Kuwait real estate contracts surge by 37% in January ’24

Kuwait real estate contracts surge by 37% in January ’24

KUWAIT CITY, Feb 7: The total value of real estate contracts registered with the Ministry of Justice during January 2024 was about 268.16 million dinars, rising by about 37.02% from its level in the previous month of 195.71 million dinars, reports Al- Seyassah daily. Statistics issued by the Real Estate Registration and Documentation Department at …

<p>The post Kuwait real estate contracts surge by 37% in January ’24 first appeared on ARAB TIMES - KUWAIT NEWS.</p>KUWAIT CITY, Feb 7: The total value of real estate contracts registered with the Ministry of Justice during January 2024 was about 268.16 million dinars, rising by about 37.02% from its level in the previous month of 195.71 million dinars, reports Al- Seyassah daily. Statistics issued by the Real Estate Registration and Documentation Department at the Ministry of Justice indicated that contracts for 411 properties were traded during the past month. Trades were distributed among the six governorates, led by private real estate. This is 309 properties worth 141.38 million dinars, investment real estate with about 91 properties worth 76.91 million dinars, then commercial real estate with 8 properties worth 43.2 million dinars, two properties in the craft sector worth 4.55 million dinars, and a property