The majority of middle-class Kenyans are choosing to settle in suburbs that are farther out from the city, according to trends in the housing market.
In Kenya, more and more middle-class people are changing the way they choose where to live. In the past, they usually liked areas like Kileleshwa and Lavington, but now things are different.
Hass Consult, a well-known real estate company in Nairobi, shared in their report for the first quarter of 2023 that Satellite towns are getting more popular. More people are choosing to live in these areas.
According to Hass Consult, almost all towns showed an increase in the cost of renting apartments. This suggests that more apartments are being occupied, especially by people who can afford to pay between Sh25,500 and Sh50,000 per month.
Below is a list of some of the preferred neighbourhoods by Kenyans;
- Machakos County
Places near Machakos Town, like Syokimau, Athi River, Joska Kangundo, and Mlolongo, have become more popular in the last 5 years.
As stated by Property254, a website for listing properties for sale and rent in Kenya, a piece of residential land measuring one-eighth of an acre is priced at Ksh 1 Million.
Syokimau has been growing a lot, especially with the building of gated communities and the selling of houses. According to Property254, the cost of a house in Syokimau is around Ksh 12 Million to Ksh 15 Million.
Check these plots in Machakos County
- Ruiru
For many middle-class Kenyans in Ruiru, the favored neighborhoods are Membley, Mugutha, Kimbo Matangi, and Kamakis along the Eastern Bypass.
In these areas, there have been big changes, with people building expensive mansions in different styles.
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The cost of land in these places usually varies. In Mugutha, it’s typically between Ksh 2.5 million to Ksh 3.5 million for an eighth of an acre. In Membley, it can go up to Ksh 5 million for the same size of land.
- Kitengela
Kitengela has been gaining popularity in the real estate scene for quite some time, and many Kenyans choose to live there despite its distance from the city.
In Kitengela, the cost of property usually ranges from Ksh 600,000 to Ksh 1.5 Million, and it depends on factors like how far it is from the main road.
Even though Kitengela has been a known residential choice for a while, it continues to be a rising star in the property market.
Check these plots/houses in Kitengela
- Naivasha
Over the past two years, there has been a growing interest in Naivasha, specifically in Nakuru County, especially for plots with views of the lake.
In Naivasha town, an eighth of an acre plot starts at Ksh 500,000, and the prices can go up to Ksh 2 Million for plots of the same size.
Many Kenyans are now buying land in Naivasha because of its beautiful views and its popularity as a destination for local tourism.
- Konza
Konza Technopolis, often referred to simply as Konza City, is located in southeastern Kenya.
In Konza, as mentioned on different real estate websites, the price for one-eighth of an acre is around Ksh 600,000 to Ksh 900,000.
People in Kenya are moving to this place because they hope to benefit from the planned technology city development in Kenya’s Vision 2030. The Konza Technopolis is expected to be a top-notch city, driven by a successful Information, Communications, and Technology (ICT) sector.
Check these plots in Konza city.
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