Much Awaited Mortgage Law to Drive Saudi Housing
Favorable demographics, industry centered policy and regulatory framework will drive housing industry in Saudi Arabia.
[ClickPress, Tue Oct 27 2009] According to our recently released research report “Saudi Arabia Housing Sector Outlook” Saudi Arabia has emerged as the most favorite destination for real estate investment in the Middle East. The kingdom’s housing sector has been undergoing a series of transformation for past few years on account of multiple supportive factors.
“Although real estate companies have shown keenness with regard to investment in Saudi Arabia, the absences of mortgage law and institutions specific for home finance continue to be the major concerns”, said a Senior Research Analyst at RNCOS.
We have also found that the industry is presently witnessing demand and supply mismatch due to massive shortage of housing units in the country. Thus, the housing segment has become the most dynamic segment of all construction activities going on in the country.
Our study gives detailed overview of past and current performance of the housing segment in Saudi Arabia along with the analysis of existing housing stock in terms of ownership, type and construction material. Besides, we have done the demand analysis for the housing sector which gives an idea about the households demand in future till 2015. The existing housing demand under the government’s 8th development plan has also been covered in the research report with an objective to acquaint clients with unsatisfied demand in the 7th plan, new demand and replacement demand.
“Saudi Arabia Housing Sector Outlook” comprises thorough information of various segments along with critical evaluation of their growth in future. It gives broad overview of past and current market trends coupled with rational analysis of areas where inevitable changes required to sustain growth in the housing industry. The report also covers industry drivers and future residential projects that help clients understand how the market will behave in coming years.
The report also features analysis of Saudi Arabia housing industry financing structure and provides an overview of factors critical for the success of players interested to venture into this highly lucrative market.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM213.htm
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RNCOS, incorporated in the year 2002, is an industry research firm. We are a team of industry experts who analyze data collected from credible sources. We provide industry insights and analysis that helps corporations to take timely and accurate business decision in today's globally competitive environment.