With a robust rate of economic growth over the past year contributing to rapidly increasing residential sales prices, confidence has gradually returned to Dubai’s property market despite the impact of the global economic crisis of 2008-09. In late September 2014, at the 13th annual Cityscape Global exhibition – an informal barometer of the real estate climate in the...
Government moves to enact an ambitious infrastructure investment plan backed by financial assistance from the GCC’s $10bn Gulf Development Programme should support steady expansion of construction activity in Bahrain over the next few years, following a period of slower growth. The push to provide affordable housing has seen a host of new...
With the smallest geographic area and smallest population within the MENA region, Bahrain possesses a unique set of real estate market fundamentals. The kingdom has one of the GCC’s highest population densities, with the majority of its 1.2m citizens living in Manama and Muharraq, meaning obtaining land for new buildings can be a challenge. At...
Underpinned by a government-funded housing strategy, Bahrain’s residential construction segment has recorded solid expansion in recent years. The kingdom signed its first-ever real estate public-private partnership (PPP) in 2012, and established a new finance scheme in 2013, offering subsidised mortgages and bolstering private sector development...
Although recovery has been slower in Bahrain compared to some of its GCC neighbours, the kingdom’s real estate sector has made steady progress since 2013, with gains in the residential and retail markets demonstrating a gradual return of investor and developer confidence. While the office market remains oversaturated, with flat growth reported...
Major demand for real estate is being driven by Myanmar’s significant economic growth, and market participants are looking forward to the arrival of new foreign investors. Thanks to the current government’s economic and political reforms since 2011, Myanmar is seeing broad growth in sectors such as oil and gas, telecommunications, manufacturing, construction and tourism...
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