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Is the Kenyan property bubble about to burst?

There was a study by Hass Consultants last month that laid bare the status of Kenyan property market.

Although land in Upper Hill area remained the most highly valued with an acre going for Kshs.521 million and Ruaka the most expensive satellite town at Kshs.68.3 million an acre, the sector experienced a marginal decline in prices as demand in some suburbs fell due to oversupply.

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Economy Kenya