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Student housing drives up land prices in satellite towns

Students, the teaching fraternity, and ancillary services providers look for quality housing that will also reduce their transportation costs and commuting time. [iStockphoto]

Land prices in satellite towns have continued to increase riding on the demand for student accommodation.

Data from property firm HassConsult showed that land prices in satellite towns jumped 2.17 per cent in the first quarter of the year.

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