Justice Department earns 14.2M through real estate sales in 9 days
During the first nine days of June, the Ministry of Justice's auctions saw the sale of 19 properties out of 46 listed, totaling 14.2 million Kuwaiti dinars, with a success rate of 41.3%. The largest deal took place in Al-Farwaniya Governorate, where a commercial complex covering 564 square meters was sold for 3.72 million Kuwaiti dinars. The Salmiya area also experienced a significant price increase of 107.8% for a residential property, while areas such as Omariya and Riggai witnessed notable rises in real estate prices. Regarding transactions, a total of 88 deals were conducted during the week, valued at 124.8 million Kuwaiti dinars, with various explanations given for postponements and cancellations.
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