Tag: new rent in kuwait
Rent values fall by 13 percent and Tens thousands flats are vacant
There are currently 49,130 empty flats in Kuwait and 26,466 others under construction; thus more than 75,000 units need to be “absorbed” by the domestic property market in 4-5 years, according to the Kuwait Real Estate Union.
Rent reduction in Salmiya and Sulaibikhat
According to an investigative report conducted by the daily, rents of apartments in Kuwait have dropped by up to KD 100 in various areas depending on several factors related to the location and type of the apartment.
