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Support for government streamlining real estate developments in Saudi Arabia 2016

Opinion of real estate professionals on how the government can help improve the upcoming increase in real estate developments in Saudi Arabia as of January 2016*

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Release date

June 2016


Saudi Arabia

Survey time period

January 2016

Special properties

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

Supplementary notes

* Original question: "In anticipation of an upswing in real estate developments, what do you suggest the Government or authorities need to do to streamline the process of developments?"

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.

PPP: public-private partnership

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