[Source: Daily Nation, by Eric Wainaina]
The increasing property value in areas proxy to the city and its immediate outskirts, as well as the infrastructural development by the government in areas considered rural, has seen investors in the real estate sector rush to far areas where huge and affordable land is available.
Housing co-operatives, land buying companies and individuals are buying large tracks of land in areas which were previously shunned for real estate development.
Areas where investors in the sector are flooding after being pushed from the city and its prime outskirts include the interior of Kiambu, Kajiado, Laikipia, Nakuru and Muranga counties.
Their far distance from the city notwithstanding, all these areas are the next frontier for the real estate sector.
The skyrocketing of land prices near the city, proximity to the city via the Superhighway, accessibility, migration, and the SGR and other infrastructure are among the different factors causing this push to far-flung areas.
[Full article: Daily Nation, by Eric Wainaina]
