You waited too long brother, by kesho plot prices zitakuwa zimedouble
Moral of the story, when it comes to migundas, don't listen to some sorely misguided people who use crazy terms like;

1) "It's a phantom project...."
2) "That place is too far..."
3) "It will take 30 years for maendeleo to reach that place..."
4) "No one lives there so insecurity might be high so don't buy..."
5) "There is no water/power there..how can you invest there?"
6). "I will buy once....(pick your poison and add here).. happens..."

Just buy, buy BUY YESTERDAY at the latest. Today is too late!

Kenya is getting very small very fast. Hata Moyale town is not far any more.

The way this economy is growing like blazes, the next "boom towns" are going to be far flung (and in some cases currently unknown) outposts like Namanga, Nakodok, Moyale, Isiolo town, Lodwar, Isebania/Migori, Busia, anywhere within The Athi River/Kitengela/Kisaju/Isinya-Konza triangle, Kajiado Town, Bissil, Eldoret, Emali, Nachu, Mariakani, Ngong-Embulbul, Kimuka area (behind Ngong Hills), Suswa, Naivasha-Longonot area, Lamu and Manda Islands, Miritini, Lokichoggio, Oletepesi (towards Magadi), Mai Mahiu and many, many more.

If you think prices are crazy now when plots are going for 300-500k per 1/8th in some of these backwaters, wait and see what they will be like in 2030!

By then maybe Upper Hill in this city might be going for 10b an 1/8th and those who called you crazy for investing in a dusty scrubland called Miritini will be weeping a bucket of big tears when they hear that your ka-1/8th you bought for an "expensive" 200k is worth 20m or perhaps more!

Most of those places are semi-arid dust-bowl lands. There are far more beautiful well-watered places in this country to buy.

It's hard to convince watu wa tumugunda that sometimes land is not the best move. Kama @MugundaMan telling us about Kitengela, when reports are that since 2012, people who bought land at Kitengela are making returns below the risk-free rate. The challenge I see with many plot hype is that buyers believe that wakinunua shamba ya 1.5M and then sell it at 2M, 4 years later, they have made a return ya 33%. The other challenge ni watu kufikiria a shamba is more valuable than money of equal value. Hii ni kama ile hesabu ya mtu Kuulizwa kilo moja ya pamba na kilo moja ya concrete, gani heavier anasema concrete.

Your counter argument is based on a single source, a puff piece probably paid for by Cytonn, referencing a report it authored in 2016...this is the basis of your rebuttal?
Really?
Is it that hard to separate marketing disguised as news from objective reporting?

I first went to Embulbul, Kimuka Ngong area in 1990, Namanga in 1994 then many years I went back there and still same dust bowls. Nothing productive has happened since, no factories, no industry ever formed other that just housing newly-arrived Nairobians . Those kind of places all depend on Nairobi to thrive there more of dormitory towns. Some of those places in Kajiado you drill for water and you get salt water if not gas(there is no goldmine). Other places you see hyenas roaming around. You waste capital building mansions in Kitengela and spend 4 hours in traffic. Unless you are a shopkeeper or butcher or land broker in dormitory towns those dust bowls are a value trap.

I would rather buy shop space at River road, Nyamakima, Eastleigh.