Sharp Daily
No Result
View All Result
Thursday, February 5, 2026
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home Real Estate

Surge in Remote Work Drives Demand for Suburban Homes

Allan Lenkai by Allan Lenkai
April 4, 2025
in Real Estate
Reading Time: 2 mins read
The real estate market is experiencing a seismic shift as remote work continues to reshape homebuying trends, with suburban properties seeing a surge in demand.

The shift, catalyzed by the COVID-19 pandemic and sustained by evolving workplace flexibility, has seen professionals across the continent prioritize spacious homes with dedicated work areas over urban apartments. The African Development Bank noted in a recent study that hybrid work models have increased by 15% in countries like Kenya, South Africa, and Ghana since 2022, pushing homebuyers toward suburban areas offering affordability and tranquility.

In Nairobi, suburban neighborhoods like Karen and Rongai have seen a 10% rise in property sales in the past year, according to Hass Consult, a leading real estate firm.

The continent’s rapid urbanization — projected to see 50% of Africans living in cities by 2030, per the United Nations — adds complexity to the trend. While urban centers like Lagos and Johannesburg remain economic hubs, suburban growth reflects a desire for balanced living. A Knight Frank report from December 2024 highlighted that Africa’s property markets are rebounding post-pandemic, with suburban residential demand outpacing urban growth by 8%.

Challenges persist, however. Limited housing stock in desirable suburban zones has sparked bidding wars, pushing sale times down to an average of 25 days in Nairobi and Cape Town, per local listings data. In Nigeria, suburban land in emerging hotspots like Ibadan and Abeokuta has appreciated 15% since 2024, but infrastructure lags, with power and road networks struggling to keep pace.

RELATEDPOSTS

No Content Available

Governments are taking note. Rwanda, a leader in affordable housing, has zoned suburban areas near Kigali for new developments, targeting middle-income remote workers with homes priced at $80,000. South Africa’s Western Cape province is investing $50 million in suburban infrastructure upgrades to ease access

Previous Post

Invest smartly this weekend: The power of CMMF

Next Post

Managing pension savings during job changes in Kenya

Allan Lenkai

Allan Lenkai

Related Posts

Real Estate

Kenya’s residential Real Estate in 2025: Resilient performance and a measured outlook for 2026

January 9, 2026
Real Estate

Kenya’s Infrastructure Sector Poised for Growth in 2026

January 5, 2026
Crime

Tall building collapses in south c Nairobi, rescue Efforts ongoing

January 2, 2026
Analysis

In duplum rule Kenya: slain lawyer Mathew Kyalo Mbobu wins posthumous victory against Sh69M predatory loan demand.

December 3, 2025
Money

World bank raises Kenya’s 2025 growth forecast as construction sector rebounds

November 25, 2025
Analysis

Growing Appeal of Alternative Investments in Africa

November 21, 2025

LATEST STORIES

Pension fund returns moderate in 2025 as falling interest rates weigh on performance

February 5, 2026

What the High Court backing for KRA use of bank deposits to assess income means for businesses in Kenya

February 5, 2026

What’s new on tax exemption for kenyans earning sh30,000

February 5, 2026

Upgrading and the Structure of Premium Access

February 5, 2026

Investing with loose change: The quiet micro-investing revolution in Kenya

February 5, 2026

Public Private Partnerships and Development: Fiscal, Efficiency, and Institutional Considerations

February 5, 2026

Why people, not ads, are the real drivers of business growth

February 5, 2026

From saving to surviving: What money means today

February 5, 2026
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024