×
App Icon
The Standard e-Paper
Smart Minds Choose Us
★★★★ - on Play Store
Read on the App

Oversupply halts prices and rents in high-end market

Richland Pointe Apartments in Kahawa West, Nairobi. July 2018. [Wilberforce Okwiri, Standard]

Home buyers are showing more preference for more floor space, showing that developers can benefit from increased plinth area by opting for higher-density developments. 

This, and location, had an influence on home prices towards the end of 2018, says the Kenya Bankers Association House Price Index.

Get Full Access for Ksh299/Week
Uncover the stories others won’t tell. Subscribe now for exclusive access
  • 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