Amlak Newspaper Articles Mr. Abdulaziz Al-Issa writes: Market recovery is a catalyst for investment opportunities

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Many people talked during the past periods about the stagnation of the real estate market and the fog that surrounded it by the lack of clarity of vision on which investors settled to make the appropriate decision, and made them in the «wait and see» category that took a long time, until the new regulations came to put a clear boundary between the regulation of the real estate sector and its randomness, which we consider it still in a new maturity stage and foggy for many and the development of taxes, which will undoubtedly negatively affect the market and its growth process.

Now a new phase has begun that will cast a positive shadow on the sector, as life began to revive the market through readings, figures and figures.

Now a new phase has begun that will cast its positive shadows on the sector; as life began to revive the market through readings, figures and real estate deals that appear from time to time, and with the rise in the real estate index during the past period and the recovery of the value of deals during the month of Safar 1439 AH, which reached 17.4 billion riyals, exceeding the barrier of previous years, but supported the launch and exit of real estate auctions located in the tax range with the need for residential real estate.

Now a new phase has begun that will cast a positive shadow on the sector; as life began to revive in the links of the market through readings, figures and real estate transactions that appear from time to time.

Through our daily monitoring of the market reality, we find that prices have stabilized in some areas to approach the bottom to form the acceptable value at the ability to buy for the middle class of society and accept the desires of buyers and sellers together, Some legacy auctions for existing buildings were able to break the barrier of fear and caution from the owners, and this was followed by many deals and investment opportunities that were seized by real estate professionals, confirming that the real estate market is fine.

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On the other hand, there are more attractive opportunities in the stock market, with some companies" shares reaching low levels and offering annual returns.space">, some as high as 8%, and they accept a small investment of money that is within the reach of many, especially after the announcement that stocks, funds and portfolios are not subject to the value-added tax, The continuation of auctions for plans and land in the local market increases the supply in it and thus we expect to continue to drop prices, and the emergence of other investment opportunities as we mentioned in one of the previous articles will have a stronger and faster impact on the path of investment real estate, so it is necessary to correct the situation and direct it in the right direction by putting renewed antidotes to all distortions, which will have a positive impact on housing ownership according to Vision 2030.

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We hope that businessmen will continue to cooperate and ally to present, invest and create opportunities for the sector to enter a new phase of empowerment to return to support the national economy and that the exit from real estate by turning it into real estate funds or auctions is not the trend prevailing next stage.