REAL ESTATE NEWS

Nairobi's land market demonstrated renewed vigour in the first quarter of 2025, according to a recent HassConsult survey released on April 29. The survey revealed a diversified growth pattern across the county, with satellite towns emerging as key drivers of this resurgence amid evolving buyer…

Nairobi's aspirations of becoming a leading smart city in Africa have suffered a setback, according to the latest Smart City Index 2025, published by the IMD's World Competitiveness Centre. The Kenyan capital has fallen to a disappointing 136th position out of 146 cities surveyed globally, a…

Nairobi Governor Johnson Sakaja has issued a stern warning to landowners within the county who are delinquent in their property tax payments.The county government has set an April 30 deadline after which the county will begin enforcing stringent measures, including property auctions and…

Kenya's residential property market is experiencing unprecedented growth, driven by increasing demand from local buyers, expatriates, and international investors. This surge is expected to be a central topic at the 2025 East Africa Property Investment (EAPI) Summit, scheduled for May 7-8 in…

The Kenyan government is on the cusp of significantly reducing electricity connection costs for households and businesses nationwide, following the National Assembly's approval of the Excise Duty (Amendment) Bill, 2025. This legislation eliminates the 25 percent excise duty previously imposed…

The Kenyan government's pursuit of an ambitious Sh86 billion increase in rental income tax revenue is facing significant headwinds, primarily stemming from a lack of comprehensive data on landlords and rental properties nationwide. While the recently launched Electronic Rental Income Tax…

Nairobi's rapid urbanization and growing youth population have fueled a surge in demand for affordable housing, prompting a shift in the city's real estate landscape. While developers and investors are increasingly focused on budget-friendly living spaces, concerns are mounting over…

Kenya's real estate sector is facing a critical juncture as climate change intensifies, demanding a rapid shift toward sustainable practices to safeguard investments and communities. The urgency stems from Kenya's vulnerability to climate-related disasters, including devastating floods and…

In response to growing concerns over building safety, the Mombasa County Government has announced a stringent enforcement of construction regulations, effective immediately. The county is warning property developers that failure to comply with approved building conditions could result in the…

Kenya's construction industry is undergoing a significant transformation following the enforcement of the National Building Code 2024 in March, replacing the outdated 1968 regulations. The updated code introduces rigorous standards designed to modernize building practices and align the sector…