Business Daily | by Brian Ngugi
Land prices in most satellite towns surrounding Nairobi dropped in the six months to September at the peak of the coronavirus economic hardships that cut demand for property.
Data from real estate research firm HassConsult, shows that prices of land in areas such as Kiambu, Syokimau and Kiserian dropped by between 0.54 percent and 8.1 percent.
This has put brakes to the feverish rises in house and land prices that had some Kenyans worried a bubble may be forming…
