Land Sector

Land prices in Laikipia are highly dependent on the proximity to the main roads and proximity to the CBD.

In Nanyuki’s CBD, the land price is relatively high and sells at an average price of up to 100 million shillings per acre.

An acre sells at approximately 1.6 million shillings for an acre in the outskirts costs. Most of the land in the county is utilized as ranches that are privately owned and could be as large as over 100 acres each. Despite having several ranches, the market has continued to embrace the selling of plots mainly quarter acres and eighths of an acre with several property agents having entered the market.

The plots for sale recorded average annual sales of 45.8%, attributed to a growing demand for development land in the area fueled by speculations for higher property value boosted by the opening of the Northern Corridor.