Scramble for a piece of Kisumu city creates new property firms

Kisumu city is experiencing a property boom that has seen land prices triple in value in some areas. Investors in commercial and residential property have been trooping to the lakeside city in droves in a move that has seen an unprecedented rise in the value of land and housing units in and around the town.

Some of the biggest beneficiaries of the boom have been property agents and developers who have had to deal with rising numbers of clients looking for property to rent, buy, or develop. Over the last three years, the number of registered property agents has risen from less than 10 to over 25.
read more at source: Business Daily