Al-Enma’a Real Estate Company Auctions 16 Properties of Late Fahd Al-Raja’an

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KUWAIT CITY, May 4: Al-Enma’a Real Estate Company sold 5 properties consisting of 4 vacant lands and a villa, for a total value of 4.655 million dinars, in an auction during which it offered 16 properties belonging to the former Director General of Public Institution for Social Security (PIFSS), late Fahd Al-Raja’an, reports Al- Jarida daily.

The auction witnessed the sale of two vacant plots of land in Qurtoba, measuring 810 meters, one for 805.5 thousand dinars, and another for 787.5 thousand dinars. This is in addition to a villa in Yarmouk measuring 913 square meters located on a main street for 1.47 million dinars, compared to an initial price of 1.14 million dinars, an increase of 28.9%.

Also sold during the auction was a vacant land in Yarmouk, measuring 921 meters for 1.064 million dinars, in addition to a vacant land in Abu Fatira, measuring 500 meters including and a side yard for 528.5 thousand dinars.

This news has been read 13952 times!