Research
The KSA Real Estate
Market – Q2 2020
Read our KSA Real Estate Market – Q2 2020 report for an overview of the office, residential, retail and hospitality sectors in the kingdom.
July 22, 2020
Saudi Arabia’s real estate sectors remained soft during quarter two, although the residential market remained somewhat active and saw several key projects delivered across the Kingdom’s major cities.
However, in the short-to-mid-term we expect delays in the handover of projects currently under construction, as the higher VAT imposed (effective 1st July) is expected to increase the cost of residential developments and sale prices.
Read our Q2 2020 KSA Real Estate Market report to find out more.