Property prices fly by 40 percent in Saudi Madinah

2013-12-17 08:06:34

(MENAFN) Property sector saw 40 percent rise in prices in Madinah, Saudi, what made investors call for the unjust measures, according to Arab News. Ahmed Al-Dibaikhi, board chairman of Ahmed Al-Dibaikhi for Real Estate Investment, said developmental projects in the city will make more liquidity as owners of expropriated properties will be paid compensation. Liquidity in prices will provide more demand for land and properties for more than available resources.

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.

Property prices fly by 40 percent in Saudi Madinah

More Story