Housing plot allotment rises by 18.51% in Dec 2018

MUSCAT: The Ministry of Housing allotted a total of 36,733 residential plots across the country till the end of December 2018, which is an increase of 18.5 per cent over the same period last year. Among various governorates, residential plot allotment was the highest in the Governorate of Al Dakhiliyah, with about 9,037 plots allotted during the January-December period of 2018, up by 9.1 per cent compared to 8,283 plots in the same period in 2017.
Residential plot allotment was the lowest in the Governorate of Musandam, with just 15 plots allotted during the 12-month period of 2018, declining 98.78 per cent over the same period last year.
Governorate of Al Dhahirah witnessed a phenomenal growth of 212.43 per cent in plot allotment, at 6,005 plots. In addition, plot allotments rose by 28.83 per cent and 71.57 per cent to 3,856 plots and 5,859 plots in the Governorates of South and North Al Sharqiyah, respectively.
Meanwhile, housing plot allotments in Muscat, Al Batinah South, Al Buraimi and Al Wusta fell by 3.22 per cent and 5.15 per cent, 46.94 per cent and 30.53 per cent to 2,979 plots, 5,692 plots, 624 plots and 726 plots, respectively, during the 12-month period under review.
Residential plot allotments rose by 2.89 per cent in Dhofar (1,138) and 7.94 per cent in Al Batinah North (802) till the end of December 2018 compared to last year. The Ministry of Housing allotted 30,995 housing plots in 2017.
— ONA