Nairobi, Nov. 5 -- Investors are losing appetite for buying land in satellite towns in anticipation of selling at a gain as price appreciation in many areas falls below the returns they would have earned from investing in Treasury bills.

Land-price appreciation in 12 of the 14 satellite towns tracked by property firm HassConsult over the year to September 2026 was lower than the cumulative returns from rolling over 91-day Treasury bills, highlighting the weakening appeal of holding undeveloped plots purely for capital gains.

Published by HT Digital Content Services with permission from Business Daily....