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RIYADH: Riyadh offices have hit 96 percent occupancy, reaching the highest level in five years, as the Saudi capital witnessed a massive surge in the number of foreign business licenses. According to the latest analysis by real estate consultancy firm Knight Frank, most of the prime office buildings in the city are now experiencing an unprecedented level of demand. “Businesses
Riyadh home prices grow at fastest rate in 5 years, making it difficult for young to buy
House prices in Saudi capital Riyadh have risen at their fastest pace in the last 5 years, with apartments posting a 20% growth in sales prices and villas an 18% jump, mainly buoyed by the government’s programmes to boost home ownership, said an expert.
RIYADH: House prices in Riyadh are skyrocketing at their fastest pace in five years, as apartment prices witnessed a growth of 20 percent in the last 12 months, according to recent research carried out by Knight Frank. “This significant growth is not without its consequences. Demand is showing signs of being stymied as households find themselves needing to save for longer