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Trading in Bahrain’s realty market surges by 45% in last 9 months

Official figures released by the Survey and Land Registration Bureau (SLRB), showed that trading in Bahrain’s real estate market rose by 45% over the past nine months, compared with the same period last year. According to the figures, the overall trading in the real estate sector topped a record BD1.008.203.404, from January up to late September 2014, Construction Week Online reported. SLRB President Shaikh Salman bin Abdulla Al-Khalifa described the real estate boom in 2014 as being unprecedented, compared with trading results in past years. Trading in the real estate market soared by 47% in the third quarter of 2014, to top BD 285.534.287, as compared with third quarterly results last year.