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Company Profile

Company Overview | Current Market Situation | Industrial Analysis | Trends | Growth Rate


Industrial Analysis

Kingdom of Saudi Arabia real estate industry still shows substantial growth rate despite the market needs and supplies. Total disposable land in KSA market has reached more than billion of dollars in investment in less than last two years (as stated by government statistics).

According to banking indications after 11th September event, all the wealth of Big Saudi Businessmen has brought the region of Saudi Arabia and the limitation of investment channels made Real Estate industry in the high demand growth.

The substantial growth is due to the variety of mega projects across the Kingdom Market either in tourism properties, Industrial properties or commercial properties around holy mosques (one of the world's expensive property).


Trends

Saudi Arabia has potential in the Real Estate Market due to the lack of contagious trends. The change of direction design wise and creativities is necessary, not an option. The new era of real estate worldwide shows the quality of construction and finishing as well as the facilities with smart hi-gadgets technology, well-made International trends on top of the success.


Growth Rate:

According to Riyadh Development Authority. The Economy of Riyadh, Municipality of Riyadh, the population growth rate for past 10 years in Riyadh is 8.1%. this growth rate must keep up with the development of real estate industry. This can only be done by having a central authority to issue license for development.

 

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