Turn on more accessible mode
Turn off more accessible mode
Home
|
Media Center
|
Careers
Personal
Accounts
Loans
eBanking
NRI Business
Other Services
Corporate
Corporate Banking
International Banking
Syndicated Loans
Trade Finance
Long Term Finance
Working Capital Facilities
SMEs Facility Application – Law (2) – 2021
Investor Relations
Our Strategy
Financials
Financial News
BBK News
Local & Global Market
Shareholder's Queries
Customer Service
Branch Timing
Request for Support
Security Center
FAQ
Tutorials
Contact Us
About Us
About Us
BBK Network
Subsidiaries
Board of Directors
Executive Management
Divisions
Corporate Governance
Awards
BBK awarded for distinguished Corporate Governance practices
Bahrain’s pioneer in commercial and retail banking
BBK wins first place for excellence in Corporate Governance practices
BBK wins Bahrain eContent Award
BBK newsletter
CINET
BBK Press releases
Latest News
Archives
Financial News
Latest News
Archives
Internet Banking
Retail login
Help
|
Alert
What do you want to do?
Select here
Access Retail Internet Banking
Home
Media Center
Financial News
Archives
Archives
26-10-14
Qatar's real estate transaction value hits USD10.21b in 9M
(MENAFN) The value of Qatar's real estate transaction increased by 15.2 percent to reach USD10.21 billion during the January-September period of this year, compared to USD8.86 billion recorded during the same period last year, while the value of transactions during the July-September period reached USD3.10 billion, increasing 6.6 percent compared to the same period in 2013, The Peninsula Qatar reported.
In terms of quarters, the first quarter registered the biggest surge, with the total volume of real estate transaction in it growing by 35.2 percent compared to the first quarter of last year, while the volume of transaction grew by 8.5 percent during the second quarter compared to the same quarter of last year.
In terms of months during the first nine of this year, July registered a significant growth in the value of transaction, with the value reaching USD1.86 billion during that month, which is up 23.6 percent compared to July 2013, but January registered the biggest value, when the value of transactions hit USD1.31 billion, an increase by 71.8 percent compared to the same month in 2013.
However, the trade value fell to USD795.99 million in February, down 6.5 percent compared to the same month in 2013, before rebounding to USD1.15 billion in March, up 44.8 percent compared to the same month in 2013.
"Qatar's real estate sector is witnessing an exponential growth. The transaction value of the country's real estate sector is expected to grow by 30 percent by the end of this year," Al Sharq, which released a report regarding this topic, was quoted saying in that report.
View complete sitemap
Personal
Accounts
Loans
Mortgage
eBanking
ATM
Internet Banking
SMS Banking
NRI Business
Other Services
Corporate
Corporate Banking
International Banking
Syndicated Loans
Trade Finance
Long Term Finance
Working Capital Facilities
SMEs Facility Application – Law (2) – 2021
Investor Relations
Our Strategy
Financials
LCR Reports
Financial News
BBK News
Local & Global Market
Shareholder's Queries
Customer Service
Branch Timing
Request for Support
Security Center
FAQ
BBK tariffs
Tutorials
Customer Protection
Contact Us
About Us
About Us
BBK Network
Subsidiaries
Board of Directors
Executive Management
Divisions
Corporate Governance
Follow us