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Land prices in satellite towns hit record high, shows report

Property prices increased across the board at 3.3 per cent over the quarter. [iStockphoto]

Nairobi's satellite towns experienced a record increase in land prices in the second quarter of the year, new data by real estate firm Hass Consult shows.

The towns recorded a 4.1 per cent growth overshadowing a 0.17 per cent increase in the prices of land in the city.

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