Real Estate in Kuwait
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Real Estate Agencies Sold Houses Worth Kd 119 Million During First Half Of 202126 July 2021The total residential real estate transactions through real estate agencies amounted to KD 119 million during the first half of 2021, as 349 housing units were sold, compared to tr...Proceeds Of Sale Of Real Estate Portfolio To Go To ‘general Reserve Fund’21 December 2021The Kuwait Investment Authority is serious about exiting the National Real Estate Portfolio in two phases according to the plan. The first will take place through a public auction...A Paperless Real Estate Market Will Curb Artificial Price Rises, Fictitious Sales, And Money Laundering02 October 2022Under the Ministry of Commerce and Industry's website, all land and private housing properties offered for sale by licensed real estate offices will be gathered under one roof....Kuwait's Real Estate Prices Continue To Decline Slowly06 April 2023There is still stagnation in the private housing market, as evidenced by the continued decline in residential real estate prices during the first quarter of 2023, according to Al-Q...New Real Estate Fraud Case Referred To Criminal Court By Public Prosecution08 May 2023According to Al-Qabas daily, the Public Funds Prosecution has referred a company organizing real estate exhibitions to the Criminal Court on charges of cheating citizens and sellin...Real Estate And Construction Sector Credit Declines02 August 2023Kuwait Finance House reports that credit allocation to the real estate and construction sectors declined 0.5% at the end of the second quarter of 2023. However, compared to the sam...Investors In Real Estate Achieve 85.4% Occupancy06 August 2023Kuwait had 394,942 thousand housing units for investment purposes at the end of the second quarter in 2023, according to a real estate report. Out of this number, 337,083 thousand...Real Estate Brokers In Kuwait Grow By 9.1% In 202322 October 2023The number of certified real estate brokers in Kuwait has experienced a significant uptick in 2023, rising by 9.1%. With the completion of tests and training programs, the number o...Real Estate Auction Sold 4 Plots For 3.96 Million Dinars21 March 2024A real estate auction held yesterday at the Four Seasons Hotel saw the sale of four residential plots located in the Yarmouk area for a total of 3.96 million dinars. The plots were...