Land prices in some of Nairobi’s most upmarket neighbourhoods continued to rise in the last three months of 2025, driven by strong demand from wealthy buyers, a new report shows.
According to the HassConsult Land Index, the price of an acre of land in Karen rose by 3 percent, Runda by 2.9 percent, and Riverside by 2.4 percent in the fourth quarter of 2025.
An acre of land in Karen now costs about Sh76 million, while Runda stands at Sh101.1 million. Riverside remains Nairobi’s most expensive area, with an acre selling at Sh369.2 million.
HassConsult Co-Chief Executive Sakina Hassanali said the growth reflects a strong rush by developers and buyers looking for prime locations.
“Land price growth in 2024 and 2025 has been the strongest Nairobi has seen in a decade, driven by demand for high-end areas,” she said.
However, not all neighbourhoods recorded gains. Muthangari saw land prices fall by 0.8 percent, while Westlands dropped by 0.3 percent in the same period. By the end of December, an acre in Muthangari was valued at Sh397.5 million, while Westlands stood at Sh502.7 million.
Overall, land prices across the 18 Nairobi suburbs monitored by HassConsult grew by 5.92 percent in 2025 and 1.32 percent in the fourth quarter, slightly lower than earlier periods but still at historic highs.
In Nairobi’s satellite towns, Ruiru recorded the highest growth, with land prices rising by 3.4 percent to Sh39.4 million per acre. Juja followed with a 3 percent increase to Sh26.3 million per acre.
ALSO READ: Uchumi House in Nairobi CBD Put Up for Sale at Sh562.5 Million
Meanwhile, prices declined slightly in Athi River and Syokimau, falling by 0.4 percent and 0.2 percent, respectively.
The report notes that growth slowed toward the end of the year in towns that had earlier recorded sharp increases, including Juja, Limuru, and Kiserian. While these areas posted strong annual growth of over 12 percent, their gains in the final quarter were 3 percent or less.
HassConsult said Juja remained the strongest performer among them, while Kiserian recorded the slowest growth at the end of the year, with prices rising by just 1.3 percent between September and December.
About The Author
