From The Nation

Increased buyer activity in developments in the outskirts of Nairobi has seen a rise in developer interest, with now more than five multi-million real estate projects coming up in Thika, a town synonymous with industrial and agricultural activities.

Properties in Thika, categorised as Nairobi’s Zone C, recorded the country’s highest percentage increase in sales last year at 22 per cent.

The average sale price moved from Sh7.8 million in 2011 to Sh9.5 million in 2012. This is compared to the nearly flat pricing in the previously frenetic zones A and B suburbs.

Read more at nation.co.ke