NAIROBI, Kenya – Land prices in Ruaka have recorded a slight decline in the third quarter of 2025, even as other Nairobi suburbs and satellite towns posted significant increases, according to new market data from Hass Consult.
The Hass Land Price Index released on Tuesday shows the price of an acre in Ruaka eased by 0.1 per cent to Sh111 million, signalling cooling demand in one of the city’s fastest-growing real estate zones.
Muthaiga also saw a 0.2 per cent drop to Sh234 million per acre, while Kiambu and Ngong posted sharper declines of 1.9 per cent.
Other suburbs that recorded slight declines include Syokimau and Tigoni, where land prices fell by 0.2 per cent.
Despite these soft spots, land prices in many Nairobi neighbourhoods continued to rally.
Gigiri, Kileleshwa and Kilimani saw increases of between 0.5 and 2.1 per cent, with an acre now retailing at KSh257 million, KSh329 million, and KSh422 million respectively.
Spring Valley posted the strongest rise among high-end suburbs, climbing 3.6 per cent to KSh305 million per acre.
Land values in Nairobi’s satellite towns also rose sharply, driven by ongoing demand for plots suitable for phased family home development.
Juja led with an 18 per cent surge, while Kiserian, Limuru and Mlolongo saw increases of between 2.8 and 3.4 per cent.
Hass Consult Creative Director Sakina Hassanali said the strongest price growth is being recorded in areas where developers are actively building or expanding residential estates.
“Many of these satellite areas have been prime locations for middle-class buyers to develop their own family homes in stages,” she said. “But tightening finances are reducing the number of buyers able to get through the initial entry gate, despite the lower land prices.”
The report suggests that while demand in premium nodes like Ruaka remains intact, rising construction and financing costs are influencing buyer decisions, leading to uneven land price movements across the metropolitan region.
