(MENAFN) The value of Kuwaiti real estate sales have reached USD1.40 billion in November, thus registering one of its best months in 2014, KUNA reported.
Across the sectors in the real estate, the residential and commercial sectors performed more strongly than the investment sector in November, which registered a decline compared to its sales in November of 2013.
Sales in the residential sector have totaled USD605.21 million during the month, with the heaviest activity happening in the Ahmadi governorate, which accounted for 60 percent of all residential transactions during November.
Meanwhile the investment sector deals' sales reached USD353.60 million, which is a decrease by 29 percent compared to the correspondent month in 2013.
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.