Activity in Bahrain’s off-plan property market during the second quarter was at a ‘standstill’ as demand and investor confidence hit new lows, a new report said on Wednesday.
With more than 8,000 units coming onto the market in 2009, and nearly double this in 2010, together with a shrinking expatriate population and project delays, real estate adviser CB Richard Ellis said in its quarterly report on Bahrain that the "precise demand-supply dynamics will be unclear for some time".
arabianbusiness.com
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