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Showing posts with the label Middle East backlog

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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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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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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Moladi reduces high costs of conventional building techniques through new technology

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Moladi reduces high costs of conventional building techniques through new technology Moladi reduces high costs of conventional building techniques through new technology New moladi construction technology Africa is a rapidly urbanising continent, which according to the UN Habitat, is increasing at a rate of 230,000 people who are moving into cities across Africa each week. Currently, sub-Saharan Africa alone has an estimated housing deficit of 30 million units and every year, the backlog of houses across Africa’s 54 countries collectively increases by 4 million houses. With the population of the African continent expected to reach a staggering 2 billion people by 2050, almost twice the population number estimated in 2010, it is a stark reality that every year, there will be more and more people needing homes, over and above the current demand.  reduce cost of housing construction Although the extensive and many complex difficulties, relating to the delivery of a...
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