Assaf, S (1987) Feasibility assessment of large-scale housing development in Saudi Arabia: A case study. Construction Management and Economics, 5(2), pp. 157-168. ISSN 01446193
Abstract
This paper aims to examine the relationship between real estate development in Saudi Arabia and a funding programme established by its government for increasing the housing stock. A descriptive analysis of recent activities in housing production shows that the programme has become a highly profitable vehicle for real estate investment, and yet nowadays the real estate business is facing some problems. It is suggested that a new orientation towards large-scale estate developments is needed to alleviate the difficulties. The results of a feasibility assessment of such a case using the funding programme corroborate this suggestion based on investment return.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | feasibility; funding programmes; housing; real estate; Saudi Arabia |
| Index terms: | housing stock, case study, real estate, programme, housing development, housing, real estate investment, Saudi Arabia, real estate development, funding |
| Subjects: | economic analysis, data collection methods, real estate economics, industry analysis, construction type, Geography, economic development, project controls |
| Topics: | Business Strategy, Time Control, Research Practice, Procurement, Construction Technology, Urban Studies, Geographical Context |
| Descriptive scope: | 3 PCE |
N.B. Descriptive scope is a count of how many of the five facets of empirical research are indicated by the words used in title, abstract and keywords. It is not intended as a judgement on the research; merely a count of the kind of word we would expect to indicate Phenomenon, Concepts, Theoretical framing, Empirical techniques, Analytical techniques. If all five are present, then a code of “5 PCTEA” will indicate this. If you feel the coding for this record is questionable, we welcome discussion around the terms we matched or the way we categorized them. The facet you would expect may not be coded, or a facet may be coded inappropriately. This can also bear on a larger question, of which facets should be treated as defining in construction management research. Please get in touch, and we will look at it. More details here