Increase in land transactions through the white land tax in Saudi Arabia 2016

Expectations of real estate professionals on the increase of land transactions through the "white land tax" law in Saudi Arabia in 2016*

Download
Show detailed source information?
Register for free
Already a member?
Log in
Source

Use Ask Statista Research Service

Release date

June 2016

Region

Saudi Arabia

Survey time period

January 2016

Special properties

Real estate developers, investors, government bodies and other real estate professionals

Supplementary notes

* Original question: "Do you agree or disagree with the anticipated impact of the following related issues upon the implementation of the new law? - Increase in land transactions"

This survey was conducted to understand the reaction and sentiments of professionals in the real estate industry in Saudi Arabia regarding the newly introduced 'White Land Tax" law, as part of the governments 2030 agenda. The law is meant to tax unused land and plots in the urban areas of Saudi Arabia at a 2.5 % rate of their value, to encourage the development of more residential units to combat the housing shortage.

The report does not include the details of the survey.

Citation formats
Statista Accounts: Access All Statistics. Starting from $2,388 USD / Year
Basic Account
Get to know the platform

You only have access to basic statistics.
This statistic is not included in your account.

Starter Account
The ideal entry-level account for individual users
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references
$199 USD / Month *
Professional Account
Full access

Business Solutions including all features.

* Prices do not include sales tax.

Statistics on " Residential real estate in the Netherlands "

Other statistics that may interest you Residential real estate in the Netherlands

Overview

8

Construction

3

Property prices

8

Mortgages

7

Rental housing

6

Further related statistics

10
Statista Accounts: Access All Statistics. Starting from $2,388 USD / Year
Learn more about how Statista can support your business.