CONSTRUCTION NEWS
Oman's housing plot allotment down 37.4pc in May
Jul 8, 2019 11:25 AM
Oman s Ministry of Housing had allotted a total of 10 925 plots for residential properties across the country till the end of May compared to 17 447 plots for the same period last year thus registering...
Oman's Ministry of Housing had allotted a total of 10,925 plots for residential properties across the country till the end of May, compared to 17,447 plots for the same period last year, thus registering a 37.4 per cent drop, according to statistics released by the National Centre for Statistics and Information (NCSI).
Ad Dakhliyah was allotted a total of 3,127 residential lands, the highest among governorates. This was followed by Muscat with about 1,537 properties, Ash-Sharqiyah North with 1,431, Ash-Sharqiyah South with 1,141, and Al Buraymi with 1,104 properties allotted till the end of May 2019, stated the NCSI report.
The governorates of Al-Batinah South, Musandam, Al-Batinah North (except Sohar), Al-Wusta, and Dhofar were allotted 1,103, 470, 391, 284, and 224 residential properties, respectively. Adh-Dhahirah was allotted 113 properties, which is the lowest among governorates, it added.
Meanwhile, the governorates of Muscat, Musandam and Al-Buraimi witnessed a phenomenal increase in the number of lands allotted till the end of May 2019 compared to the same period last year.-TradeArabia News Service