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Commercial and residential prices push Oman real estate index higher by 17.3%
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Commercial and residential prices push Oman real estate index higher by 17.3%
Muscat: According to data released by the National Centre for Statistics and Information, the commercial real estate price index rose by 14.6 per cent, driven primarily by a 19 per cent surge in commercial land prices. Industrial land prices also posted growth of 5.5 per cent, while retail shop prices declined by 8.5 per cent during the same period. The residential property market recorded even stronger performance, with the residential price in…
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