HassConsult Report: Kenya Outshines Global Real Estate Giants

Hass consult CO-CEO and creative Arts Director Sakina Hassanali addressing the press during the hass consult press conference in Nairobi on Monday at Sarova Stanley, she is accompanied by development sales advisor Ian Mutinda.

By Winnie Atieno 

Kenya has cemented its position as the world’s leading property investment destination, with returns far surpassing those in major international markets, according to a Special Report released by HassConsult.

The report revealed that residential property prices in Kenya rose by 7.8 percent in the year to June 2025 — the highest capital appreciation among nine leading global markets. In comparison, Australia recorded the second-highest growth at 4.74 percent, while Canada saw a decline of 1.25 percent.

Speaking to the press today in Nairobi at the Sarova Stanley Hotel, HassConsult Co-CEO Sakina Hassanali said the strength of Kenya’s housing market lies in its unique financing model.

“A critical factor in the strength of Kenya’s housing market has been its source of finance. Homes in Kenya are fully paid, which makes the market super-resilient. Owners rarely end up grappling with mortgage repayments they can’t meet, preventing the waves of forced sales suffered in other economies,” she said.

Since 2000, property prices in Kenya have increased by 425 percent, compared to 201 percent in the United States, 151 percent in France, and 122 percent in Singapore. Less than 2 percent of homes in Kenya are mortgage-financed, compared to up to 90 percent in Western economies.

“Multiple factors are driving down property demand in western and eastern economies, not least of which is declining populations, while the value of property in Kenya’s expanding economy and population only keeps growing,” Hassanali added.

Kenya’s rental yields also remain robust at 5.5 percent, higher than the global average. Combined with capital gains, property investors earned a total return of 13.28 percent in the year to June 2025.

Returns were even higher for buyers of off-plan properties, with eight prime developments across Nairobi posting an average investment return of 18.06 percent this year.

“With offplan now the main point of entry for many Kenyans into property, the discounts and instalment payments are creating gains that are, in reality, over twice the norm in other global markets,” said HassConsult Development Sales Advisor Ian Mutinda.

The report underlines Kenya’s continued growth as an investment hotspot, with analysts noting that domestic demand, rising incomes, and a youthful population will keep driving the market forward despite global economic headwinds.