Maich

I would advice you buy the land and not the shares.
why: The value of land especally on thika road is going up very fast. And i mean FAST. Like 200% per year since 2008.
If you hold on and buy stocks, who knows what will happen in 2012 and where the NSE will go again. From 5600 points to 3200 or worse??!!

Then again its your choice but i dont see any counter or group of counters giving you an growth of 200% or even 100% in any year. So what will happen if you buy stocks is that you will simply be edged out by the capital gains on land.
This is my advice. To see why i have this view, read below article. and PLEASE let me have your views.

http://www.businessdaily.../-/1kql4iz/-/index.html

I do not have much experience with shares, however for land along Thika Rd, you could be 100% sure its value will have gone up. Wih shares there is no guarantee to have any significant added value...you may or you may not. if i were you, i would go for land. The final decision is yours!!

Kenyans love and understand land. So the more rational view is to buy some land and a little stock - very secure.

But in my opinion land is often an end game. I know there's always the capital gains but many continue owning the asset and make money from the rent.

I believe true wealth lies in creating wealth. So if you use the land/stock to make alot of cash (not just value) that you can use to take advantage of an opportunity to create more cash etc etc.

Buy rand-Kenyans understand it...

Wewe Sparky wacha kiswahili mob. Hata sisi tulienda shule. But it looks like you missed something from the original request. The guy is looking for land, not just any land , but land along THIKA ROAD. Read again . Land along THIKA ROAD. Now lets take your education and look at what is happening along THIKA ROAD. We can see that this THIKA ROAD is in nairobi north. Nairobi north is where the majority of Nairobi's and kenyas rapidly growing middle class resides.
Then angalia tena. The government has contrcats three chinese companies to build the first express way in East and Central Africa. This express way, that has been desined for high speed driving, has eight lanes. Not two or three like you have most likely seen elswhere.
There there are the two bypasses. Eastern and Northern.
Where else in nairobi, kenya or eastern africa do you find this sort of thing going on.
There there is the post election violence.....and 2012 on the way...
Kama umesoma economics, as you sound like, si hii ndio intaitwa special circumstances?
Kama ndio hiyo, basi kwa nini angalile stocks. This to me is simple and straight...
Anunua shamba saa hii otherwise asiponunua atabakia na thuo investment compoany land thats way past thika town....

if u invest in land...invest in land...if u invest in stocks...invest in stocks...with every investment comes an attached risk...what if thika road becomes the new koinange street...will this be rosy as you say...

ngo for rand....a good investment is in mortar and brick...2012 is a year to watch ....Land will go nowhere....but shares ....you will be left with worthless paper just incase something worse than 2007 happens.....Also Land prices have one direction only ..Up only...that is if you get all the paperwork right....

@ Gatheuzi
your thought are interesting. If 80K cars use this road today, getting another 80K cars in nairobi should not be difficult to make the jam situation the same way it is today.
But i think the rise in the cost of land and the rise in rents will untimately put some brakes to this, so people might just make it just right. 20 mins from town to home and vice-versa.
Land should go up by an average of 500% from todays proces to deter any steelrments and this in my opinion is posible. Very posible.

I would buy the land not because it's a good investment but because the piece of land you admire might not sit and wait for you if it's for building your dream home. But please note that this is not an investment and thus your intention for this land is not to invest.