Property inventory falls to 3,300 apartments in Q1 Business

Property inventory falls to 3,300 apartments in Q1

The country’s apartment inventory was estimated at some 3,300 units by the end of the first quarter of the year, falling 5,700 units compared to the same period last year, according to the Ministry of Construction (MoC).
Real estate market adapting to COVID-19 Business

Real estate market adapting to COVID-19

The real estate market saw some signs of recovery in the latter half of the second quarter and early and mid-July before the second wave of COVID-19 struck in late July. The changing situation has forced property companies to adjust their business plans.
Domestic property market facing uncertainty: Insiders Business

Domestic property market facing uncertainty: Insiders

The domestic real estate market is hoped to have growth in the fourth quarter of this year and before the Lunar New Year 2021 if, by this year-end, the domestic economy is restored to levels from before the COVID-19 pandemic, according to insiders.