Real Estate Report • 2020 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Kuwait Finance House "KFH" Report On Local Real Estate Market Q3 Year 2020 Registered in the Literary Property Sector Bookmark Filing No: Edition No: 55/2020 Kuwait Finance House reserves the right to publish the general average price, area wise, depending on several indicators and actual sales as per KFH surveys. It is not permissible to quote, copy or transcript any part of the report wholly or partially without the prior written consent of the author (Kuwait Finance House). Violators shall render themselves liable for legal questioning. Kuwait Finance House Abdullah Al Mubarak Street, Murgab, Kuwait P.O 24989 Safat 13110 Kuwait Tel: +965 1800700 Fax:+965 22455135 Cable: BAITMAL KT
[email protected] www.kfh.com @kfhgroup Kuwait Finance House "KFH" Report On Local Real Estate Market Q3 Year 2020 Contents Introduction 07 First: Market Trends 11 Land Prices in Q3 2020 11 Real estate Sectors Trading Trends 12 Total Real estate Sales 13 Private Residence Trends 14 Investment Real estate Trends 15 Commercial Real Estate Trends 16 Second: Residential Projects 17 Third: Price Indicators 21 First: Private Residence Land Prices 21 Capital Governorate 22 Hawalli Governorate 24 Farwaniya Governorate 26 Mubarak Al Kabeer Governorate 28 Ahmadi Governorate 30 Jahra Governorate 32 Second: Investment Land Prices 33 Capital Governorate 34 Hawalli Governorate 35 Farwania Governorate 36 Mubarak Al-Kabeer Governorate 37 Ahmadi Governorate 38 Jahra Governorate 39 Annual rate of return on