Fuelled by public infrastructure maintenance and expansion, private real estate development and individual residential construction, Ghana’s construction industry has been growing steadily, with sector output increasing by 91.8% between 2006 and 2010. With demand for individual family houses – particularly in the low-income bracket – on the rise and plans in place to develop a number of new...
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Chapter | Construction & Real Estate from The Report: Ghana 2012
Economic update | Saudi Arabia: Introducing mortgages
28 Aug 2012
The real estate sector is set for a boost after new legislation allowing banks to offer mortgage products to home buyers was given final approval, a move that should encourage many young Saudis to shift from renting to ownership. It may take time, however, for both banks and customers to acclimatise themselves to the conditions of the Kingdom’s new property market.
Economic update | Sabah: Growing interest in property
14 Aug 2012
The property market is expecting increased sales this year, as a combination of rising private investment and the growing palm oil industry aid expansion in Sabah’s real estate sector. However, industry players say bank regulations introduced in 2011 are slowing some buying activities.
Located in the heart of South-east Asia, Thailand combines an ancient Buddhist culture with an emerging industrial economy. It is the only South-east Asian country never to have been colonised, and the monarchy dates back to the 14th century.
With some of the fastest-growing free trade zones in the region, Ras Al Khaimah has witnessed impressive economic expansion and diversification across key industries in recent years, and is on its way to becoming an important investment destination in the Gulf
A new investment stream is set to pour into Thailand’s property sector with the upcoming release of real estate investment trusts (REITs), bringing the country into line with many of its regional neighbours. Details are still unclear, however, on when exactly investors will be able to take advantage of the new tool.