A section of Juja town, Kiambu, July 16, 2020. [David Njaaga, Standard]
Kilimani and Ongata Rongai are the two areas that recorded a drop in land prices in the latest indices by real estate firm HassConsult.
Prices of land in these two areas dropped by 0.3 and 2.6 per cent in the quarter ended June 2024.
Among the 18 suburbs analysed by HassConsult, Spring Valley had the most increase in prices at 5.3 per cent. For satellite towns, Ruiru had the most increase at 4.0 per cent.
Satellite towns land price growth at 2.2 per cent, slower compared to quarter one growth of 3.0 per cent.
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