Student housing drives up land prices in satellite towns
Students, the teaching fraternity, and ancillary services providers are looking for quality housing that will also reduce their transportation costs and commuting time.
Stay updated with breaking news from Upper Hill. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Students, the teaching fraternity, and ancillary services providers are looking for quality housing that will also reduce their transportation costs and commuting time.
Data by realtor HassConsult show the price of an average house within the city rose 6.8 percent in the year to March compared to a drop of 1.8 percent in the same period a year earlier.
The construction sector grew by 6.6 per cent in 2021 as the roads sub-sector received “a significant boost” from Public-Private Partnerships (PPPs).
Nairobi’s iconic Hilton Hotel will close its doors indefinitely in December and lay off an unspecified number of workers, underlining the troubles of hotels in the wake of Covid-19 travel slump.
Changing home buyer behaviour among Africa’s high net worth individuals is inflating demand for ultra-luxury condos and penthouses.