Kuwait Real Estate News
Housing units for expat labourers ready for handover this month
The housing units for expatriate labourers in Shadadiyyah and Subban are almost ready, and the projects will be handed over to the Finance Ministry this month, the Director for Expatriate Labour Housing Projects, Hayel Al Mutairi revealed last week.
Kuwait realty sales KD246mn in March year-on-year
Real estate sales totalled to KD246mn in March, year-on-year, said National Bank of Kuwait (NBK) in its report.
Al Mazaya flagship towers at Kuwait Business Town ready to rent
Al Mazaya Holding has recently announced that the two flagship towers, Mazaya 1 and Mazaya 2, located in the heart of Kuwait Business Town, are being offered for rent.
Realty sector shows improved momentum in early 2012
The momentum generated by strong recovery of Kuwait real estate sector in early 2012, will continue all through the year.
2012 to be a promising year for Kuwait real estate sector
Real estate sales activity picked up in January totalling to KD318mn, marking a 64percent growth year-on-year.
Kuwait reports a sluggish real estate market in early 2012
The real estate business in Kuwait has been drastically sluggish early this year, admits a real estate broker in Kuwait.
Property markets in GCC region to remain pressurized in 2012
With demand continuing to surpass supply, real estate prices in Saudi Arabia are continuing to grow, while all other property markets in the GCC region will continue to remain under pressure in 2012, due to challenging global conditions, claim industrial analysts.
Kuwait property sector gathers pace following summer slowdown
The sales transactions in Kuwait touched KD60mn in October this year, while 43.
Kuwait realty sector post profits
Several companies listed in Kuwait Stock Exchange (KSE), posted their third quarter results this week, with real estate sector recording the best performance.
Kuwait records decline in expat count
Nearly 45,000 expatriate workers have left Kuwait this year, while the new work permits issued have touched 90,000 in number, revealed Mohammad Al-Kandari, Ministry of Social Affairs and Labour.
KAMCO report reveals positive indicators for Kuwait realty sector
The Asset Management Co (KAMCO) of Kuwait Investment Projects Company (KIPCO) has revealed that there are positive signs that the real estate sector in Kuwait will grow by the end of first half of 2011.
Majority of Kuwaitis investing in Dubai properties
Nearly 60percent of investors of all properties purchased by GCC nationals are Kuwaitis, according to latest figures by the UAE Ministry of Finance.
Latest Kuwait property sales report indicates improvement in the sector
The latest report on property sales in Kuwait during the month of May reveals that the total value of sales touched Dh.
Increased demand for properties in Kuwait realty sector
The demand for real estate in Kuwait surpassed that of supply during the first half of this year, thereby leading to instability in prices.
Property experts seek private sector support to develop housing sector
The property experts on Sunday invited the private sector to contribute to the development of housing sector, as increasing number of couples are seeking to own a house.
