Rising demand for residential and retail development is driving rapid expansion in Bahrain’s real estate sector, with billions of dollars worth of mixed-use projects to be launched in the near future, while new regulatory measures have been issued aimed at increasing market stability and long-term growth.
The high-end segment of Sri Lanka’s residential real estate sector looks to be heading towards a period of consolidation and flat returns on the back of a sharp increase in supply.
Strong demand and a substantial development pipeline are supporting activity in Sharjah’s property market, with year-on-year (y-o-y) sales up by almost half in the first six months of 2017, according to data issued by the Real Estate Registration Department.
While South Africa’s economy has emerged from recession and is showing signs of sustained growth, that has yet to feed into the property market, meaning residential sales and new construction will likely remain subdued for the rest of this year.
An increase in new developments and land sales has helped Dubai’s property market post a strong rise in transactions and turnover in the first half of 2017, suggesting last year’s slide may have bottomed out as developments accelerate ahead of Expo 2020.
Although it recorded double-digit expansion during the boom years of 2010 to 2013, Papua New Guinea’s construction industry faces a challenging operating environment in 2017. Growth contracted in 2014 following the completion of a major liquefied natural gas (LNG) project, and contractors have since struggled to regain the momentum of earlier...
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