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Residential construction market size to reach QR45bn in 2024

Doha, Qatar: According to several analysts in the country, the residential construction market size is anticipated to amount to $12.39bn (QR45.11bn) i.

Qatar s residential units stock for Q1 hits 304,715

Qatar s residential units stock for Q1 hits 304,715 DOHA, 11 hours, 37 minutes ago Qatar s residential units stock for the first three months of the year stood at 304,715, with the addition of 1,700 apartments and villas during the period, according to UAE-based consulting firm ValuStrat.    Some 6,300 units are currently in the pipeline for the remaining quarters of 2021, it stated.    The median transacted ticket size for residential houses was QR2.7mn, increased by 3.4% quarterly and 6.8% annually, added the report.   According to ValuStrat, the apartment supply consisted of 1,650 units coming from project handovers in Lusail (Fox Hills and Marina District), The Pearl, Al Dafna, Mirqab Al Jadeed and Fereej Abdul Aziz.

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