Bright future for commercial real estate as 100,000 GLAs in the pipeline
Khalid A. Al-Sehaibany, General Manager of Hamat Properties talks about commercial real estate in Saudi Arabia and the latest developments.
List of all articles filed under “saudi-arabia-real-estate” category.
Khalid A. Al-Sehaibany, General Manager of Hamat Properties talks about commercial real estate in Saudi Arabia and the latest developments.
Samir Kreidie, Managing Director of Rabya talks about Prince Sultan Center, a new mega projects worth billions.
Yasser Abu Ateek, CEO of Dar Al Tamleek talks about outlook for the real estate and housing sector in Saudi Arabia.
Anees Ahmed Moumina, CEO of SEDCO Holding talks about the real estate sector in Saudi Arabia.
The challenge at FDI, is how to bring foreign direct investments into a country with a troubled neighborhood. But as one of the emerging market powers, the public equity is going to be opened in Saudi Arabia in the middle of this year.
Right now the real estate market is facing a lot of changes. The Minister of Council has announced that he will charge a fee or levy tariffs on the white lands. This gives rise to a lot of rumors. People are not sure about the future of the real estate market.
We don’t have a clear vision of what is going to happen. In order to do product planning you need data and unfortunately accurate data is not available in Saudi. If you want to plan for the next five years you need to know how many houses are going to be built, how many exist, how many are going out of the market, how many permits have been approved etc. all of this data is not currently available or it is available but it’s not accurate.
Lifestyle Developers, the Saudi-based real estate developer committed to raising standard of living in the MENA region and beyond, marks its participation at Cityscape Jeddah 2015.
The Saudi Arabian commercial real-estate market has been booming in the last decade. There has been an increase in the value of commercial properties and malls. Every year, there are almost 200,000 GLAs in major cities like Riyadh, Jeddah, and Dammam. There is a lot of demand since 2004 and right up to 2017.
Marcopolis.net has compiled the ranking of the top real estate companies in Saudi Arabia. View the list of the largest real estate companies. The largest real estate companies are Dar Al Arkan, Al Saedan Real Estate, Kingdom Holding Company, Ewaan, Jabal Omar Development Company.