More private investors have cut back on new housing projects amid growing uncertainty about the disruptions of the State’s ramped-up affordable housing programmes (AHPs), high material costs, and market shifts toward mixed-use units.
The value of building approvals in Nairobi, for example, dropped by 24.5 percent during the first 11 months of 2025 compared to a similar period the previous year, highlighting a sustained slowdown in private construction activity.