The infamous Kilimani suburb continues to cool as investors go slow on the area due to uncertainty on whether the present infrastructure will support the new wave of developments the area is now attracting, thus weakening its appeal. This is according to the Hass Land...
Various multinationals as well as established Kenyan corporations are headquartered in the suburb
The strongest recovery came in apartment rental prices, which have suffered almost a decade of lack-lustre growth, driven by intensive building throughout Nairobi and its suburbs
Centre for Affordable Housing Finance in Africa points to the government efforts in increasing supply of new houses targeted at low-class population
The increased growth of MICE tourism is trickling down to the apartment, detached and semi-detached housing market as some visitors opt to stay in serviced apartments or houses that are in close vicinity to conference venues