During the first 10 days of October, 184 real estate transactions totaling about KD 131.97 million were reported nationwide. The private real estate industry accounted for 75.5 percent of the deals, with 139 transactions totaling KD 65.22 million, or 49.4 percent of the total value of trades during this time, according to statistics from the Real Estate Brokers Union.
With 38 transactions totaling KD 33.22 million, the investment real estate market came in second. With four deals totaling KD 26.2 million, the commercial sector came in third place. The crafts sector came in second with two deals worth KD 2.53 million, and the exhibitions sector came in last with one deal worth KD 4.8 million.
With 60 transactions (42 in the private sector and 18 in the investment sector), the Ahmadi Governorate had the most deals, followed by the Capital with 35 (32 in the private sector, 2 in the investment sector, and 1 in the commercial sector). With 28 deals, Farwaniya came in second (20 in the private sector, 5 in the investment sector, 2 in the commercial sector, and 1 in the craft sector).
Mubarak Al-Kabeer had 18 deals (15 in the private sector and one each in the investment, craft, and exhibition sectors), compared to 26 deals for Hawally (14 in the private sector, 11 in the investment sector, and one in the commercial sector). Lastly, Jahra closed 17 transactions, 16 of which were in the private housing market and one in the investment sector.