How emerging towns are shaping Kenya’s real estate growth

The ongoing construction of the Affordable Housing project in Bahati, Nakuru County on May 22, 2024. 

Photo credit: File | Nation Media Group

The real estate sector continues to grow its influence in the Kenyan economy. According to the 2023-2024 real estate survey by the Kenya National Bureau of Statistics (KNBS), the sector’s contribution to the country’s Gross Domestic Product (GDP) grew by 33.7 percent.

Property investment has always been a cornerstone for wealth creation, but it comes with its fair share of difficulties and risks.

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Note: The results are not exact but very close to the actual.