Bahrain has witnessed a 60 to 70 per cent increase in real estate investment projects over the last year, an indication of a strong bounceback in the property sector, said Bahrain Real Estate Association chairman Nasser Al Ahli.

He said that property trading is expected to top BD1.5 billion ($3.9 billion) by year-end according to market indices, reported the Gulf Daily News (GDN), our sister publication.

Housing projects worth BD30 million to BD35 million are set to be launched early next year, he said. - TradeArabia News Service