UPPER HILL, KILIMANI MOST EXPENSIVE LAND IN NAIROBI

An acre of land in Upper Hill is going for Sh517million (US$51.7m), data from property manager Hass Consult indicates.

The rapidly growing financial district leads the list of most expensive real estate in Nairobi. Kilimani at Sh430m ($43m) comes in second as it continues to see an upsurge of apartment complexes and commercial developments.

Parklands at Sh402m ($40m) an acre is the third most expensive location with Westlands at Sh398m closely behind.

Rounding off the top 10 are:

	Location	Cost (KES)
1	Upper Hill	517,000,000
2	Kilimani	430,000,000
3	Parklands	402,000,000
4	Westlands	398,000,000
5	Kileleshwa	278,000,000
6	Eastleigh	268,000,000
7	Lavington	224,000,000
8	Gigiri	210,000,000
9	Spring Valley	147,000,000
10	Muthaiga	120,000,000

Of Satellite towns around Nairobi, Ruaka is the most expensive at Sh68m an acre followed by Kiambu at Sh38/acre and Mlolongo at Sh23m/acre.

This is Hass's second report on the Land sector this year.

The UAP Tower in Upper Hill