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Realtors expect a correction in rentals

2013-02-19 09:41:57| Real Estate - Topix.net

Muscat : Real-estate players in Muscat expect the spiralling upward trend of commercial space to be reversed in 2013 since rental prices are likely to drop by 40 per cent from their peak rates in 2007-2008. In the case of residential units, the rents are expected to fall by 10 to 15 per cent in some areas of Muscat this year.

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