Nairobi, Jan. 12 -- More private investors have cut back on new housing projects amid growing uncertainty about the disruptions of the State's ramped-up affordable housing programmes (AHPs), high material costs, and market shifts toward mixed-use units.
The value of building approvals in Nairobi, for example, dropped by 24.5 percent during the first 11 months of 2025 compared to a similar period the previous year, highlighting a sustained slowdown in private construction activity.
Data from the Kenya National Bureau of Statistics (KNBS) shows that Nairobi City County approved building plans valued Sh149.2 billion between January and November 2025, down from Sh197.5 billion over the same period in 2024.
The 24.5 percent year-on-year dec...
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