Mubasher: Kuwait’s real estate market liquidity amounted to KWD 101.65 million within 10 days, from 29 October until 9 November 2017, according to the country’s Ministry of Justice – Real Estate Registration and Authentications Department data.
In the first week of November, 100 real estate contracts were registered with a total of KWD 48.94 million, as well as another 4 contracts for private residential property with a total of KWD 1.36 million, bringing the overall real estate deals to KWD 50.3 million, the government agency said.
In the second week of the month, 48 contracts of private residential property were registered with a value of KWD 14.33 million, 13 investment contracts with KWD 5.49 million, two commercial contracts with KWD 20.72 million, as well as another two contracts amounted to KWD 1.25 million, bringing the overall contracts to 65 with a total of KWD 41.79 million.
The second week of November also saw property trading of KWD 51.35 million from the registration of 20 private residential property across the country with a value of kWD 9.56 million.
