Kuwait Real Estate News
Kuwait property sector in need of new laws
The real estate market in Kuwait is in need of new laws to boost liquidity and improve funding for new projects, said a report by Emaar Alahlia Real Estate Company.
Expert warns architects to apply caution when designing for coastal regions
According to a researcher at the Coasts and Pollution Department of Kuwait Institute for Scientific Research, the designers of the buildings and facilities, adjacent to the beach, should bear in mind that sea waves can be enormous and quite harmful, although rarely.
Kuwait realty sector records 26% growth in transactions in Q2 2010
Kuwait real estate market has recorded good performance during the second quarter of 2010, said a recent report by Kuwait Finance House (KFH).
Government plans possibility of granting expats right to own properties
The government plans to study the possibility of granting expatriates the right to own properties, a new report said.
Kuwait real estate shows optimism in all sectors
The growth in commercial, residential and investment sectors of Kuwait real estate has been attributed to the optimism over implementation of development plan approved by the Parliament recently, says an economic report.
Real estate activity revives in Kuwait during March 2010
According to the latest NBK Real Estate Brief, the real estate activity revived this March, offering the first indication that the recovery in the sector may form a stepping up gear.
Commercial rents under pressure in Kuwait
Commercial rents in Kuwait continue to face pressure as office supply now outstrips demand, DTZ said yesterday.
Debts may hit Kuwait realty sector
The debt in Kuwaiti real estate sector is likely to leave its impact on short to medium-term outlook of the sector, as companies seek to re-balance their capital structure, reveals a recent report.
Kuwait property sector records 130pc growth in March
The real estate sector in Kuwait grew 130percent in March, compared to that experienced a year ago, due to high turnover in residential and investment property, revealed official data.
Kuwait residential sector still sluggish
Residential sector in Kuwait witnessed a slump during the first two months this year, inline with the decline in property sales during the period, according to latest report.
Kuwait real estate market back to mid-2009 levels
Following a marked surge in real estate transactions during the year 2009, property sales in Kuwait have declined during January and February 2010.
Kuwait plans mega projects worth billions in next four years
Kuwait plans to adopt US$100bn plan to develop mega projects over the next four years.
Call for change in property assessment standards
Real estate assessment in Kuwait should be based on real standards developed on the basis of scientific and realistic ground, and the prices should not be manipulated depending on activities of private companies facing technical problems with their budgets, warned real estate and economy experts in Kuwait.
Kuwaiti real estate firms operating abroad to return home
Kuwaiti real estate companies are scattered across several countries in the world, as they seek more profitable and safer opportunities.
2009- Year of revival for Kuwait property sector
There has been a revival in Kuwait property sector towards the end of this year, particularly in new housing localities, a real estate expert in Kuwait commented.
