Affordable Housing Gaining Ground in the Market
Majority of population in Saudi Arabia reside in rented accommodation as high land prices make it difficult for the developers to meet the price requirements of mid to low-end sectors of the society. According to a new report by RNCOS, “Saudi Arabia Housing Sector Outlook to 2017”, the above is creating a pricing difference between what the market is producing and what most purchasers can bear to pay for their housing. This had led to a huge demand for affordable...
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