Monday, 05 June 2023 04:11 GMT

Kuwait real estate market sales grow, investment sector sales double

(MENAFN) Real estate market in Kuwait grew amid the month of May this year, while total sales reached its highest levels since Dec 2014, growing by 150 percent.

Additionally, the whole count of deals grew by 91 percent compared to the month prior, and increased by 50 percent compared to the same period of 2016.

Moreover, sales performance in the commercial sector contributed to the whole market performance, while they expanded, compared to the month prior, reaching KD63mn.

Meanwhile, sales in the residential sector grew by 84 percent compared to the month prior, reaching KD164mn.


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.