{"id":27550,"date":"2021-05-11T18:24:21","date_gmt":"2021-05-11T18:24:21","guid":{"rendered":"https:\/\/www.africa-press.net\/kenya\/?p=27550"},"modified":"2021-05-11T17:10:34","modified_gmt":"2021-05-11T17:10:34","slug":"rent-in-posh-nairobi-estates-drops","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/kenya\/all-news\/rent-in-posh-nairobi-estates-drops","title":{"rendered":"Rent in Posh Nairobi Estates Drops"},"content":{"rendered":"

Africa-Press<\/a> – Kenya<\/a>. <\/strong><\/span>A number of posh estates have seen a drop in rental prices during the first months of 2021, a report by Hass Consult has revealed.<\/p>\n

Apartment units in Gigiri saw the highest drop in rent with a 2.5% drop in the first three months and an annual drop of 8.1% since the same period last year.<\/p>\n

Units in Spring Valley saw a 0.8% drop over the first quarter with an annual drop of 2.9%.<\/p>\n

Other areas that saw an annual drop in rental prices were Westlands (1%), Kitisuru (1.7%), Lavington (0.6%), and Loresho (1.2%).<\/p>\n

In terms of satellite towns, Kitengela recorded a 2.2% drop over the quarter and 9.7% annually. Athi River was the laggard with rents dropping by 3.1% for the quarter and 7.4% annually.<\/p>\n

Overall, all property types continue to improve increasing by 1.2 % over the quarter.<\/p>\n

When it comes to buying houses, buyers developed a liking for semi-detached units as they are more spacious than apartments but at the same time are more affordable than detached houses.<\/p>\n

“Working and schooling from home have shed light on the importance of more space, leading to increased demand for homes with compounds.<\/p>\n

“However, since most household incomes declined or were affected, semi-detached houses have become a more favorable housing option as they offer more space than apartments but at a less expensive price than detached houses,” Head of Development Consulting and Research at HassConsult Sakina Hassanali stated.<\/p>\n

In December 2020, apartments took up 58.8% of the market, semi-detached houses took up 28.8% of the market and Detached Houses took up 12.4% of the market.<\/p>\n

At the same time, houses in Langata saw the biggest price in rent at 4.4% over the quarter while annually Muthaiga topped at 8.4%.<\/p>\n

The real estate company observed that property values had increased by 4.36 times since 2001, meaning a house that cost Ksh5 million in 2001 now costs well above Ksh20 million.<\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Kenya. A number of posh estates have seen a drop in rental prices during the first months of 2021, a report by Hass Consult has revealed. Apartment units in Gigiri saw the highest drop in rent with a 2.5% drop in the first three months and an annual drop of 8.1% since the […]<\/p>\n","protected":false},"author":84,"featured_media":27549,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8,16],"tags":[6857,7003,544],"class_list":["post-27550","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-kenya","tag-kenya"],"yoast_head":"\nRent in Posh Nairobi Estates Drops - kenya<\/title>\n<meta name=\"description\" content=\"A number of posh estates have seen a drop in rental prices during the first months of 2021, a report by Hass Consult has ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/kenya\/all-news\/rent-in-posh-nairobi-estates-drops\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Rent in Posh Nairobi Estates Drops\" \/>\n<meta property=\"og:description\" content=\"A number of posh estates have seen a drop in rental prices during the first months of 2021, a report by Hass Consult has ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/kenya\/all-news\/rent-in-posh-nairobi-estates-drops\" \/>\n<meta property=\"og:site_name\" content=\"kenya\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2021-05-11T18:24:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2021\/05\/img-609aba6d71cc6.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"360\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/rent-in-posh-nairobi-estates-drops#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/rent-in-posh-nairobi-estates-drops\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Rent in Posh Nairobi Estates Drops\",\"datePublished\":\"2021-05-11T18:24:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/rent-in-posh-nairobi-estates-drops\"},\"wordCount\":304,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/rent-in-posh-nairobi-estates-drops#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2021\/05\/img-609aba6d71cc6.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Kenya\",\"Kenya\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/kenya\/all-news\/rent-in-posh-nairobi-estates-drops#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/rent-in-posh-nairobi-estates-drops\",\"url\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/rent-in-posh-nairobi-estates-drops\",\"name\":\"Rent in Posh Nairobi Estates Drops - kenya\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/rent-in-posh-nairobi-estates-drops#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/rent-in-posh-nairobi-estates-drops#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2021\/05\/img-609aba6d71cc6.jpg\",\"datePublished\":\"2021-05-11T18:24:21+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"A number of posh estates have seen a drop in rental prices during the first months of 2021, a report by Hass Consult has ...\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/rent-in-posh-nairobi-estates-drops#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/kenya\/all-news\/rent-in-posh-nairobi-estates-drops\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/rent-in-posh-nairobi-estates-drops#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2021\/05\/img-609aba6d71cc6.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2021\/05\/img-609aba6d71cc6.jpg\",\"width\":720,\"height\":360,\"caption\":\"Rent in Posh Nairobi Estates Drops\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/rent-in-posh-nairobi-estates-drops#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/kenya\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Rent in Posh Nairobi Estates Drops\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/#website\",\"url\":\"https:\/\/www.africa-press.net\/kenya\/\",\"name\":\"kenya\",\"description\":\"Just another Africa News Agency Sites site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/kenya\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\",\"name\":\"cfeditoren\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"caption\":\"cfeditoren\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Rent in Posh Nairobi Estates Drops - kenya","description":"A number of posh estates have seen a drop in rental prices during the first months of 2021, a report by Hass Consult has ...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/kenya\/all-news\/rent-in-posh-nairobi-estates-drops","og_locale":"en_US","og_type":"article","og_title":"Rent in Posh Nairobi Estates Drops","og_description":"A number of posh estates have seen a drop in rental prices during the first months of 2021, a report by Hass Consult has ...","og_url":"https:\/\/www.africa-press.net\/kenya\/all-news\/rent-in-posh-nairobi-estates-drops","og_site_name":"kenya","article_publisher":"https:\/\/www.facebook.com\/AfricaPressTunisiaa","article_published_time":"2021-05-11T18:24:21+00:00","og_image":[{"width":720,"height":360,"url":"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2021\/05\/img-609aba6d71cc6.jpg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.africa-press.net\/kenya\/all-news\/rent-in-posh-nairobi-estates-drops#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/kenya\/all-news\/rent-in-posh-nairobi-estates-drops"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"Rent in Posh Nairobi Estates Drops","datePublished":"2021-05-11T18:24:21+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/kenya\/all-news\/rent-in-posh-nairobi-estates-drops"},"wordCount":304,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/kenya\/all-news\/rent-in-posh-nairobi-estates-drops#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2021\/05\/img-609aba6d71cc6.jpg","keywords":["Africa Press","Africa Press-Kenya","Kenya"],"articleSection":["all news","economy","homepage-english","twitter"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.africa-press.net\/kenya\/all-news\/rent-in-posh-nairobi-estates-drops#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/kenya\/all-news\/rent-in-posh-nairobi-estates-drops","url":"https:\/\/www.africa-press.net\/kenya\/all-news\/rent-in-posh-nairobi-estates-drops","name":"Rent in Posh Nairobi Estates Drops - kenya","isPartOf":{"@id":"https:\/\/www.africa-press.net\/kenya\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/kenya\/all-news\/rent-in-posh-nairobi-estates-drops#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/kenya\/all-news\/rent-in-posh-nairobi-estates-drops#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2021\/05\/img-609aba6d71cc6.jpg","datePublished":"2021-05-11T18:24:21+00:00","author":{"@id":"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"description":"A number of posh estates have seen a drop in rental prices during the first months of 2021, a report by Hass Consult has ...","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/kenya\/all-news\/rent-in-posh-nairobi-estates-drops#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/kenya\/all-news\/rent-in-posh-nairobi-estates-drops"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/kenya\/all-news\/rent-in-posh-nairobi-estates-drops#primaryimage","url":"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2021\/05\/img-609aba6d71cc6.jpg","contentUrl":"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2021\/05\/img-609aba6d71cc6.jpg","width":720,"height":360,"caption":"Rent in Posh Nairobi Estates Drops"},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/kenya\/all-news\/rent-in-posh-nairobi-estates-drops#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/kenya\/"},{"@type":"ListItem","position":2,"name":"Rent in Posh Nairobi Estates Drops"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/kenya\/#website","url":"https:\/\/www.africa-press.net\/kenya\/","name":"kenya","description":"Just another Africa News Agency Sites site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/kenya\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb","name":"cfeditoren","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","caption":"cfeditoren"}}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.net\/kenya\/wp-json\/wp\/v2\/posts\/27550","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.net\/kenya\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.net\/kenya\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/kenya\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/kenya\/wp-json\/wp\/v2\/comments?post=27550"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.net\/kenya\/wp-json\/wp\/v2\/posts\/27550\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/kenya\/wp-json\/wp\/v2\/media\/27549"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/kenya\/wp-json\/wp\/v2\/media?parent=27550"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/kenya\/wp-json\/wp\/v2\/categories?post=27550"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/kenya\/wp-json\/wp\/v2\/tags?post=27550"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}