How August 2022 Elections in Kenya will Impact Real Estate Market in Laikipia County.

Laikipia County has 246,487 registered voters. It has a high population hence real estate growth is on an upward trajectory. We want to look at how the upcoming general elections will impact the real estate market in Laikipia.

Facts about Laikipia

Laikipia County is one of the 17 counties in the Rift Valley. The name Laikipia means treeless plain in the Maasai language. The county is characterized by a vast plain where both wildlife and domestic animals roam freely on the rangelands of Laikipia. It covers an area of 9,532.2 km2 and is ranked as the 14th largest county in the country by the size of land. The county has a population of 518,560 people according to the 2019 Kenya Population and Housing Census. The main economic activities are pastoralism, mixed farming, horticulture, ranching, agro-pastoral, marginal mixed farming, sand harvesting, tourism, and trade. Laikipia County has 3 constituencies and 15 electoral wards.

Places to visit in Laikipia

Some of the best places to visit in Laikipia include:

  • Ol Pejeta Conservancy
  • Ol Jogi Wildlife Conservancy
  • Thomson’s Falls
  • Loisaba Conservancy
  • Mugie Conservancy
  • Ol Lentille Conservancy
  • Sosian Conservancy
  • Mount Kenya Wildlife Conservancy

Nanyuki Town

The town of Nanyuki sits on the equator and lies on the north-western slopes of Mount Kenya. Kongoni is set on the outskirts of the town. The town is surrounded by amazing landscapes with spectacular views of the snowcapped Mount Kenya and the plains of Laikipia. Today, Nanyuki is a bustling market center with both high-end and budget restaurants, gift shops, local supermarkets, pubs, clubs, florists, hairdressers, and coffee shops, catering to a mix of tourists, ex-pats, and local clientele. It is the gateway to Mount Kenya and the wilderness of Mount Kenya National Park, giving easy access to incredible sporting, exploring, safari, and nature-loving opportunities it has on its doorstep. The town by a small airport and few bus stations.

Estates in Laikipia

Some of the best estates in Laikipia include:

  • Kileleni Estate
  • Lokinar Estate
  • Balcon Lolldaiga Estate
  • Dol Dol
  • Tewama Estate
  • Nyaithee Estate

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Laikipia Real Estate Market

Tourism is one of the highest contributors to Laikipia County’s economy. It’s richly endowed with wildlife, distributed in most parts of the county extending to Aberdares. Laikipia gets its water from Nanyuki Water and Sewerage Company Limited (NAWASCO), and Nyahururu Water and Sewerage Company (NYAHUWASCO). The area has good mains electricity and landline telephones; main roads in the area are bitumen surfaces while feeder roads in the ranches are paved with earthen surfaces that are navigable by vehicles. Key to note, in light of a growing population and evolving economic state of the county, the county government is in process of revising zoning regulations that aim to guide land use standards, zoning schemes, and ordinances for all urban settlements in Laikipia County, including physical planning. Some of the factors driving the real estate market in Laikipia are:

  • Tourism
  • Growth of small and medium enterprises
  • Devolution

Raila Odinga has promised to implement Apparel Creators, Cabro Manufacturing, Animal Feeds Machinery, and Dryers Manufacturing to boost the county’s economy. DP Ruto has also assured the residents of the implementation of security measures in the region and solving of land issues.

Hotels in Laikipia

Some of the best hotels in Laikipia include:

  • Sweetwaters Serena Camp
  • Fairmont Mount Kenya Safari Club
  • Falcon Heights Hotel
  • Penguin House
  • Esiankiki Resort & Spa
  • Le Rustique
  • Comfort Gardens Sweetwaters
  • Jambo Mutara Camp,Laikipia
  • Porini Rhino Camp

Roads in Laikipia

By June 2021, a record of 1,370 km of roads had been improved under the Laikipia Leasing Programme. All the wards in the county (Umande Ward, Thingithu Ward, Mukogodo East Ward, Segera Ward, Nanyuki Ward, Igwamiti Ward, Rumuruti Ward, Ngobit Ward, and others) are interconnected with upgraded tarmacked roads thanks to devolution.

Construction Sector in Laikipia

The County Government of Laikipia has engaged the National Construction Authority (NCA), Nema, and other stakeholders to ensure that all buildings are well supervised and approved to ascertain they are safe for human occupancy.  Through the working of all the concerned entities, all contractors making buildings in the county will use modern designs that take into account accessibility by People Living with Disabilities and also have enough space for occupants. The modern design constructions must have a provision for water harvesting for houses. They must also be accessible to PLWDs.This move is a boost to ensure sustainable development in the real estate sector. Laikipia is seen as a battleground between the leading presidential candidates but various factors may change the inclination of votes on the election date. Let us wait and see.

Conclusion

Considering starting a project in the county? Work with the best real estate company that provides proper services and delivers. West Kenya Real Estate Company is a well-known construction company with well-known architects and beautiful designs of houses we provide construction, property letting, property valuation, management, sale, and house plans. Why should you choose us as your construction company, we are affordable, quality, detailed and modern contact us via email at info@westkenyarealestate.com or SMS, call, or WhatsApp (+254789217685/+25424481087). You can also visit us in our offices in Kisumu or Nairobi.

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