Dubai housing prices soar at fastest rate since 2014
DUBAI: Dubai’s average residential property prices in the year through June increased by 16.9 per cent, the fastest growth in almost a decade, according to a report issued by property consultancy CBRE on Tuesday. Apartments and villas in Dubai, the major commercial hub in the United Arab Emirates, averaged 1,294 dirhams (US$352.3) and 1,525 dirhams […]
Housing prices to go up due to construction cost
KUCHING: Housing prices may rise due to the increase in construction cost, says director of Sim Swee Yong Development and Construction SB, Datuk Sim Kiang Chiok. Sim said that building cost index (BCI) compiled in Feb 2022 reported an increasing trend for the construction demands for steel bars and other supplies including aluminium, copper and […]
