Business
5 Reasons to Invest in Ngong now
Ngong town is fast growing place located South west of Kenya’s capital- Nairobi. The town is on the floor of the Great Rift Valley, near Ngong Hills in Kajiado County.
With an acute shortage of housing in Nairobi, desire to reside in a more quiet and family place with countryside view but still manageable to access the city people are opting to move to the suburbs of the city and that is mostly Ngong area which is adjacent to Ngong town..
Here are five reasons you should consider investing in Ngong:
- Proximity to the country’s CBD
Ngong is strategically located on the outskirts of Nairobi which is very appropriate for people who work in the city but would like to live away from the city. Homeownership in Nairobi is expensive, worse still overpopulation is a looming issue that makes life quite hectic living in the city. Along Ngong road, there are famous residential and commercial serenity like Karen which is preferred by the rich.
- Superb Infrastructure
There are a number of infrastructures that are underway. The Standard Gauge Railway from Nairobi to Naivasha has opened up the region economically in a huge way. Also during the drilling of the tunnel for SGR to pass, a water reservoir, which is estimated to last for 85 years, was discovered and has entitled the residents free water supply. The just-concluded tarmacked Road from Ngong to Suswa is a big boost in easing transport as well as linking Ngong with neighboring areas. The ongoing expansion of Ngong Road is expected to further improve the value of land for sale in Ngong.
- Already established residential centers
Ngong already has a considerable size of people who have settled in the area. This is a good sign since it is people who bring about economic development. The number of people moving into Ngong is growing. With the red volcanic soil of Rift valley, agriculture can be a flourishing economic activity.Take for example Kimuka centre which 5 years ago you could simply count the number of residents but as of now, it has a vacational college, secondary schools and various primary schools, there is also a police station and since it was tarmac, it has attracted many investors.
4. Availability of social amenities
Ngong has many well-established learning institutions, hospitals, shopping facilities, and religious centers. Such institutions will need a labor force, food supplies, and other basic needs.
- Adjacent Ngong Hills
Ngong Hills make areas around ideal for holiday vacation. Holidaymakers within the city may dash to Ngong and have a good time. With the influx of people, restaurants and hotels are expected to come up in a big way. With such growth, agriculture will come in handy.
However, Land rates in Kenya vary from one another according to various factors such as size, location, and accessibility to roads, electricity availability, sewerage, water, and many more. One of the Real estate company in Kenya provide some of these value additions to their clients.