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Showing posts with the label Bahrain

Low-cost homes developers - Gulf Middle East

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Low-cost homes spell new cash stream for developers Affordable property is set to be the next battleground for developers as wealthy Gulf states struggle to close a chronic housing shortfall for their populations, a report said Sunday. Affordable Housing System Developers are placing more emphasis on midmarket projects in a bid to tap into multibillion-dollar state spending plans, opening up a potentially lucrative revenue stream for debt –hit firms, real estate consultants Jones Lang LaSalle (JLS) said “We think that this is the greatest opportunity that the development industry has at the moment,” Craig Plumb, head of research, MENA at Jones Lang LaSalle, told Arabian Business. “Across the region there is a shortage. Because governments want to do something about it we would be expecting a lot more Gulf developers to be active in this sector of the market.” The Middle East and North Africa has an estimated affordable housing shortfall of 3.5 million with nearly half in Egyp...
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Bahrain Construction social-housing

$500m social-housing programme launched in Bahrain ConstructionWeekOnline.com Bahrain Construction social-housing - Backlog Diyar Al Muharraq, one of Bahrain's biggest mixed-use residential urban developments, is launching what it terms a ‘crafted affordable housing programme’ to address the Kingdom’s growing need for social housing. "The private sector has responded positively to the government of Bahrain's call for more low-cost housing,” said Kuwait Finance House (KFH)-Bahrain MD and CEO Abdulhakeem Alkhayyat. “Bahrain faces a shortage of affordable housing for the lower- and middle-income segments of the market, a situation that is not expected to show rapid improvement in the foreseeable future. “It is crucial that the public and private sector combine their efforts to accelerate the delivery of housing for these segments in the short to medium term,” said Alkhayyat. Keywords - Bahrain, Construction, social-housing, backlog, formwork construction, moladi, cast ...
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Huge demand for low-cost housing in Bahrain

Huge demand for low-cost housing in Bahrain : "Huge demand for low-cost housing in Bahrain" Whilst most sectors in the Bahrain real estate market continue to suffer from a supply-demand imbalance, there is considerable pent up demand for affordable housing, according to the latest property report from Cluttons Middle East. The latest figures from the General Organisation for Social Insurance (Gosi), which record the level of salaries receivable by insured workers show that 90 per cent of non- Bahrainis and 60 per cent of Bahrainis earn under BD400 ($1,061) per month. This constitutes 86 per cent of the total insured workforce. With average mortgage rates at around 9.5 per cent and loan to value ratios of 80 per cent, this demographic implies a large demand for low-cost housing units. 'Traditionally developers in Bahrain have focused on the mid to high income buyer demographic targeting the wider GCC market, particularly purchasers from Saudi Arabia,' the report ...
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For more on moladi

Housing construction costs in Yemen: Affordability & Purchasing Power - Middle East News

Housing construction costs in Yemen: Affordability & Purchasing Power - Middle East News : The substantial problem of a housing shortage is becoming an enduring feature in Yemen. All the same, the response to housing needs was hasty. Construction projects were executed using inappropriate and costly construction and design practices resulting in low-quality housing, causing further escalation in construction and housing costs to prices beyond the financial reach of the majority of the population in Yemen. A report by Dr. Basel Sultan.Improving the construction and housing sector is essential for several reasons. First for economic reasons, the performance of the construction & housing sector has a considerable influence on the overall economy where it contributes seven to 15 percent of the Gross National Product (GNP). Secondly, for social reasons, because housing is a basic human need. Third, for environmental reasons in order to reduce the consumption of resources, especially...
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Brick and Mortar vs. Injection Moulded Construction System - moladi

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Brick and Mortar vs. Injection Moulded Construction System - moladi moladi   Construction Process - Video Link Disrupting the Mould DISRUPTING THE MOLD   The inefficiencies of moulding a brick or block in a mould then tasking an artisan to lay them. Then chase the walls for water and electrical services. Then relying on another artisan to plaster the walls. Depending on the skills and ability of artisans to produce a house vs. casting a house in a mould employing unskilled workers – eliminating the need to chase and plaster, in a day, at a known cost. This we refer to as the moladi   "injection moulding construction process".  Future of Construction - World Economic Forum Brick production: Pollution and Carbon emissions - CO2  Brick production: Pollution and Carbon emissions - CO2  Molding or Moulding Process: Molding or moulding is the process of manufacturing by shaping liquid or pliable raw material using a rigid frame called a mold ...
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What is the cost to 3D print a house?

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What is the cost to 3D print a house? What is the cost to 3D print a house or rather the "walls" of a house? What is the cost to 3D print the walls of a house? Whenever there is a post regarding 3D printing of homes, we are tagged by friends and colleagues to respond to the advantages of moladi vs 3D Printing. We therefore want to make it quite clear that this post is published purely to summarise our take on the topic and to have the ability to reference these questions and statements without having to repeat what we see as inherent issues associated with the 3D printing process of houses. All of the numbers used for 3D printing cost purposes are assumed, as these cost are not readily available for the purpose of this cost example. We would invite any 3D printing entity to help with the actual numbers to take any guesswork out of the cost estimation. First 3D printing post in 2017:  3D Printing a house or is it in reality - 3D Printing Walls?    - Link The de...
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