Best Red Sea Resort
The Jordanian market is a little bit better than the rest of the region, and definitely better than Europe and the States.
imported 2024-03-17 17:43:07
The Jordanian market is a little bit better than the rest of the region, and definitely better than Europe and the States.
I am also looking at turning Mawared into more of a commercial entity, so profits and loss will be very much clear.
JK Holding is a real estate development company established in 1978.
My vision for Aqaba is to be a cosmopolitan city with people from all walks of life and from all over the world who do business in the Middle East and can call Aqaba home.
I think what probably makes us special in this part of the world is that we are strategy focused. We actually are proactive.
There has been a sort of freeze in supply and increase in demand which is causing the increase we saw in the first six months of 2010.
Real estate prices have been rising quickly since the end of the Israeli-Lebanon war in 2006. But the real estate market in Lebanon is unique. Although prices are skyrocketing as they are in many other countries, the real estate market has little speculation.
View the top Real Estate Management Companies in Lebanon. According to the Bank Audi Research, the activities in the Lebanese real estate sector are slowing down in 2012 due to the ongoing domestic political strife and regional instability. The total value of real estate transactions grew by 6.7% in 2011; the January – April 2012 period recorded 4% y-o-y increase in comparison with the same period in 2011. These figures are very low compared to the 32% annual growth which was recorded since the 2005 real estate boom in Lebanon.
As a company that specializes in construction materials we have a great interest in Lebanon. We have been studying Lebanon with very close observation: the political stability, the security of the economy. The government has assured us that there will be a very healthy budget announced soon.
The Lebanon real estate sector was not affected and there is a real demand in Lebanon real estate. UAE is also productive for the real estate business and we were involved there before we were even involved in Lebanon. When the crisis started Dubai was hurt much more than other countries in the real estate market due to speculation instead of investment.