Abstract
This paper aims to examine the relationship between real estate development in Saudi Arabia and a funding programme established by its government for increasing the housing stock. A descriptive analysis of recent activities in housing production shows that the programme has become a highly profitable vehicle for real estate investment, and yet nowadays the real estate business is facing some problems. It is suggested that a new orientation towards large-scale estate developments is needed to alleviate the difficulties. The results of a feasibility assessment of such a case using the funding programme corroborate this suggestion based on investment return.
| Original language | English |
|---|---|
| Pages (from-to) | 157-168 |
| Number of pages | 12 |
| Journal | Construction Management and Economics |
| Volume | 5 |
| Issue number | 2 |
| DOIs | |
| State | Published - Sep 1987 |
Keywords
- Real estate
- Saudi Arabia
- feasibility
- funding programmes
- housing
ASJC Scopus subject areas
- Management Information Systems
- Building and Construction
- Industrial and Manufacturing Engineering
