{
  "id": 18716942,
  "title": "6 Nairobi neighbourhoods where buying an apartment has yet to pay off since 2016",
  "url": "https://urgent.news/2026/11/07/6-nairobi-neighbourhoods-where-buying-an-apartment-has-yet-to-pay-off",
  "topic": "world",
  "section": "World",
  "published": "2026-11-07T13:08:01.000Z",
  "source": {
    "name": "People Daily Kenya",
    "slug": "people-daily-kenya",
    "url": "https://peopledaily.digital/business/6-nairobi-neighbourhoods-where-buying-an-apartment-has-yet-to-pay-off-since-2016"
  },
  "original_language": "en",
  "account": "Six Nairobi neighbourhoods – Upperhill, Kilimani, Westlands, Lavington, Riverside and Kileleshwa – have apartment asking prices that remain below the October 2016 benchmark nearly a decade later. A third-quarter 2026 report by HassConsult shows these neighbourhoods' index levels at 0.68, 0.70, 0.75, 0.77, 0.79 and 0.84 respectively, all indicating a loss of between 16 to 32 percent from the starting point. This disparity suggests that apartment prices in these areas have not fully recovered from losses sustained since 2016. While the report highlights that individual properties can perform differently based on various factors, the overall trend in these areas indicates a slower pace of recovery compared to other segments of the market. Experts attribute the relative strength in established suburban houses to improving financial conditions and limited supply, but the same factors are not necessarily boosting apartment prices uniformly across all neighbourhoods. For prospective buyers, these indices serve as a starting point for evaluating market trends and negotiating prices, but should not be interpreted as a guarantee that every apartment in these areas is undervalued. The complex dynamics of supply and demand, building quality, and the characteristics of individual properties further complicate the picture, underscoring the need for a nuanced approach when assessing the Nairobi property market.",
  "summary": "Upperhill, Kilimani and Westlands are among the locations where apartment asking-price indices remain below their October 2016 levels, nearly a decade later. A Nairobi apartment bought in 2016 may not have recovered the asking-price ground it has lost since then, according to figures in HassConsult’s third-quarter 2026 Property Index. The report’s apartment price indices show […]",
  "key_points": [
    "Six Nairobi neighborhoods have apartment prices below 2016 benchmarks.",
    "HassConsult report shows 16-32% loss in value since 2016.",
    "Experts cite limited supply and improving conditions for suburban houses."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}