| Characteristic | Share of respondents |
|---|---|
| - | - |
| - | - |
| - | - |
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June 2016
Saudi Arabia
January 2016
Real estate developers, investors, government bodies and other real estate professionals
* Original question: "Do you agree or disagree with the anticipated impact of the following related issues upon the implementation of the new law? -Increase in labor costs."
This survey was conducted to understand the reaction and sentiments of professionals in the real estate industry in Saudi Arabia regarding the newly introduced 'White Land Tax' law, as part of the governments 2030 agenda. the Law is meant to tax unused land and plots in the urban areas of Saudi Arabia at a 2.5 % rate of their value, to encourage the development of more residential units to combat the housing shortage.
The report does not include the details of the survey.
