Kenya: Homebuyers Turn to Apartments As Appetite for Townhouses Fizzle Out

11 August 2020

Nairobi — Homebuyers' preferences in the second quarter of 2020 were characterized by a shift back to apartments, as demand for townhouses appeared to fizzle out, a new report has found.

The Kenya Bankers Association report reveals that demand for apartments more than doubled, accounting for 75.6 percent, compared to 33 percent of the concluded sales in the first quarter of the year.

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