Flats cost more than bungalows

An artiste's impression of an apartment building complex in Nairobi. PHOTO | COURTESY

Apartments are more expensive than bungalows despite the latter being bigger in size, according to a new report that reviewed house prices in the year ended December.

The housing price index report by the Kenyan Bankers Association reveals the average price of a maisonette stood at Sh12.15 million while that of apartments and bungalows stood at Sh9.38 million and Sh6.69 million, respectively.

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