Real Estate

With residential sales well up so far this year, Jordan’s real estate sector looks to be rebounding from the downturn it experienced during the global economic crisis. Questions remain, however, as to whether the surge can be maintained for the rest of 2011 in the face of rising interest rates and a possible end to state-backed incentives.

A long-awaited change in property ownership rules for foreigners in 2011 could further heat the country’s real estate market amid bullish investor sentiment in the sector. But the government has sent mixed messages over proposals that could potentially incite nationalist sentiment.

With a young population and a growing economy, demand for residential property in the greater Kuala Lumpur (KL) area is expected to remain strong, as new transportation schemes to add to the city’s attractiveness.

Sur le marché marocain de l’immobilier résidentiel, les prix se maintiennent en 2011 ; le léger recul global est en effet compensé par une hausse des prix dans le segment clé des appartements, ainsi que dans certaines régions du pays où la demande est particulièrement élevée. Le segment des locations résidentielles a lui aussi bien résisté. Malgré la vague d'agitation politique qui a touché l'Afrique du Nord au début de l’année, le développement de projets immobiliers d'envergure est globalement bien engagé, et les investisseurs nationaux et les logements à bas prix devraient stimuler la croissance.

With interest rates still low and consumer demand strong, the Philippines real estate sector is off to a good start this year. However, continued delays in implementing the legal framework for real estate investment trusts (REITs) may slow momentum in the property market.

According to several recently published reports, the outlook for Kuwait's real estate sector is looking up. After hitting a low in 2009, the real estate market has begun to show signs of recovery and following robust expansion in 2010, the sector appears poised to see further growth this year.