How The August 2022 elections in Kenya will impact the Real Estate Market in Nyandarua.
Nyandarua County has a significant number of registered voters with 335,634 registered voters. According to Infotrak polls, Deputy President William Ruto is ahead of Raila Odinga in the county as we draw closer to the August polls. However, the choice of Martha Karua as Raila Odinga’s running mate has drastically changed the equation in the vote-rich county of the larger central region. In this article, we want to look at how this year’s polls will impact the real estate market in Nyandarua.
Facts about Nyandar
Before we dig deep into what may transpire in the real estate market in Nyandarua. We can look at some of the facts about Nyandarua that make it a unique county apart from the rest.
Nyandarua County is located in Central Kenya and borders Laikipia County to the North and North East, Nyeri County and Muranga County to the East, Kiambu County to the south and Nakuru County to the southwest and west. It covers an area of 3285.7 km2.
According to the 2019 Kenya Population and Housing Census, the population was 638,289 people with a population density of 194 people per km2 and an annual growth rate of 3.3%. Agriculture is the predominant economic activity in the county characterized by high horticultural productivity involving small-scale firms.
This is highly influenced by the adjacent Aberdare ranges, a rich water tower that supplies the county rivers throughout the year with water. Agricultural produce includes maize, beans, potatoes, cabbages, peas, dairy products and fruits. Nyandarua has 5 constituencies which are further divided into 25 wards with Kinangop constituency having the highest number of wards.
Places to visit in Nyandarua
Some of the best places to visit in Nyandarua include:
- Lake Ol Bolossat
- Mount Kipipiri
- Kinangop Plateau
- Aberdare Range
- Rurimueria Hill
- Elephant Hill
- Mau Mau Caves
- Ndaragwa Nature Trail
- Karuru Falls
- Ndaragwa Waterfall
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Ol Kalou Town
For a long time, Ol Kalou town was a village shopping center that went quiet at 7 pm.There has been a number of development undertaken in the town that have changed the skyline of Nyandarua’s capital. The town has a number of tourist attraction sites as Wanjohi Happy Valley Adventure that have led to flocking of tourists.
Ol Kalou serves as residential area with a number of estates ranging from high-medium-low class residential zones. A number of health facilities are also available in the town thus attracting large population. The population of the town has been increasing rapidly in the recent past.
Estates in Nyandarua
The ever increasing population of Nyandarua has led to increased demand for housing and establishment of estates. Some of the estates shaping real estate market in Nyandarua include the following:
- Ken Estate
- Tumaini Estate
- Kariamu Estate
- Mundia Estate
- Makenzi Estate
Nyandarua Real Estate Market
Increased demand for housing in Nyandarua has led to increase in prices of real property in the county. Also, there has been an influx of property agencies in the county in the recent past as the number of transactions has also increased. It is estimated that property prices may even go higher after the polls with the rising inflation.
Nyandarua is considered DP Ruto’s stronghold. While in the county, the Deputy President promised the residents improved agriculture and manufacturing sector. The two sectors are perceived to be the largest contributors to the economy of Nyandarua. Ruto has also promised a reduction in prices of fertilizers that will see farmers lower the cost of production. On the other hand, Raila Odinga has assured residents of Nyandarua County that he will victims of 2007/08 post-election violence are resettled back on their land. This will solve land issues that have been witnessed in the region.
He also promised to subsidize the price of farm inputs so that the farmers can increase production generated from their farms. In terms of produce preservation, he said he will fast track building of cold storage in Nyandarua as first step to value addition to agricultural produce in the county. These steps by the two leading presidential front runners are seen as catalyst to development of the real estate market in Nyandarua.
Hotels in Nyandarua
Nyandarua has some nice hotels distributed in the county that have shaped real estate market in the county. Some of the best hotels in Nyandarua include the following:
- Samawati Lakeside Cottages
- Lalanasi Lodge and Tented Camp
- Maverick Camp,Rondavels and Homestay
- Bells Guest House
- En Korika Cedar Valley Guesthouse
- Apex Resort,Rutara
- Kigwa Country Home
- Sunset Holiday Park Gardens, Rutara
- Tranquil Guest House
- Nyandarua Dream Hotel
Roads in Nyandarua
600 km of tarmac roads will be constructed across Nyandarua by the end of this year, the longest within 5 years of the County since independence. Since taking office in 2017, Governor Kimemia has constructed 380 km of roads as pledged in both his manifesto and the second County Integrated Development Plan (2018-2022).The county’s boss close partnership with the head of state continues to cement Nyandarua’s great road infrastructural programs making it one of the greatest destinations for real estate investors in the larger central region. More roads are expected if Governor Kimemia will be reelected. Also, there are ongoing rural roads construction programs in Lower Shamata area in Shamata ward.
Construction sector in Nyandarua
There has been a rise in construction activities in Nyandarua in the last 5 years. There are a number of construction companies that exist in the region. Some of the major projects to be launched in Nyandarua County in the recent past have been mainly road projects and the installation of water and sewerage system in Ol Kalou.
Conclusion
Nyandarua County is a productive area for agriculture, manufacturing and processing. There are a number of challenges including lack of a good road network and adequate distribution of electricity and water. Interested investors both local and in the diaspora can invest in agriculture, manufacturing, processing and housing. This brings hope to the real estate market in the county.
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