Arab News, Monday, Dec 28, 2020 | Jamadi Al Awwal 13, 1442
Residential assets account for 71% of real estate appraisals in H1 202: TAQEEM
Saudi Arabia: The residential assets dominated 71 percent of
the properties appraised by the Saudi Authority for Accredited Valuers (TAQEEM)
during the first half of 2020, Al Madina Newspaper reported, citing Saleh
Alzowayeed, the authority’s public relations and communications manager.
He added that the commercial assets dominated 22 percent of the total evaluated
assets, while the combined warehouse and industrial assets accounted for 3
percent.
The number of entities which were granted the real estate appraisal licenses
doubled in less than two years, Alzowayeed said.