Jeddah property outlook ‘positive’ despite fall in prices
LONDON: The long-term outlook for Jeddah’s property market is “positive” despite a 6 to 8 percent drop in sale prices last year, according to a report by KPMG.The Saudi city is expected to receive an additional supply of around 20,000 residential units in 2019–2020, an addition of 2.5 percent to the current stock of about 810,000,…