For the first time since its inception, the Indonesian government’s One Million Houses (OMH) programme has hit its goal of constructing at least 1m units per year, with 1.13m built in 2018 as part of efforts to reduce the country’s housing backlog.
Articles & Analysis | Planners strive to create efficient spaces amid rapid urban population growth worldwide from The Report: Bahrain 2019
In 2008, for the first time in history, more than half of humanity was living in urban areas. Perhaps the most remarkable observation about this trend is the speed at which it has happened: as recently as 1900 urban areas accounted for 13% of the global population. Towns and cities are seen as the crucibles of opportunity for many rural...
Articles & Analysis | Improved regulations and increase in affordable housing shore up Bahraini real estate sector from The Report: Bahrain 2019
Real estate development is a significant contributor to the Bahraini economy and 2017 saw the sector post its strongest growth rate in years, though activity slowed in the first half of 2018. Nevertheless, a major government initiative to expand the stock of affordable housing has stimulated activity in the sector. In addition, rising demand...
Interviews & Viewpoints | Mohammed Khalil Alsayed, CEO, Ithmaar Development Company: Interview from The Report: Bahrain 2019
How will the new Real Estate Regulatory Authority (RERA) affect the supply side of the market?
Articles & Analysis | Bahrain starts major infrastructure projects and enacts reforms to attract private investment from The Report: Bahrain 2019
A major contributor to employment and GDP, the Bahraini construction sector has continued to expand in recent years, despite slower regional growth. This performance continued into the first half of 2018 with an uptick in activity, supported by a series of major infrastructure projects, in part financed by neighbouring GCC states. Furthermore...
Interviews & Viewpoints | Sheikh Mohammed bin Khalifa Al Khalifa, CEO, Real Estate Regulatory Authority (RERA): Interview from The Report: Bahrain 2019
What is being done to ensure that private sector interests are given due weight in new regulations?