Mon, Sep 15, 2014
A A A
Welcome hendrik.absolut
RSS

Real Estate Briefing - Categorized | Investment, Residential property Watch more

Saudi housing projects need SR500bln by ’20

Posted on 20 November 2012

Saudi Arabia is facing a huge housing shortage as demand continues to outstrip supply requiring SR500 billion in financing to construct 1.25 million houses by 2014.
Total real estate financing is also forecast to reach SR60 billion by 2013, as a result of growth in total real estate lending by SR17 billion in the second quarter of this year alone, leading experts to comment that the implementation of the Kingdom’s newly approved mortgage law may be a prime solution to the housing crisis………………………………………..Full Article: Source


 Article link

This post was written by:

Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


Contact the author

Comments are closed.

banner
September 2014
M T W T F S S
« May    
1234567
891011121314
15161718192021
22232425262728
2930