Bahrain: Real estate sector bounces back

Bahrain: Real estate sector bounces back

Survey and Land Registration Bureau (SLRB) President and Board of Directors Chairman of the Real Estate Regulatory Authority, Shaikh Salman bin Abdulla bin Hamad Al Khalifa, said that the volume of real estate trading had amounted to BD 717,436,872 in 2020 compared to BD 808,934,154 in 2019, marking a decrease of 11%.However, the sector bounced back during the second half of 2020, increasing by about 14% and 20% in the third and fourth quarters, respectively, the SLRB President said.Comments Read Next15 hours agoEnhanced Technology Adoption is key to Bahrain Real Estate's post-covid recoveryOctober 9, 2020Bahrain: RERA furthers legal action against Golden GateSeptember 10, 2020Bahrain: RERA suspends Golden Gate project's license for three monthsApril 29, 2020UAE: Rent, Property Prices Continue to Decline in Abu DhabiMarch 21, 2020Reclaiming Bahrain's Real Estate SectorMarch 20, 2020Dubai's Real Estate DilemmaDecember 25, 2019Bahrain: 38 People Cheated Out of 1 Million BHDSeptember 1, 2019Saudi: Expats Occupy About 73% Of Real Estate JobsAugust 21, 2019Bahrain: Nearly A Third Of Residential Properties VacantApril 8, 2019“Don't Buy Dubai Property Before Real Slump” – Mobius