Nairobi's real estate market reveals significant disparities in land value across its suburbs, with Upper Hill leading the pack at an average of Sh545.8 million per acre.
This makes it a prime location for high-value commercial and residential development.
Westlands and Parklands follow closely, commanding Sh498.3 million and Sh463.6 million respectively, underscoring their desirability for both businesses and affluent residents.
The top five, including Kilimani and Muthaiga, consistently demonstrate robust property values, indicating sustained demand and potential for capital appreciation.
Even at the lower end of the top ten, areas like Gigiri still represent substantial investments at Sh252.2 million per acre.
The information highlights a notable trend: quarterly price growth in the suburbs has surpassed that of satellite towns for the first time in five years, suggesting a resurgence in inner-city property appeal and potentially higher returns for investors in these established areas.
