Saudi Arabia Real Estate Boom to Extend Into 2025: CBRE (Video)

The video discusses the growth of the real estate sector in Saudi Arabia, driven by economic factors such as GDP growth, interest rate cuts, and government investment. It highlights the impact of the RHQ program on commercial real estate, particularly in Riyadh, where office demand and rents are rising. The residential market is also expanding due to population growth and an influx of expats, leading to increased property transactions and prices.

What is the expected GDP growth rate for Saudi Arabia in 2025?

• 2.3%

• 5.8%

• 4.4%

• 1.4%

How has the RHQ program affected office space demand in Riyadh?

• No change in demand

• Demand shifted to Jeddah

• Decreased demand

• Increased demand

What is the current occupancy rate for office spaces in Saudi Arabia?

• 85%

• 75%

• 90%

• 98%

What factor is primarily driving the residential real estate market in Saudi Arabia?

• Decrease in population

• Influx of expats

• Reduction in property prices

• Decrease in foreign investments

By how much did the average price of villas in Riyadh increase over the last 12 months?

• 4%

• 7%

• 5%

• 3%