Business Daily | by James Kariuki
Land prices have dropped further in Nairobi and the surrounding counties of Kiambu, Kajiado and Machakos in the three months to September despite the ongoing recovery from coronavirus hardships that lifted rent.
HassConsult, which conducts a quarterly property pricing index in Kenya, said Thursday that land prices dropped 0.94 percent in quarter three, compared to a growth of 0.22 percent in a similar period last year.
This is the third quarterly drop in a row on reduced demand, defying the recovery of the economy after…
