Investors in Kenya's booming real estate industry are reaping big, with a new study showing the sector is delivering investment returns unequalled globally. The sector that is among the big employers in the country has emerged as the top of the leading property markets globally, with a 7.8 per cent increase in property prices in the year to June 2025.
According to HassConsult's Special Report released on Tuesday, Kenya's property prices and rental yields are ahead of South Africa, which registered a 3.46 per cent increase, the USA (2.38 per cent), Canada (-1.25 per cent), the UK (2.83 per cent), France (1.11 per cent), Switzerland (2.58 per cent), Singapore (4.15 per cent) and Australia (4.74 per cent). The study has found that the real estate sector is thriving on the back of off-plan developments, which have returns of up to 18 per cent. A photo collage of an aerial view of Kiambu Town (left) and apartments at Fourways Junction along Kiambu Road (right).
Properties in Kenya The study further found that Kenya's rental yields also remain above the global average, at 5.5 per cent, delivering a combined return in the year to June 2025 of 13.28 per cent.
This return is higher still for the thousands of Kenyans who have bought properties in off-plan developments. "The Special Report analysed eight prime off-plan developments in Kenya, reporting an average return on investment in 2025 of 18.06 per cent," HassConsult said.