Monday, 2 May 2011

Jeddah, Saudi Arabia

yesterday I was with one of my friend and he showed my a study on realstate in Saudi Arabia

in a city called Jeddah, it is simply a city like Sydney in Australia

I mean it the commercial capital city for the country

this is it is picture



The study conducted that the realestate demand increased 35% last year

This is really high increased just in one year!

I am thinking why the Australian investors do not go and buy there houses and building?

During my study time in Perth I have found that the realestate income in Saudi Arabia is much better than Australia

But maybe there are other problems stopped the Australian investors to have this kind of business there??

What do you think

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