Real estate agents say the rising demand for land that is hardly available has led to a huge spike in prices. “The opening up of businesses such as hardware shops and general stores is a sign of growth in the real estate,” he says, adding that returns on real estate in the town are at peak. “We even have non-locals buying land in the outskirts of Kisii town, which was not the case few years ago,” he says.Why Kisii town is a new gem for real estate developersEric Abuga Property investors are scrambling to put up housing developments in Kisii town and its environs, attracted by good road networks and security. Real estate agents say the rising demand for land that is hardly available has led to a huge spike in prices. “The opening up of businesses such as hardware shops and general stores is a sign of growth in the real estate,” he says, adding that returns on real estate in the town are at peak.

Source: Standard Digital May 29, 2020 07:18 UTC