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Kuwait property trading dragged down by land fee and war

By CityCalc Newsroom · Thu Jul 09 2026 · Source: AGBI

Kuwait’s real estate market slowed in the first half of the year, with the value of property deals down 13 percent year on year to KD1.63 billion ($5.3 billion). Prices fell after the finance ministry introduced an annual fee on March 1 of KD10 per square metre on undeveloped pr…

Kuwait’s real estate market slowed in the first half of the year, with the value of property deals down 13 percent year on year to KD1.63 billion ($5.3 billion). Prices fell after the finance ministry introduced an annual fee on March 1 of KD10 per square metre on undeveloped pr…

Curated by CityCalc from AGBI. Read the full article at the source.

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