The Growth of Real Estate Around Nakuru Town In Kenya// Property Market Around Nakuru Town Kenya

The Growth of Real Estate Around Nakuru Town In Kenya// Property Market Around Nakuru Town Kenya

In 2011, UN Habitat listed Nakuru as one of the fastest-growing towns in East and Central Africa owing to its central location that has seen the Trans African Highway pass through it from Mombasa, extending to Uganda, Rwanda, Burundi and the Democratic Republic of Congo, giving it an edge as a business investment centre. The county government is racing against time for the town to regain its lost glory of being the cleanest town in East and Central Africa as was in the 70s.
Recently, Cytonn Investment released another report showing the land sector in Nakuru County having recorded an annualised capital appreciation of 8.8 per cent that can be attributed to an increase in demand for land in residential zones.
The county saw its land prices rise by an average 12.7 per cent in 2017, according to the County Land Price Report, 2018.

Loading...