Saturday , March 24 2018

Tag Archives: apartment

Electricity contract cancellation while shifting of flat

Dear sir, I shifted my flat last month, I need to cancel the electricity contract in my name, can we go directly? I was staying in Abbassiya. Is Haris is required to cancel the electricity. Thank you. Name withheld Answer: Since the electricity contract is in your name, you can …

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Rent of apartments in Kuwait sees sharp decrease: survey

KUWAIT CITY, July 6: According to an investigative report conducted by the daily, rents of apartments in Kuwait have dropped by up to KD 100 in various areas depending on several factors related to the location and type of the apartment. In this regard, the Secretary General of Real Estate …

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Construction slowdown forces firms to cut number of workers

KUWAIT CITY, July 3: Recession has hit hard on the construction market due to suspension or completion of a number of construction projects including bridges as well as due to the snails’ pace in the distribution of housing which has caused the prices of construction materials to fall by 15 …

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Number of empty apartments increases from 20,000 to 37,000

KUWAIT CITY, May 30: With the fast-approaching summer and holiday seasons, the number of empty investment apartments in most parts of the country has been skyrocketing. Statistics reveal that this number, since the beginning of the year, has increased by 17,000 and many new buildings will enter the market shortly. …

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Ground floor tenants to vacate

I am living in the ground floor of a old building in Mangaf. Has there recently been a rule passed that all ground floor tenants are to vacate by April 25? Name withheld Answer: To the best of our knowledge, no such rule has been made and indeed we cannot …

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Old water tanks with unsafe drinking water

I want some information on increase in house rents in Kuwait. We are staying in Salwa in a mulhaq, the building is around 20-25 years old. We started staying in that mulhaq on July 1, 2006 when the house rent was KD 100. The building belongs to a real estate …

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Landlord has right to demolish building over 25 years

I live in Salmiya in an old building which consists of 3 floors but the condition of the building is very good. Our last contract was renewed in 2013 in which they increased our flat rent. All our contracts for this flat are renewed every year and we also have …

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Real estate experts see ‘reduction’ – ‘Adamancy to cling to desired prices will vanish’

KUWAIT CITY, Oct 21: The falling rents of apartments can no longer be considered as news; it is indisputable based on several facts. The new development is the reduction expected by the real-estate experts in the next two months to the extent that some owners could offer reduction of their …

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