Latest news and articles about العقارات from NEX English
The Saudi Ministry of Municipalities and Housing has announced the implementation of a vacant property fee project aimed at balancing the real estate market and increasing the supply of residential units. This initiative is part of broader reforms to enhance the efficiency of real estate asset utilization.
The construction and real estate sectors in the Middle East are facing significant challenges due to rising energy prices, necessitating strategic adjustments. According to the Economic Information Center at Siam Commercial Bank, ongoing conflicts in the region are driving up energy and construction material costs.
Ras Al Khaimah has experienced significant growth in the real estate sector over the past year, with BNW playing a crucial role through innovative projects. This development aligns with the emirate's goal to enhance its status as a leading investment destination.
Predictions indicate that the supply of luxury offices in major cities of China and Hong Kong will peak this year, despite declining demand due to economic slowdown and global disruptions. According to a report by Cushman & Wakefield, the total area of luxury offices is expected to reach approximately <strong>99.2 million square meters</strong> by the end of 2025.
Forecasts indicate that private home prices in Singapore will see a slower increase in the first quarter of the year, despite continued demand for new homes in the country. This trend reflects changes in the Singaporean real estate market.
The current crisis in Dubai's real estate market, driven by tensions from the Iran war, presents new investment opportunities for Turkey, according to Nişhan Çekici, head of the Turkish Real Estate and Investment Companies Association.
The Real Estate Registry has announced the commencement of applications for the first property registration of <strong>14,750</strong> real estate units in Jeddah. Property owners must register before <strong>July 2, 2026</strong> to avoid penalties.