Tuesday , October 17 2017

Tag Archives: rent

Rent increase – Approach Rental court if the landlord increases the rent before the expiry of current contract

I am staying in a 1-bedroom, hall, kitchen flat and the contract will expire on June 30, 2017. Please advise what maximum rent can be increased as I am paying rent KD 180 and other people renewed their contract at KD 260; if the landlord increases the rent from KD …

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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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Owners of some Salmiya, Hawalli buildings cut rent

KUWAIT CITY, Dec 28: Owners of some investment buildings in Salmiya and Hawalli areas have started reducing their rent and two-bedroom flat— for the first time in many years, has gone down to KD 300 and below, reports Arab Times daily. Lute The daily quoting sources pointed out that most …

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New Parliament urged to work on reducing flat rent – Rollback eyed on petrol prices

KUWAIT CITY, Dec 14: In this week’s Arab Times online poll, readers weighed in on the issues they would like the newly elected Members of Kuwait’s National Assembly to tackle. Half of the respondents would like to see apartment rents regulated. Kuwaiti voters cast their ballots to elect 50 lawmakers …

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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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Expats quit flats – Housing allowance cut affects ‘rents’

KUWAIT CITY, Oct 16: The decision to reduce the housing allowance of expatriate teachers from KD 150 to KD 60 has affected the rental fees for flats or apartments, in addition to the expectation of real estate experts on reduction of rents by about KD 50, reports Al-Rai daily quoting …

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JASTA effects on Kuwait mulled – ‘Time to curb rising flat rents’

KUWAIT CITY, Oct 9: The government will form a team consisting of members from the ministries of Interior, Foreign Affairs and Finance in addition to the Fatwa and Legislation Department to follow up consequences of the Justice Against Sponsors of Terrorism Act (JASTA), reports Al-Jaridah daily quoting sources. Sources disclosed …

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House contract issue

I am living in a 2-bedroom apartment. My contract was signed on Nov 1, 2015. My monthly rent is KD 300 but now I want to move to another apartment. I informed the landlord on Sept 3, 2016 that I would vacate this apartment before Sept 25, 2016. I was …

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Drop in rents of apartments by KD 60 seen in last two months – Bloc objects to govt’s decision to hike fuel prices

KUWAIT CITY, Aug 25: A drop in the rents of investment apartments by about KD 60 has been witnessed in the last two months especially after the issuance of governmental decisions that affect tenants such as increase in electricity and water tariffs, and fuel prices, reports Al-Rai daily. In areas …

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