Over 105K apartments lie vacant, Real estate facing tough time – ARAB TIMES – KUWAIT NEWS – Arab Times Kuwait English Daily

kuwait apartments vacant real estate
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Over 105K apartments lie vacant, Real estate facing tough time – ARAB TIMES – KUWAIT NEWS – Arab Times Kuwait English Daily

‘Hawalli Governorate tops list of empty apartments’

KUWAIT CITY, July 1: Real estate statistics show more than 105,000 apartments lie vacant in various regions of the country, most of which are in the Hawalli Governorate. The statistics issued by the Public Authority for Civil Information (PACI), a copy of which has been obtained by the Al-Seyassah daily show the total number of apartments in all governorates is about 346,752, of which 105,897 were believed to be vacant until the end of December 2020, which means that about a third of the country’s apartments are uninhabited.

According to the statistics, the Hawalli Governorate tops the list of empty apartment among all governorates in terms of the number of residential apartments with a total of 142,951, including 40,514 vacant apartments, while the Ahmadi governorate is ranked second in terms of the number of inhabited or vacant apartments, with a total of about 89,000. The Farwaniya governorate came in third place with a total of 82,293 apartments, of which 18,990 are vacant; in fourth place is the Capital governorate with a total of 15,303, including 4,755 vacant apartments.

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