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139 articles in Real Estate News · page 3 of 12
Kenya’s Building Boom: Strong Demand, Credit Growth, and Rising Real Estate Markets
Kenya’s Construction Sector Surges 5.7% in Q2 2025, Driven by Strong Demand and Credit Growth Construction sector activities in Kenya displayed significant growth in the second quarter of 2025, expanding by 5.7 percent compared to a 3.7 percent contraction in the same period the previous year, according to the latest data from the Kenya National Bureau of Statistics (KNBS). This resurgence is clearly evidenced by increased consumption and importation of key construction materials. Cement consumption surged by 23.9 percent to 2,424.4 thousand metric tonnes from 1,957.1 thousand metric tonnes in the corresponding period of 2024. Similarly, imports of bitumen rose to 22,659.3 metric tonnes from 15,566.2 metric tonnes, while iron and steel imports more than doubled to 526,606.4 metric tonnes compared to 222,112.3 metric tonnes in the seco
Kenya’s Wealthy Get Smart Homes While the Poor Are Left Behind
7.7% of the highest-income households reported having smart security systems, a stark contrast to the mere 0.3% reported in the lowest-income households. Electricity access remains a foundational enabler for digital inclusion. The report suggests that future initiatives should focus on improving electricity infrastructure in rural areas. The latest Kenya Household Survey (KHS) data reveals a stark digital socioeconomic divide in the adoption of smart home technologies across the country. The findings highlight that income, housing tenure, dwelling type, and electricity access are major determinants of who can access and utilize these emerging technologies. The joint report by Kenya National Bureau of Statistics and Communications Authority of K
Meet the Team Powering Superior Homes’ Real Estate Vision: Shiv Arora, CEO
Table of Contents 1. What inspired you to venture into real estate, and how has your vision evolved over time? 2. How do you balance innovation with sustainability in leading the company? 3. What are you most proud of since becoming CEO? 4. Where would you like the company to be in five years’ time, and how do you plan to achieve that? 5. What guides your decisions?
BuyRentKenya Partners with Ashitiva Advocates to Simplify Conveyancing in Kenya
Nairobi, Kenya – 12th August 2025 — BuyRentKenya, the country’s leading online real estate marketplace, is excited to announce a strategic partnership with Ashitiva Advocates, a respected firm specialising in legal conveyancing. This collaboration is set to simplify and enhance the conveyancing process for buyers, sellers, and agents navigating Kenya’s dynamic property market. As the official conveyancing and legal referral partner for BuyRentKenya, Ashitiva Advocates will bring expert legal support directly into the real estate ecosystem. Together, they will offer users transparent, efficient, and reliable conveyancing solutions, helping to eliminate common challenges and delays in property transactions. “We are thrilled to join forces with Ashitiva Advocates to deliver seamless conveyancing services,” said Elizabeth Costabir, CEO of BuyRentKenya. “This partnership strengthens our
Where Innovation Meets Lifestyle: Exploring LLDE 2025’s Bold Vision
About two weeks ago, an event we had been eagerly anticipating finally came to life, the 5th Edition of the Luxury Living and Design Expo (LLDE 2025). Hosted at Village Market, the three-day affair was nothing short of spectacular. Months of planning culminated in a vibrant, well-curated showcase that drew over 500 attendees per day from across Nairobi and beyond, making this year’s edition the biggest in LLDE history. The expo’s mission was clear: bring together the different players who shape the spaces we live, work, and thrive in. And it delivered. The exhibitor list was as diverse as it was impressive—over 33 brands ranging from luxury furniture makers and interior designers to bathtub specialists, high-end bedding companies, architectural firms, and smart home technology innovators. Each booth told its own story of African creativity, craftsmanship, and innovation.
BuyRentKenya Unveils Property Price Index Report
Nairobi, Kenya — 17th July 2025 BuyRentKenya, Kenya’s trusted real estate marketplace,is excited to unveil its inaugural Property Price Index Report , a key part of a quarterly series designed to track the evolving property market trends across the country. The index offers comprehensive insights into land price shifts, high-return investment regions, and the fastest-growing areas within Kenya’s dynamic real estate landscape. This first edition focuses on the land market, providing an in-depth analysis of price movements, investment hotspots, and the future outlook for property values. Table of Contents Key Highlights from the Report: Regions with High ROI Potential
The Luxury Living & Design Expo Returns: BuyRentKenya & Village Market Team Up for 2025 Showcase
BuyRentKenya, in collaboration with Village Market, proudly presents the fifth edition of the Luxury Living & Design Expo 2025 (LLDE)—a landmark event where bold ideas in property, design, and architecture take centre stage. This year’s theme, “Designing for Africa,” invites you to explore a curated space where architecture meets lifestyle, where interior design, landscaping, technology, and craftsmanship converge. The Expo is a showcase for bold concepts, a platform for connection between visionaries and high-net-worth buyers, and a stage for immersive, world-class experiences that celebrate and redefine African luxury. Beyond the exhibits, LLDE offers brands a rare opportunity to connect with serious buyers, investors, and key players in the luxury market. Whether you’re unveiling a new collection, launching a property, or introducing design innovations, this is your chance to
Is the One Million Housing Units Target by 2027 Realistic?
The one million target sounds noble, even necessary, considering Kenya’s growing urban population and rising demand for decent housing. While the affordable housing agenda is gaining momentum, it has not been without pushback — especially from communities directly affected by the developments. For most Kenyans, the hope isn’t in a headline figure, it’s in finally having a place to call home, where the rent isn’t a burden, and the ground doesn’t feel temporary . About a week ago, President William Ruto, together with the Ministry of Lands, Public Works, Housing and Urban Development, launched newly built houses in Mukuru kwa Njenga , part of the government’s flagship affordable housing program. What was once a densely populated informal settlement now has towering apartment blocks with social
Environmental Oversight Halts Lang’ata Housing Project: What This Means for Kenya’s Affordable Housing Agenda
The National Environment Tribunal has temporarily halted the Southlands Affordable Housing Project in Lang’ata The proposed development includes 17-storey apartment blocks featuring 15,950 housing units, a mix of social and affordable housing. Last week, residents took to the streets in protest, citing exclusion from the planning process and concerns over environmental and social impact. Can Kenya meet its affordable housing targets without compromising environmental and community safeguards? The National Environment Tribunal has temporarily halted the Southlands Affordable Housing Project in Lang’ata, a government-backed development, following a petition by Busia Senator Okiya Omtatah. The senator raised concerns about the absence of a proper Environmental Impact Assessment (EIA) and inadequate public part
Northlands Heights Apartments – A Look Inside Nairobi’s Growing Appetite for Serene Gated Living
NAIROBI – The residential landscape around Nairobi continues to evolve, with a noticeable shift towards developments that promise security, community, and tranquility away from the busy urban life. The ‘newish’ Northlands Heights Apartments, located within the expansive Northlands City project in Ruiru, exemplifies this trend. It is the first real estate project within Northlands. Located approximately 20 kilometers from Nairobi’s Central Business District, Northlands Heights is a modern gated community offering a mix of studio, 1, 2, and 3-bedroom apartments, reported to be ready for occupation. READ ALSO : Northlands City Project: A Glimpse into Kenya’s Tomorrow Table of Contents Inside Northlan
Kenya’s Affordable Housing: Progress and Challenges in 2025
The Kenyan government has set an ambitious goal to construct 200,000 affordable housing units annually, aiming to reach 1 million homes over five years. As of April 2025, approximately 140,000 units have been completed, with a recent release of 5,000 units attracting over 500,000 interested applicants through the Boma Yangu platform. Despite these efforts, the program faces several challenges. A proposal in the Finance Bill 2025 seeks to remove VAT exemptions on building materials, potentially increasing construction costs and slowing down housing delivery . Additionally, legal disputes have delayed occupancy timelines, shifting the initial move-in target from December 2024 to April 2025. Public-private partnerships are central to the housing initiative, yet some projects have encountered resistance from local communities over concerns like disp
BPO Boom: Why Commercial Developers Must Rethink Office Space in Kenya
Inspired by an article by Syovata Ndambuki, published in the Daily Nation The global business landscape is shifting, and Kenya is emerging as one of the fastest-rising markets on the outsourcing map. In a compelling article by Syovata Ndambuki in the Daily Nation, the spotlight turns to the offshoring industry’s growing influence on commercial real estate, and how Kenyan developers must adapt or risk falling behind. At BuyRentKenya, we’ve long known that demographics, technology, and economic trends shape the way people invest, live, and work. This article emphasizes just that, particularly in relation to Business Process Outsourcing (BPO) and Commercial Real Estate (CRE). READ ALSO : Why Commercial Real Estate in Kenya is Facing New Challenges