Comprehensive real estate index in Oman likely in few months

Muscat: National Centre for Statistics and Information (NCSI), in coordination with the Ministry of Housing and Oman Real Estate Association, is planning to introduce a comprehensive real estate price index, which is against an earlier proposal for a simple index.

"The trend has changed from price index to a comprehensive project, which will be designed by NCSI. This will be available through mobile application for those who want to use it," said Eng Mohammed Salim Al Busaidi, Chairman of the Oman Real Estate Association (ORA).

This will be launched in few months, he said, adding that it will be a big leap in providing real estate information in Oman.


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