Low Cost Housing Demand Presents Growth Potential

While Bahrain's property market suffers from the same issues of investor apathy and oversupply affecting much of the region, there nonetheless exists a strong demand for low-cost housing construction. An over-emphasis on mid to high-end construction during the property boom has brought about a shortage of low income housing, according to reports, with some 47,000 Bahraini nationals on waiting lists for government housing. BMI notes that while the social housing sector presents significant potential for growth, whether or not this demand is met will depend on the Bahrain government's ability to successfully engage the private

To read the full article, please choose one of the following options: