Rents
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Rents May Go Down By 25 Percent Before The End Of This Year27 June 2016There are indications that the rents of investment apartments will reduce by 25 percent before the end of this year due to several factors including the slump in the real estate se...Drop In Apartment Rents By Kd 60 In Last Two Months26 August 2016A drop in the rents of investment apartments by about KD 60 has been witnessed in the last two months especially after the issuance of governmental decisions that affect tenants su...Increasing Expenses Of Expats Affect The Real Estate Sector19 January 2017The increasing negative attitude of some MPs concerning expatriates in terms of increasing their expenses will affect the real-estate sector of the country very badly especially th...Silence Of The Investors Has Been Broken Due To Increased Rents08 May 2017The silence of the investors in Amghara has been broken due to the issue of increased rents and lack of infrastructure stipulated by Public Authority for Industry, reports Al-Seyas...Pressure On Rents As 37000 Apartments Vacant04 June 2017The real estate market, which saw a softening in early 2017 with sales falling to KD180 million, appears to be continuing its lethargic performance. Latest data from the real es...Young Entrepreneurs Are Suffering From Increasing Rents30 June 2017Chairman of the Kuwaiti Association for Small and Medium Enterprises Daoud Marafie disclosed that young entrepreneurs are suffering from increasing rents, as about 60 percent of th...Five Companies Qualified To Participate For Labor Cities Project28 January 2018Five companies and international conglomerations have been qualified to participate in tenders for the South Jahra labor cities project. According to local media report, internatio...Rents Increased By 100 Percent Compared To 201224 June 2018CBRE, a global real estate consultancy firm, has stated in its report that the rents of deluxe commercial real estate in Kuwait City have returned to the levels witnessed in 2008,...More Than Kd 40m Spent On Rents Of Various Government Buildings05 August 2019The government, represented by Ministry of Finance, is studying the possibility of renting real estates for state institutions but giving each institution the freedom to take the r...Some Landlords Resorting To Harsh Measures For Rents15 May 2020Adding to the suffering of tenants, property owners and landlords have issued threats of eviction, cutting water and electricity supply, and stopping elevators in buildings, are so...125 Cases Filed To Evict Tenants13 July 2020416 new cases appeared before the rental department court, including 125 cases demanding the eviction of tenants from apartments for failing to pay rents in the last 4 months durin...Residents In Farwaniya Suffer After Landlord Disconnects Water Connection Over Rents21 July 2020A group of expats had to endure the unbearable heat as the landlord had disconnected the water connection as the rents were not being paid. The expats living in a building in block...Co-op Investors In Tunnel Of ‘mosa’ Confusion Over Rents08 September 2020In light of Ministry of Social Affairs’ reluctance to take decisions and address the repercussions of the corona pandemic on its activities, entrepreneurs and investors from...Exemption From Rents For The Branches Invested In Cooperatives In 4 Stages27 September 2020The Ministry of Social Affairs announced its plan to exempt initiators owners of branches invested in cooperative societies from the monthly rental value, according to 4 stages....Kuwait Apartment Rents Are Falling In Popular Expat Residential Areas19 October 2020The cost of renting an apartment in Kuwait is falling, reversing years of steady increases and outpacing declines even in most popular city areas. The declines apparently reflect t...