Research Report

 

KSA Land Tax An Initiative Towards Market Correction

There are no property taxes in Saudi Arabia However based on the official Saudi Press Agency (SPA), the Shura Council agreed to impose an annual fee on ‘white lands’. The Council agreed that Ministry of Municipal and Rural Affairs will be in charge to issue the implementing regulations to control and organise the necessary mechanism to impose annual fees on such land that is located within the white urban scale.

 

Riyadh Real Estate Market Overview (2015)

Century21 Saudi’s Research & Advisory Department (CRA) recently issued “Riyadh Real Estate Market Overview” for 1st half of 2015. The report is covering real estate market overview, performance, and supply & demand dynamics of Riyadh city. In addition, prices/rents of residential & commercial lands, apartments, villas, offices, and showrooms for the key locations of city are included in this report.

 

Riyadh Real Estate Market Overview (H2-2014)

2014 was highly productive year for KSA real estate sector. We observed completion of several projects and in parallel we witnessed announcements for several new residential and commercial developments. In 2014 real estate sector will maintain its solid growth momentum. Since inception, Century21Saudi has stood as one of the most trusted and reputable real estate marketing and consultancy firm, serving through its six fully operational offices across KSA. Century21Saudi has continued to grow and evolve with the changing time and continues to be at the forefront of real estate marketing and consultancy industry. Century21Saudi’s dedication and commitment to its clients remain and will continue to be the very essence of the company. We always put ourselves in the shoes of our clients and offer our services to meet and even exceed their demands.

 

Riyadh Real Estate Market Overview (H1-2014)

2014 was highly productive year for KSA real estate sector. We observed completion of several projects and in parallel we witnessed announcements for several new residential and commercial developments. In 2014 real estate sector will maintain its solid growth momentum. Since inception, Century21Saudi has stood as one of the most trusted and reputable real estate marketing and consultancy firm, serving through its six fully operational offices across KSA. Century21Saudi has continued to grow and evolve with the changing time and continues to be at the forefront of real estate marketing and consultancy industry. Century21Saudi’s dedication and commitment to its clients remain and will continue to be the very essence of the company. We always put ourselves in the shoes of our clients and offer our services to meet and even exceed their demands.

 

Riyadh Real Estate Market Overview (2013)

 

Century21 Saudi continues to focus on delivering high standards of real estate marketing and consultancy services in an outgoing and professional manner. Working with our partners, which include local and international real estate developers, banks, investment houses , and other Specialists; we deliver customers focused special services to our clients tailored to meet their needs. Saudi Arabia has enjoyed two years of excellent economic growth, because of sharp gains in oil production, high oil prices, vigorous government spending and a vibrant nonoil economy. However, the outlook - while still comparatively encouraging - is beginning to change. KSA’s real GDP growth is expected to be 4.2% in 2013. This decline is because of drop in the oil production . 

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