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The Hass Property Index

Overall property prices drop by 1.8 per cent while asking rents drop by 0.3 per cent with apartments accounting for the biggest drop for both asking property prices and rents.

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New! Nairobi West, South C, Kileleshwa, Upper
Hill, Ridgeways, Mombasa Rd, Brookside, Rhapta Rd.

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Quarter 1. 2017

Investors are giving rental yields a greater consideration as the marginal house price increases over the last few years, have reduced the opportunities to flip properties and reap large capital gains.

  • The supply of one to three-bedroom apartments in the letting market is indicative that investors are looking for passive and regular income as opposed to capital gains that are made when exiting an investment.

  • The opportunities to buy properties and then sell them at a handsome return are becoming thinner as prices have become static over the last few years.

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