29% rise in plots last year

Muscat: The number of planned land plots in the Sultanate reached 63,640 by the end of 2016, an increase of 29 per cent over the year 2015, when the number of planned land plots stood at 49,520.
The number of granted land plots was 36,811, down by 14 per cent from the year 2015, when the total number of granted land plots was 42,837.
The number of plots registered for the first time amounted to 55,140 according to data released by the National Centre for Statistics and Information (NCSI). The bulletin showed that the Governorate of Al Dakhiliyah received the largest share of the planned land plots in 2016 reaching 12,296 compared to other governorates.
The South Al Sharqiyah came in second place with 11,736 plots, followed by Al Dhahirah with 10,318 plots, North Al Batinah with 9,341 plots, followed by Muscat with 6,004 plots. The bulletin pointed out that GCC citizens owned 107,000 properties in 2016. Citizens of Kuwait ranked first with 481 properties, followed by UAE nationals with 425 properties, Saudi nationals with 62 properties, Bahraini nationals with 8 per cent and 84 properties followed by Qatari nationals by 5 per cent and 55 properties. One hundred and fifteen families benefited from housing assistance and the related amounts worth RO 2,778,879.
The number of housing loans provided by Oman Housing Bank in 2016 stood at 642,000 worth RO 70,084,900. The number of housing loans provided by the Ministry of Defence stood at 3,384 worth RO 45,658,629. The number of housing loans provided by Petroleum Development Oman (PDO) stood at 621 worth RO 44,110,248. — ONA