Category: Real Estate

Real Estate
Port Sultan Qaboos
Omran announces ‘Oman Marketing Inc’ initiative

To increase levels of collaboration within the real-estate & tourism sectors, the Oman Tourism Development Company (Omran) has announced the ‘Oman Marketing Inc’ initiative that will act as a Think Tank to bring together Oman’s marketing and communication professionals and executives operating within the real-estate & tourism sectors in order to explore ideas and means of improving and consolidating the current marketing efforts across the Sultanate.

Real Estate
Traded value of real estate in Oman surges 43.2%

Total traded value of real estate in the Sultanate this year stood in excess of OMR 3.81 billion at the end of November 2015, reflecting a growth of 43.2 per cent, against OMR 2.66 billion recorded in the same period in 2014, according to data released by the National Centre for Statistics and Information (NCSI).

Real estate deals in Oman topped OMR395 million

A total of 36,616 transactions worth OMR395,434,390 were conducted in the real estate sector during November 2015, Abdallah bin Salim Al Makhini, Secretary of the Real Estate Registry at the Ministry of Housing has said.

Muscat street
Real estate trading in Oman surges ahead to OMR3.4b

Total traded value of real estate activity in the Sultanate reached OMR3,420.1 million by the end of October, reflecting a 40.7 per cent rise, compared with the same period in 2014, data from the National Centre for Statistics and Information (NCSI) revealed.

Real Estate
Good quality buildings last longer

Most real estate properties last decades; therefore developers and investors must take a long term view of sustaining the quality of properties. In Muscat, there are landmark properties, which are popular even today, although they are more than 30 years old.