Oman housing: 13.5% rise in residential plot allocations in Muscat Governorate

Business Sunday 04/December/2016 20:32 PM
By: Times News Service
Oman housing: 13.5% rise in residential plot allocations in Muscat Governorate

Muscat: There has been a 13.5 per cent rise in the number of residential plots granted by the Government in Muscat Governorate in the first 10 months of 2016, according to the latest National Centre for Statistics and Information (NCSI) bulletin.
However, during the period, the total number of residential plots issued by the Government across governorates declined 11.5 per cent to 27,363 from 30,917 plots granted in 2015.
The greatest rise in the number of issued residential plots was recorded in the Governorate of Musandam, with the number of issued plots going up to 272 from last year’s 28, logging a rise of 871.4 per cent. In contrast, the Governorate of Dhofar saw a sharp 56.5 per cent fall in the number of issued residential plots at 1,174, as against 2,701 plots granted last year during the 10-month period.
The number of plots issued rose 13.5 per cent to 1,986 in the Governorate of Muscat compared with 1,750 granted by the end of October 2015 while the Governorate of Al Buraimi recorded a 46.2 per cent growth with 421 plots against 288 plots issued last year.
The Governorate of A’Dakhiliyah issued 5,095 residential lands, which is 14 per cent down from last year’s 5,934 plots. North Al Batinah Governorate granted 3,173 lands (a rise of 4.2 per cent) while the South Al Batinah Governorate granted 4,614 plots (a fall of 18.4 per cent).
Both the Governorates of North and South A’Sharqiyah registered a fall in the number of granted residential lands at 0.6 per cent and 17.9 per cent, with issued plots declining to 4,115 and 1,890 respectively.
The Governorate of A’Dhahirah on the other hand registered a 314.8 per cent rise in the number of granted residential lands at 3,887 as against 937 lands allotted last year. The number of residential lands granted in the Governorate of Al Wusta went up to 736, marking a 76.9 per cent growth over last year’s 416 residential plots issued.