| Re: Tanjah, tinja and Houara
I think basing an investment decision, especially for resales, on such a niche category of people is quite a big risk. Do remember that other regions in the middle east like qatar, bahrain, oman, dubai, saudi, etc. are all in the property game and each one is planning developments bigger than the other. So to think that the investors in houara will have an exit because of the rich arabs is being short-sighted in my opinion.
I may be wrong, but personally, I wouldn't base an investment decision on such a narrow market. I would rather invest in other projects that are cheaper in price and possibly quality, but have a wider audience in the end.
Propertymania, just because you missed out on an opportunity and prices have gone up does not necessarily make it a good investment. The real test is when its put on the open market and the demand supply equation is met. This hasnt yet happened with houara, so don't worry if you missed out. There will be plenty more fish in the sea. I would wait now if I were you and get in early into other projects. |