Damascus Real Estate Report 2011

650.00 dollars  Price for subscribers of The Syria Report 455.00 dollars

The Damascus Real Estate Report, a survey produced jointly by The Syria Report and Frontier MEA, a UK-based research and advisory firm with wide experience in the real estate and hospitality sectors, provides an overview of the Damascus Residential, Office and Retail segments as of January 2011.
 
This 82-page document includes data on sale and rental prices, construction costs, a macroeconomic, demographic and legislative overview of Syria and Damascus, a demand and supply analysis, plus profiles of 17 districts and 22 major projects planned or under development in and around Damascus. (see table of contents below)
 
The report features graphs, charts, maps and tables and provides an analysis of past trends and of future projections. It is a valuable tool both for investors and developers, as well as suppliers, contractors or consultants seeking to gain an introductory understanding of the Damascus real estate market.
 
This off the shelf report is the first joint effort by The Syria Report and Frontier, and combines the unparalleled market knowledge of The Syria Report with the extensive experience of Frontier in the production of feasibility studies and market research in the real estate and hospitality sectors in the Middle East and North Africa region.
 

TABLE OF CONTENTS
 
EXECUTIVE SUMMARY

SECTION A-DAMASCUS AND SYRIA
 
1. Macroeconomic environment
1.1 Summary
1.2 Historical development
1.3 GDP growth
1.4 Key sectors
1.5 External trade
1.6 Inflation
1.7 Currency and monetary policy
1.8 Employment and unemployment
1.9 Foreign direct investment
1.10 Role of public sector in economy
1.11 Role of Damascus in economy
1.12 Contribution of real estate to GDP
 
2. Legislative environment
2.1 Summary
2.2 Key government entities related to real estate
2.3 Principal legislation related to real estate
2.4 Usage licensing
2.5 Brokerage legislation
2.6 Lease and contract registration
2.7 Corporate taxation
 
3. Damascus overview
3.1 Summary
3.2 History and layout
3.3 Demographics
3.4 Utilities and infrastructure
3.5 Transportation

 
SECTION B - REAL ESTATE MARKET AND DISTRICT PROFILES
 
4. Residential property
4.1 Overview
4.2 Supply analysis
4.3 Pricing
 
5. Office property
5.1 Overview
5.3 Supply overview
5.6 Main office buildings
5.4 Key types of office tenants
5.5 Pricing
 
6. Retail property
6.1 Overview
6.2 Supply analysis
6.3 Key districts
6.4 Pricing
 
7. Construction cost data
7.1 National level
7.2 Damascus level
 
8. Profiles of key districts
8.1 Central Damascus
8.2 Greater Damascus
8.3 Mazzeh East
8.4 Mazzeh West
8.5 Mazzeh Autostrade
8.6 Abou Romaneh
8.7 Malki and West Malki
8.8 Harasta
8.9 Jdeideh
8.10 Yaafour
8.11 Kafar Sousseh
8.12 Old City
8.13 Baramkeh
8.14 Dummar
8.15 Mazraa
8.16 Qassaa
8.17 Saroujah-Salhieh
 

SECTION C-PROFILES OF MAJOR PROJECTS
 
CHARTS
Chart 1.1, Real GDP growth, Syria 2001-10
Chart 1.2, Real GDP growth, selected countries, 2001-10
Chart 1.3, Breakdown of GDP by sector 2009
Chart 1.4, Exports and imports, 2005-8
Chart 1.5, Top ten sources of imports by country, 2009
Chart 1.6, Top ten export markets by country, 2009
Chart 1.7, Consumer Price Index (CPI), 2005-2009
Chart 1.8, Inward FDI flows, Syria, 2002-9
Chart 1.9, Inward FDI flows, selected countries, 2003-9
 
Chart 3.1, General map of Damascus
Chart 3.2, Historic and forecast urban population as % of total population, Syria, 1980-2020
 
Chart 4.1, Annual residential licenses issued in Damascus and as proportion of national total, 2003-9
Chart 4.2, Annual residential licenses issued in Damascus and as proportion of total licenses in Damascus, 2003-0
Chart 4.3, Annual residential stock in Damascus and as a proportion of total national residential stock, 2005-9
Chart 4.4, Average residential rental rates, Damascus, 2010
Chart 4.5, Average residential sales rates, Damascus, 2010
Chart 4.6, Average office rental rates, Damascus, 2010
Chart 4.7, Average offices sales prices, Damascus, 2010
 
Chart 6.1, Retail rental rates for selected areas, Damascus, 2010
 
Chart 7.1, Expenditure on raw materials for completed buildings in Syria, 2007-2009
Chart 7.2, Expenditure on wages for completed buildings in Syria, 2007-2009
Chart 7.3, Expenditure on dues for completed buildings in Syria, 2007-2009
Chart 7.4, Expenditure on land for completed buildings in Syria, 2007-2009
Chart 7.5, Combined expenditure on completed buildings in Syria, 2007-2009
Chart 7.6 Expenditure on land as a proportion of completed buildings in Syria, 2007-2009
Chart 7.7, Total expenditure on materials and wages in Damascus and Rural Damascus, 2007-2009
Chart 7.8, Average framework costs for private and public sector residential units in Damascus and Rural Damascus, 2007-2009
Chart 7.9, Average finishing costs for private and public sector residential units in Damascus and Rural Damascus, 2008-2009
Chart 7.10, Cost of public sector residential units, 2007-2009
Chart 7.11, Cost of conventional private sector residential units, 2007-2009
Chart 7.12, Cost of well-finished private sector units, 2007-2009