13/08/2026
Kenya needs roughly 250,000 new homes every year. Yet only about 50,000 are being delivered.
And still, apartment values in parts of Nairobi are declining.
The issue may not simply be a shortage of housing. It is a housing supply mismatch — are we building what buyers actually want, where they want it?
As buyers increasingly look for space, infrastructure, security, community and long-term value, the opportunity may lie in a different kind of development: better planned communities designed around how people want to live.
Our Founder & Executive Director, Shiv Arora, explores this shift and what it means for the future of real estate in Nairobi.
Are we building enough — or are we building the wrong product?
Read the full opinion piece in The Kenyan Wall Street: https://kenyanwallstreet.com/nairobi-housing-mismatch-op-ed
Nairobi is not oversupplied with housing. It is oversupplied with one kind of housing while buyers are increasingly choosing something else.