×
App Icon
The Standard e-Paper
Informed Minds Prefer The Standard
★★★★ - on Play Store
Download Now

Satellite towns post slow growth as homeowners are priced out

A section of Juja town in Kiambu, on Thursday, July 16 2020.Most businesses that rely on students from the university for business have adversely been affected as all learning institutions are shut owing to Covid-19 pandemic. [David Njaaga,Standard]

Land prices in Juja, Kiambu County, grew the fastest in the last 12 months among Nairobi city’s satellite towns, even as the latest HassConsult Property Indices show developers in these areas are slowing down due to oversupply of apartments.

Tough economic times, the indices show, have caused both private home developers in these areas and commercial ones to slow down.

Get Full Access for Ksh99/Week
Uncover the stories others won’t tell. Subscribe now for exclusive access

Subscribe Today & Save!

  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in