Sample this from my native Lagos suburb Nigeria:-

( a )Jan 2010:- Promo price 750K per plot (120 ft by 60 feet )
Initial deposit 30K balance of 30K per month spread over 24 months

http://portalrealtiesltd...GARDEN%20CITY%20FAQ.pdf

http://www.nairalist.com...m2-plot-of-land-crystal


(b) Jan 2011 :- Fast forward 1.5 Million per plot

Initial deposit 150K balance of 67.5K per month spread over 20 months

http://www-investmentrea...-cityagbara-igbesa.html

(c ) Sept 2012:- And now 3.25 Million per plot

Initial deposit 610K
Balance of 220K per month over 12 months.

http://portalrealtiesltd.com/cgc_faq.php

Luckily for me I positioned at the initial price of 750K per plot.

Why The Leap ?
-Infrastructural development within the vicinty (2 lane road to balloon to 8 lanes still under construction}.

- Infrastructural development within the estate itself. Perimeter fence, gate house, internal road construction, electricity, water

- Time :- The earlier the cheaper

- Demand:- People want to see evidence of tangible development before they key in even at a higher price.

- Location:- A new real estate corridor similar to your Thika Super Highway.


Note:-1 ksh = 1.90 Nigerian Naira

In sub saharan Africa the art of choosing real estate location with prospects for future boom is the same.