Nairobi apartment prices fall as supply surges
Nairobi, May 11 -- Apartment prices in Nairobi's high-end areas and satellite towns have declined in the past three years in the wake of increased supply and a shift in buyers' preference for stand-alone units.
The price of a top three-bedroom apartment in Eastlands and towns like Mavoko and Kiambu was Sh18 million as at the end of 2025, down from Sh21 million three years earlier, according to data from the Kenya National Bureau of Statistics (KNBS).
Apartments in high-end areas such as Lavington, Riverside and Karen reflected a similar pattern with a typical three-bedroom flat selling at Sh18.9 million down from Sh20 million three years earlier.
Prices of typical standalone houses across the different areas were higher, with the trend...
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