SLIDE 1
1
Outline
- Methodology
- General Indicators
- Supply/Demand
- Selected Area Highlights
- Price Evolution
- Conclusion/Future Outlook
2
BUSINESS OPPORTUNITIES IN LEBANON YEAR VIII Real Estate In Greater - - PowerPoint PPT Presentation
BUSINESS OPPORTUNITIES IN LEBANON YEAR VIII Real Estate In Greater - - PowerPoint PPT Presentation
BUSINESS OPPORTUNITIES IN LEBANON YEAR VIII Real Estate In Greater Beirut 1 Outline Methodology General Indicators Supply/Demand Selected Area Highlights Price Evolution Conclusion/Future Outlook 2 Methodology
SLIDE 2
SLIDE 3
Methodology
SLIDE 4
Methodology
- InfoPro Databases
– Project Monitor – Classified Ad Monitor – Properties (bi-annual magazine)
- InfoPro Surveys
- Desk Research
4
SLIDE 5
Methodology
- Limitations -
- Street to street
- Floor levels
- Quality of amenities
- Construction stage
- View
5
SLIDE 6
General Indicators
SLIDE 7
General Indicators
- Real Estate Transactions
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CAGR: +7.54% 30% increase
SLIDE 8
General Indicators
- Real Estate Transactions
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CAGR: +15.96% 85% increase
SLIDE 9
General Indicators
- Real Estate Transactions
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SLIDE 10
General Indicators
- Real Estate Transactions
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SLIDE 11
General Indicators
- Construction Permits
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CAGR: +8.79% Double
SLIDE 12
Supply/Demand
SLIDE 13
Size Ashrafieh BCD Ras Beirut Mazraa Mousseitbeh 1 Mousseitbeh 2 Up to 99 2% 0% 2% 0% 7% 0% 100 – 149 7% 9% 2% 21% 11% 0% 150 - 199 20% 11% 2% 57% 32% 4% 200 - 249 15% 9% 22% 13% 29% 16% 250 - 299 16% 23% 20% 4% 14% 12% 300 - 349 19% 11% 18% 2% 0% 16% 350 - 399 5% 12% 2% 2% 4% 30% 400 - 449 5% 4% 6% 0% 0% 9% 450 + 11% 23% 24% 0% 4% 14%
Supply/Demand Overview
Greater Beirut
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Supply Demand
SLIDE 14
Future Supply
Greater Beirut – Number of units to be delivered
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1073 872 994
SLIDE 15
Absorption rates
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Beirut:
- Apartment for sale: 8
- Apartment for rent: 8
- Land for sale: 6
Metn:
- Apartment for sale: 7
- Apartment for rent: 9
- Land for sale: 8
Kesrouan:
- Apartment for sale: 8
- Land for sale: 6
SLIDE 16
Price Evolution
SLIDE 17
Price Evolution
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CAGR: +19% CAGR: +16% Y-o-Y: +24% Y-o-Y: +32%
SLIDE 18
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Select Areas Highlights
Furn El Hayek: Average Price: $ 3,600 Gemmayzeh: Average Price: $ 4,100 Hotel Dieu: Average Price: $ 2,700 Nazareth: Average Price: $ 2,700 Sassine: Average Price: $ 3,600 Sioufi: Average Price: $ 2,400 Sodeco: Average Price: $ 4,400 Rmeil: Average Price: $ 2,900 Sursock: Average Price: $ 4,500 Ashrafieh: Average Price: $ 3,300
SLIDE 19
Price Evolution
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CAGR: +17% Y-o-Y: +3%
SLIDE 20
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Select Areas highlight
Bab Idriss: Average Price: $ 7,600 Nejmeh: Average Price: $ 6,750 Saifi: Average Price: $ 5,500 Minet El Hosn: Average Price: $ 6,900 Wadi Abou Jmil: Average Price: $ 6,000 Marfaa: Average Price: $ 6,200 Beirut Central District: Average Price: $ 6,700
SLIDE 21
Price Evolution
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CAGR: +23% CAGR: +17% Y-o-Y: +15% Y-o-Y: +14%
SLIDE 22
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Select Areas highlight
Aisha Bakkar: Average Price: $ 2,600 Karakol El Druz: Average Price: $ 3,000 Mar Elias: Average Price: $ 2,800 Zarif: Average Price: $ 2,750 Mousseitbeh 1: Average Price: $ 2,850
SLIDE 23
Price Evolution
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CAGR: +20% CAGR: +19% Y-o-Y: +5% Y-o-Y: +9%
SLIDE 24
Select Areas Highlights
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Ain El Tineh: Average Price: $ 4,550 Koraytem: Average Price: $ 5,000 Ramlet El Baida: Average Price: $ 6,000 Tallet El Khayat: Average Price: $ 4,100 Unesco: Average Price: $ 4,500 Mousseitbeh 2: Average Price: $ 5,000
SLIDE 25
Price Evolution
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CAGR: +18% CAGR: +19% Y-o-Y: +13% Y-o-Y: +10%
SLIDE 26
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Select Areas highlight
Barbir: Average Price: $ 1,800 Barbour: Average Price: $ 2,300 Horch Beirut: Average Price: $ 3,000 Taril El Jdide: Average Price: $ 2,000 Mazraa: Average Price: $ 2,300 Bourj Abi Haidar: Average Price: $ 1,900
SLIDE 27
Price Evolution
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CAGR: +16% CAGR: +19% Y-o-Y: +8% Y-o-Y: +7%
SLIDE 28
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Select Areas highlight
Hamra: Average Price: $ 4,500 Manara: Average Price: $ 5,500 Raouche: Average Price: $ 6,150 Ain Mreisseh: Average Price: $ 6,100 Sanayeh: Average Price: $ 3,750 Clemenceau: Average Price: $ 4,500 Ras Beirut: Average Price: $ 5,100
SLIDE 29
Area 2008 to 2009 2009 to 2010 Ashrafieh 19% 32% Beirut Central District 8% 3% Mousseitbeh 1 14% 14% Mousseitbeh 2 21% 9% Mazraa 14% 10% Ras Beirut 27% 7%
Growth Rates
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SLIDE 30
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Beirut Suburbs
Aramoun: Old : $ 1,100 New : $ 1,200 Baabda: Old : $ 1,900 New : $ 2,800 Bchamoun: Old : $ 1,000 New : $ 1,350 Bir Hassan: Old : $ 2,450 New : $ 2,750 Daouhet Aramoun: Old : $ 1,000 New : $ 1,250 Hazmieh: Old : $ 1,900 New : $ 2,000 Monte Verde: Old : $ 2,100 New : $ 2,500 Rabieh: Old : $ 2,000 New : $ 2,750
SLIDE 31
Conclusion
SLIDE 32
Conclusion
- Will there be future repercussions on supply and
demand due to the current political situation?
- How will shrinking supply of land in major cities affect
the real estate sector?
- How will bank lending affect the real estate sector?
- What are the future booming areas?
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SLIDE 33