The news about Thika becoming a city in the near future is welcome news especially for investors looking to buy property for residential or commercial purposes. The move is expected to become one of Kenya’s most attractive investment destinations. But why would this be important?

Charles Darwin, Optiven Lead for Thika Sales says, “the news is particularly exciting for Optiven as city designation of any town typically brings many benefits. From greater government investment, to stronger infrastructure, improved services, and increased investor confidence—all of which drive real estate and business growth.”

And where Thika is concerned, there are numerous benefits for investors eyeing real estate within Thika.

  • Rising Land Values – City status often increases demand for land from homebuyers, property developers, commercial investors and even industries. Bernard Obande, a Property Advisor at Optiven notes, “investors who buy early are well-positioned to benefit from capital appreciation over time.”
  • Increased Infrastructure Development – Becoming a city usually accelerates investment in amenities within the city to be. From better roads and transport networks, water and sewerage systems, street lighting, public parks, smart city infrastructure and digital connectivity. Felix Mumo, Senior Sales Manager at Optiven advises that “improved infrastructure makes surrounding properties more valuable and attractive.”
  • Strong Rental Market – At present, Thika already attracts University students, factory workers, professionals and government employees. And with the coming to life of the city status there is more to expect and experience in Thika. Jackline Kibachia, Senior Sales Manager at Optiven says, “as the city grows, demand for apartments, student accommodation and family homes also rises. This culminates into an increase in creating attractive rental income opportunities.” Cathrine Khasoa, Head of Corporate Affairs at Optiven notes, “as we roll out SDG11, we align with government’s affordable housing agenda to ensure rapid urbanization does not compromise environmental safety. Our projects feature “edible landscapes” and waste management to promote long-term food and ecological sustainability”
  • Industrial Expansion – Thika is already one of Kenya’s leading industrial centres. City status could attract manufacturing companies, warehousing, logistics hubs, technology parks and even export-processing industries. Martin Waweru, Associate Director for Talent Acquisition and Human Resource at Optiven notes that this creates jobs, increases disposable income, and boosts demand for housing and commercial space.
  • Strategic Location –  Thika enjoys excellent connectivity and is located about 45 km from Nairobi CBD with direct access via Thika Superhighway. Cecilia Ndegwa, Sales and Marketing Manager at Optiven observes that Thika’s connection to Murang’a, Nyeri, Embu, Meru, Garissa, and northern Kenya. Its location makes it an ideal residential and business hub

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