NAIROBI, Kenya, – Access to the Thika Super highway have pushed land prices in Juja to an all time high compared to other satellite towns around Nairobi in 2016.
Hass Consult’s quarter four index reports that Juja increased its asking price by 6.32 percent over the quarter and by 50.88 percent over the last year.
Head of Research and Marketing Sakina Hassanali says the area has benefitted from the comparative reduced commute time between the area and the city.
“Juja is doing extremely well because it is served by an eight-lane road which improves access to the area. Distance (between the towns and the city) is no longer about Kilometers but is now about minutes taken,” Hassanali said.
According to the index, the average price of an acre in Juja is Sh10.6 million, a 12 fold growth since 2007.
READ MORE: https://www.capitalfm.co.ke/business/2017/01/juja-records-highest-land-a...