The KSA Real Estate Market – Q3 2020

Read our KSA Real Estate Market – Q3 2020 report for an overview of the office, residential, retail and hospitality sectors in the kingdom.

October 21, 2020

The recent move by Saudi Arabia’s government to exempt property deals from 15% VAT is expected to maintain momentum in the residential mortgage market in the kingdom.

In another move expected to encourage first time home buyers and support the Vision 2030 goal of increasing homeownership, the government has also scrapped the tax from first-time home-buyers of properties worth up to SAR 1 million.

Read our Q3 2020 KSA Real Estate Market report to find out more.

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