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Oman: New projects ease housing woes

Posted on 16 May 2011

The strength of Oman’s real estate stems mainly from both proactive government foresight and the nature of the market here. The country’s growing population means housing demand will continue to rise. Approximately 73 per cent of the country’s population is now urbanised.
As a result, demand is buoyant for residential leasing sector with positive growth in the number of tenants seeking housing in comparison to previous years. The higher demand is the result of establishment of more and more companies and expansion of the existing ones creating more jobs……………………………………….Full Article: Source

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