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Real Estate Oman Newa

Better Homes is the region’s premier real estate company with more than two decades of expertise in the Middle East. We are also one of the leading real estate companies in Oman particularly in Muscat, with a team of professionals available to serve all your property needs.

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Real Estate Oman Newa

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  1. COLUMN: Affordable Housing in Oman - a Growing Issue Real Estate Oman

  2. According to the "Facts about Omani households" report released recently by the National Centre for Statistics & Information, the average monthly Omani household income has risen from $1,660 in 2000 to $3,050 in 2011. However, this needs to be set against an average household size of 7.5 people, which has decreased from an average of 9 people per household in 2003. Recent government efforts to address unemployment amongst Omani nationals, coupled with significant increases in minimum salaries have helped to underpin sharp growth in the average incomes of Omani households. Despite this, government statistics indicates that salaries for Omani nationals are generally limited with few individuals earning in excess of $2,500 per month.

  3. The "Facts about Omani households" report also states that home ownership among Omani households has increased to 83 percent within the Sultanate, underscoring the strong desire from the native population to own, rather than rent their homes. Furthermore, Cluttons has experienced a strong and clear demand for Omani nationals to live in detached villas rather than more efficient apartments or townhouses, mirroring trends recorded elsewhere in the Gulf. Unlike markets in Europe and North America, there is no evident "property ladder." Real Estate Oman

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