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The big news this quarter is the release of the draft mortgage law by SAMA, with less than 5% of home purchases in the Kingdom currently funded through long term loans, this could profoundly impact the residential market. The requirement for SAMA to create a national real estate pricing index, has the potential to increase transparency and increase capital flows into the residential sector.
Read the latest review on the office, residential, retail and hospitality market sectors in Saudi Arabia’s capital.
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18 December 2012