Jeddah: 45,000 housing units needed

Published August 11th, 2005 - 05:18 GMT
Al Bawaba
Al Bawaba

The real estate investment in apartment buildings, villas and commercial centers rose in Jeddah despite the rise in cement prices, Al-Eqtisadiah newspaper has reported. In a recent field study, it was indicated that currently Jeddah needs 45 thousand housing units to face the large increase in population in the next seven years.