No Saudi Real Estate Boom, Only A Slow Burn

alifarabia | October 9, 2011 | Featured Saudi Arabia, Saudi Arabia | No Comments

The Saudi real estate sector has not exactly gone gangbusters. When the Saudi King Abdullah Bin Abdulaziz Al Saud announced in March a number of measures to stimulate the sector and make housing more affordable, it was expected to be the cue for explosive growth in the real estate market.

Instead, it is a slow burn. Investment bank Rasmala expects the Saudi real estate story seems to be on a positive trajectory. “However, we expect mid single digit increases in house prices over the next two years.” READ MORE HERE

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