July 16, 2019 Today’s Paper
  • Bahrain
  • Kuwait
  • Oman
  • Qatar
  • Saudi Arabia
  • UAE
  • Countries News:

12.8% increase in residential land allocation in Oman

Oman - December 26, 2018

The Ministry of Housing in Oman has allotted a total of 32,876 residential plots across the Sultanate till the end of November 2018, which is an increase of 12.77% over the same period last year.

Among various governorates, residential housing plot allotments in the Governorate Al Dakhiliyah registered the highest, with about 7,933 plots were allotted in Al Dakhiliyah during the January-November period of 2018, up by 1.5%, compared to 7,816 plots in the same period of 2017.

Residential plot allotments were the lowest in the Governorate of Musandam, with just 13 plots allotted during the 11-month period of 2018, declining 98.95% over the same period of last year.

The Governorate of Al Dhahirah witnessed a phenomenal growth of 217.47% in plot allotments, at 5,943 plots. In addition, plot allotments rose by 9.89% and 75.76% to 3,434 plots and 5,257 plots in the governorates of South Al Sharqiyah and North Al Sharqiyah, respectively. Housing plot allotments in the Governorate of Muscat and the Governorate of North Al Batinah increased by 5.30% and 8.04% to 2,680 and 779 plots, respectively, during the 11-month period under review.

Residential plot allotments were down by 17.53% in the Governorate of Dhofar (1,101), 93.80% in Al Buraimi (72), 5.66% in South Al Batinah (5,036), and 37.57 in the Governorate of Al Wusta (628) till the end of November 2018 compared to last year. The Ministry of Housing allotted 30,995 housing plots in 2017.

Share this page

x
Join our and be

Keep up with the latest market trends, offers, news, view and how-tos through our newsletter.