite towns also posted impressive growth. Juja, Kiserian, Limuru, Mlolongo, and Thika recorded increases of 18 per cent, 2.8 per cent, 3 per cent, 3.4 per cent, and 0.3 per cent, respectively.
Sakina Hassanali, the Creative Director at Hass Consult, noted that strong developer demand continues to drive land price growth in satellite towns. “Many of these areas, such as Kiserian, Kitengela, and Athi River, attract middle-class buyers building family homes in stages,” she explained. However, Hassanali cautioned that tightening financial conditions are limiting the number of new entrants in the land market despite favorable prices in these areas.
