Bahrain: Property transaction volumes surge during Q1
- Date: 19-May-2021
- Source: Gulf Insider
- Sector:Real Estate
- Country:Bahrain
Bahrain: Property transaction volumes surge during Q1
Bahrain has witnessed solid growth in property transaction volumes for the first quarter which rose by 36% to hit $600 million, compared to the last year’s figures of $440 million, according to data released by Bahrain’s Survey and Land Registration Board.
These figures represent a boost of more than a third compared to the same period last year when numbers were just over $440 million.
According to the report, just under 3,000 properties were sold across the kingdom during the first three months, up 51% over last year, which reached just under 2,000.