Monday, December 2, 2019

Saudi Arabia Real Estate Market Outlook to 2025: Ken Research

The report titled “Saudi Arabia Real Estate Market Outlook to 2025 – By Retail Real Estate Market (Super-Regional Malls, Regional Malls and Community Centre), By Hotel Real Estate Market (3 Star, 4 Star, 5 Star and Other Hotels), By Office Real Estate (Premium Offices Grade A and Grade B) and Residential Real Estate Market (Apartment, Villas, Traditional Houses and Others)" provides a comprehensive analysis of the real estate space within Saudi Arabia. The report covers various aspects including introduction of Saudi Arabia real estate market, macroeconomic overview, supply as well as demand assessment for retail market, office market, hotel market and residential market; market overview, factors influencing all the markets; current and future supply and demand, regional landscape and other information. Comparative landscape has been presented at an overall level. The report also provides information about the construction costs for different type of properties in Saudi Arabia and snapshot of online real estate market. The report concludes with market projection and analyst recommendations highlighting the major opportunities and cautions.


Saudi Arabia Real Estate Market Overview
The Saudi Arabia real estate market was in crisis earlier due to the shortage in housing spaces, lack of mortgage law, decline in the oil prices and other factors. This has led to implementation of the first mortgage law in 2012, along with various government initiatives over the years. The government introduced various schemes such as Vision 2030 for increasing the foreign investment in the Saudi Real Estate Market. The main focus of government in this was to increase the presence of affordable housing for the Saudi people. In 2016, REITs were listed on the local stock exchange with the aim of increasing increase real estate contribution to GDP from 5% to 10 %. The year 2018 was witnessed to be a period of alteration in the entertainment sector of the Kingdom. It was a key part in the Vision 2030's objective to enhance and diversify the past entertainment in the area. In line with this, the government announced various new reforms such as a new online visa scheme and other reforms to increase the tourism inflow in the region.

Saudi Arabia Retail Real Estate Market
Retail real estate market supply of Saudi Arabia has witnessed a positive CAGR during 2013-2018 and is projected to remain positive in future. The retail sector in Saudi Arabia has been hardest hit on the demand side by the expatriate exodus. The price-cutting has eased down a bit; however consumers are still price-sensitive. The market has witnessed developments that have transformed the retail market from small and unorganized markets to structured and extravagant shopping malls, with international brands, entertainment areas, hypermarkets and supermarkets. Majority of the retail outlets are spread across regional and super-regional malls and structured shopping centers that have replaced the traditional strip malls and shopping center retail concept.

Saudi Arabia Hotel Real Estate Market
The hotel market in Saudi Arabia is undergoing transition due to stern measures by government as there was dip in crude oil prices. However, government wants to reduce dependency on oil therefore it is making key investments in developing region as an entertainment destination which will have a positive impact on the hotel market. The Vision 2030 focuses on increasing GDP contribution from tourism and for this the government initiated major projects such as Qiddiya Project, Red Sea Project, Neom, Amaala Project and others. The total number of tourist’s arrivals in Saudi Arabia in 2017 was 18.6 million which increased to 23.6 million in 2018, thus registering a growth of 26.9%. The government wants to increase the domestic and international visitors and at the same time wants to decrease the outbound tourism of the country. The ADR has been declining in the market as the general economy has remained subdued which has led to increase in the vacancy rate in the hotels.

Saudi Arabia Office Real Estate Market
The aim of government is to diversify the economy. In 2016, government announced a SAR 200 billion private sector incentive package to boost the private sector’s growth and increase the rate of employment in the country. The office market in Saudi Arabia is witnessing subdue pressure as the rentals have been declining. The rentals and occupancy level has been under pressure since 2016 and this trend is expected to continue as there is oversupply of low quality office spacing. The office space supply had a positive CAGR during the review period. The future supply is focused on developing theme-based office parks, mixed-development projects and others. The co-working space is entering in the Saudi Arabian market and it is expected it will open new avenues in future.

Saudi Arabia Residential Real Estate Market
The demand for affordable housing units is increasing in Saudi Arabia Residential Real Estate market. The government is focusing on Saudization which has resulted in expatriates leaving the country. This has further declined the demand in the residential real estate market. In the beginning of this decade there was shortage of housing spaces, lack of mortgage law and other problems which were in the market. The government has been actively working on the issue of housing and has made various structural changes for dealing with this issue. It has also undertaken several initiatives for increasing the home ownership numbers in Saudi Arabia. The market witnessed growth in the supply of housing units at a positive CAGR.

Comparative Landscape within Saudi Arabia Real Estate Market
The government's vision of reducing the reliance on oil economy and diversifying into other sectors especially on real estate has resulted in growth of the real estate industry in Saudi Arabia. The market has high competition where the demand for new properties is increasing due to growth in the commercial activities and increase in competition. Some of the major real estate development companies operating in the Saudi Arabia are Al Saedan Real Estate, Kingdom Holding Company, Ewaan, Al Ra'idah Investment Company, SEDCO Development, Jabal Omar Development Company, Makkah Construction & Development Co, Emaar, Dar Alarkan Real Estate Development Co and Saudi Taiba Investment and Real Estate Development Co. Competition among developers majorly happens on the parameters such as land bank, location of the property, upcoming projects, construction costs, reputation of the company and other parameters.

Key Segments Covered
Saudi Arabia Retail Real Estate Market
By Type:
Super-Regional Malls
Regional Malls
Community Centers

By Geography:
Riyadh
Jeddah
DMA
Makkah

Saudi Arabia Hotel Real Estate Market
By Type:
3 Star Hotels
4 Star Hotels
5 Star Hotels
Others (Less than 3 Star Hotels)

By Geography:
Riyadh
Jeddah
DMA
Makkah

Saudi Arabia Office Real Estate Market
By Type:
Premium Office
Grade A Office
Grade B Office

By Geography:
Riyadh
Jeddah
DMA

Saudi Arabia Residential Real Estate Market
By Type:
Apartments
Villas
Traditional Houses
Floor in a Villa
Others (Floor in a Traditional House)

By Geography:
Riyadh
Jeddah
DMA
Makkah

Key Target Audience
Real Estate Developers
Independent Investors
Real Estate Consulting Companies
Third Party Real Estate Companies
Independent Architects
Government Associations
Government Agencies

Time Period Captured in the Report:
Historical Period – 2013 - 2018
Forecast Period – 2019F – 2025F

Companies Covered:
Property Finder (Including JRD Group)
Emerging Market Property Group (Bayut.SA)
Aqarmap
Dar Alarkan Real Estate Development Co.
Taiba Investment Company
Jabal Omar Development Company
Kingdom Holding Company
Saudi Real Estate Company (Al-Akaria)
Arriyadh Development Co
Ewaan Global Residential Company
Al Saedan Real Estate Company

Key Topics Covered in the Report
Real Estate Market Scenario in Saudi Arabia, 2013-2018
Overview of Retail in Saudi Arabia
Factors Inflecting Retail Real Estate Sector in Saudi Arabia
Current and Future Retail Demand and Supply, 2013-2025F
Supply and Demand Gap, 2013-2025F
Saudi Arabia Retail Real Estate Market Regional Landscape
Retail Market Outlook, Opportunities and Future Development Trends
Saudi Arabia Retail Market Future Outlook
Saudi Arabia Key Upcoming Malls
Future Trends in Retail Market
Saudi Arabia Retail Market Success Factors Recommendations
Saudi Arabia Retail Space Key Features and Characteristics
Saudi Arabia Case Studies of Major Retail Centers
Saudi Arabia Hotel Real Estate Market Overview
Factors Influencing Hotel Sector in Saudi Arabia
Saudi Arabia Current and Future Hotel Supply and Demand, 2013-2025F
Supply and Demand Gap, 2013-2025F
Saudi Arabia Hotel Real Estate Market Regional Landscape
Saudi Arabia Hotel Market Outlook, Opportunities and Future Development Trends
Key Features and Characteristics of Hotels in Saudi Arabia
Saudi Arabia Key Expected Hotel Projects
Saudi Arabia Hotel Market Potential Gaps
Saudi Arabia Recommendations Regarding Success Factors of Developing Hotels
Saudi Arabia Case Study of Major Hotels
Saudi Arabia Office Real Estate Market Overview
Factors Influencing Office Sector in Saudi Arabia
Saudi Arabia Current and Future Office Supply and Demand, 2013-2025F
Supply and Demand Gap, 2013-2025F
Saudi Arabia Office Real Estate Market Regional Landscape
Saudi Arabia Offices Key Features and Characteristics
Saudi Arabia Key Expected Upcoming Office Projects
Saudi Arabia Office Market Gap Analysis
Saudi Arabia Office Market Recommendations Regarding Success
Saudi Arabia Office Market Future Outlook, Opportunities and Development Trends
Saudi Arabia Co-Working Office Space Snapshot
Saudi Arabia Case Studies of Major Office Complexes
Factors Influencing Residential Sector in Saudi Arabia
Supply-Demand Gap, 2018
Saudi Arabia Residential Real Estate Market Regional Landscape
Saudi Arabia Residential Real Estate Market Gap Analysis
Saudi Arabia Recommendation Regarding Success Factors of Developing Residential Market
Saudi Arabia Residential Market Future Outlook, Opportunities and Development Trends
Saudi Arabia Key Upcoming Residential Projects
Key Features and Characteristics of Residential Sector in Saudi Arabia
Existing Housing Typologies in Saudi Arabia
Saudi Arabia Construction Costs, 2018
Saudi Arabia Online Real Estate Market Snapshot
Saudi Arabia Real Estate Online Portals Business Model
Saudi Arabia Online Real Estate Major Players ( Property Finder (Including JRD Group, Emerging Market Property Group (Bayut.SA) and Aqarmap)
Saudi Arabia Real Estate Market Competition Scenario
Saudi Arabia Real Estate Market Major Real Estate Developers Profiles (Dar Alarkan Real Estate Development Co., Taiba Investment Company, Jabal Omar Development Company, Kingdom Holding Company, Makkah Construction and Development Co)

For more information on the research report, refer to below link:
Saudi Arabia Real Estate Market Research Report

Related Reports
Australia Real Estate Market Outlook To 2023 – By Residential (Apartment & Villas), By Retail (Regional, Sub-Regional, Neighborhood, CBD, Large Format Retail And Others), By Office (Grade A, Grade B And Premium Offices) And By Hotel (3 Star, 4 Star, 5 Star And Other Hotels)

Singapore Real Estate Market Outlook to 2023 - By Residential Market (New Sales, Re-Sales and Sub-Sales), By Retail Market (Private and Public Retail Space), By Office Market (Private and Public Office Space) and By Hotel Market (Gazetted and Non-Gazetted Hotels)

Hungary Real Estate Market Outlook to 2022 - by Residential (Dwellings Constructed by Regions, by Builders Type, Holiday Units Constructed by region, Dwellings Leased by Regions, Dwellings Sold by Regions), by Commercial, Retail and Hotel

Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
Posted by at No comments:
Labels:

Rise In Popularity of Online Education, Evolvement of Online Aggregators and Launch of Innovative Executive Courses Is Driving the Executive Education Market: Ken Research


“Increase in working population and emergence of blended learning have driven the growth of executive education market in Australia.”

Analysts at Ken Research in their latest publication “Australia Executive Education Market Outlook to 2024 – Future Growth Driven by Increasing Offerings of MDP Program and International Student Enrollments” believe that the executive education industry has been growing and is expected that it will expand further owing to the rise in the number of working professionals, evolvement of aggregators in executive education and growing demand for blended learning. The market is expected to register a positive CAGR of 6.8% in terms of revenue during the forecast period 2019-2024E.

Emergence of Online and Blended Learning: There has been a shift towards the Online and Blended learning programs due to the flexibility and accessibility provided by such programs. Emergence of such programs impacted the executive education market positively owing to the skill gap existing in the Australian workforce.
Increase in Working Population: There has been a rise in the number of working population with a CAGR of around 2.1% in the period (2014-2019), reaching to around 153.9 million people in 2019 from around 138.5 million people in 2014, this paved way for the increase in the target segment for executive education in Australia and hence, impacted the growth in the market consequently.

Introduction of Women only oriented Programs: There has been a trend of offering women only programs in the review period. This introduction of women only oriented programs was mainly done in order to promote gender diversity in higher management roles. This promoted more women to actively participate in the executive education programs which stimulated the growth in the market.

Rise in the Government Expenditure on Education: There has been an increase in the government expenditure on education in the review period (2014-19) with a CAGR of around 3.8%, increasing from AUD 85.8 billion in 2014 to AUD 103.4 billion in 2019. This also paved way for the growth of executive education in Australia.

Attraction of International Students: Australia is viewed as the destination of choice for international students looking to enroll in higher education courses, consistently attracting more international students than other developed nations such as Canada, Germany, Japan and Singapore, with a net inflow of approximately 250,000 students per year. There has been an increase in the number of overseas students enrolment in higher education courses in Australia from 0.2 million students in 2013 to around 0.4 million students in 2018.

Key Segments Covered:-
By Type of Executive Education:
Executive Masters
Revenue
Number of enrolments
Number of Programs

MDP
Revenue
Number of enrolments
Number of Programs

By Type of Executive Masters
Executive MBA
Revenue
Number of Programs
Number of enrolments

Executive Non MBA
Revenue
Number of Programs
Number of enrolments

Executive Masters Program By Mode Of Delivery
Offline
Online
Blended

By Element of Executive Masters
Structured
Customized

Executive Non MBA Programs by Type
Leadership
Health
Project Management
Public Administration
Accounting and Others

Key Target Audience:-
Australian Universities
Australian Education Aggregators
Global Education Aggregators
Management Consultancy Firms
Executive Education Providers
Education Authorities
Education Consultants

Time Period Captured in the Report:-
Historical Period - 2014-2019
Forecast Period – 2019-2024E

Universities Covered:-
Bond University
UNSW
University of South Australia
University of Melbourne
Torrens University
University of Sydney
Monash University
University of Technology Sydney
Macquarie University
Curtin University
University of Western Australia
Murdoch University
La Trobe University
Queensland university of Technology
Deakin University

For more information, refer to below link:-
Australia Executive Education Market

Related Reports:-
Singapore Executive Education Market Outlook To 2023 - By Type Of Program (EMBA And MDP), By Funding Of The Program MDPs (Company Sponsored And Self Funded) And EMBA (Self Funded, Partial Funding And Company Sponsored), By Duration MDP (1-7 Days, 7-14 Days And More Than 14 Days) And EMBA (Up To 12 Months, 12-24 Months And More Than 24 Months)

UK Executive Education Market Outlook To 2023 - By Type Of Management Development Programs (Finance, Strategy, Leadership, Ethics And Others), By Duration Of The Course (1 Day, 1-2 Days, 2-3 Days, 3-5 Days, 5-10 Days And 10+ Days) And By Type Of Universities (Private And Public)

Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-9015378249

Posted by at No comments:
Labels: , ,

Indonesia Car Finance Market Outlook to 2024: Ken Research

The report titled “Indonesia Car Finance Market Outlook to 2024: Growing Prominence of Captive Finance Companies Backed by Surging Car Sales to Drive Market Growth’ provides a comprehensive analysis of the Indonesia Car finance market including market evolution, market overview, market genesis, market size and market segmentation of various Players in the Market. Extensive focus has been placed in quantifying the credit disbursed and Car loans outstanding and a number of vehicles financed. The report covers aspects such as market segmentation (by loan tenure, new and used vehicles and type of Financial Institutions), customer perspective in the market and snapshot on Various Verticals of Multifinance Companies, Online Ad Listing sites and Analysis of Passenger Car Companies. Competitive landscape of major lenders including Bank of Central Asia (BCA Finance), Mandiri Bank (Mandiri Tunas Finance), Danamon Bank (Adira Dinamika Finance), CIMB Niaga , Bank Rakyat Indonesia, Bank Negara Indonesia, Megabank (WOM), ACC Finance, BFI Finance, Oto Multiartha, MPM Finance, Rabana Investindo, Toyota Astra Finance (Toyota and Daihatsu), Dipo Star Finance (Mitsubishi), Bussan Car Finance (Yamaha), Suzuki Car Finance (Suzuki). The report also covers future industry analysis (by credit disbursed and new and used Car Finance), future market segmentation, growth opportunities, up-coming business models, government regulations and analyst recommendations.
Indonesia Car Finance Market
Indonesia Car Finance Market Overview and Size
The Car Finance Market in Indonesia witnessed steady growth during the period 2013-2018, owing to an increase in used Car vehicle sales over the same period. The market is dominated by multi finance companies that are backed by various Multinational banks catering majorly to the middle-class population. There are around 200 multi finance companies in Indonesia (OJK Bank Report). Consumer finance accounts for 90% of the total value of multi finance industry.  Trends in the market were largely stimulated by low-interest rates in the Economy. Some challenges faced during the period in the market were the rising loan default rates, unstable vehicle sales and a pullback on loan issues lead by banks, in the latter half of the research period.
Indonesia Car Finance Market Segmentation
By New and Used Cars: The car Finance Market in Indonesia is segmented into New and Used Car finance with New Cars finance holding a majority share of the total Credit Disbursed in the market in 2019P. The major drivers behind the growth include rising sales of used vehicles as well as the decreasing prices of retail models in the market, which makes it attractive to buy cars.
By Tenure of Loan (New Car and Used Cars): The loan tenure selected by the customer depends on factors such as the price of the car, income level of the customer, flexible scheme options and other social factors such as family size and lifestyle of the individual. The maximum tenure allotted for a car loan by both banks and private finance companies is five years for new; however, the situations can change depending on a particular customer. It has been observed that people opting for a 4-year loan tenure has accounted for the Majority of the new cars financed in 2019P followed by 3 Years of the loan tenure. Used cars usually, the tenure for a loan does not exceed 3 years.
By Banks, NBFCs and Captives (New Car and used Cars): Commercial banks have accounted for a Major Share in the Overall Car Finance Market of Indonesia on the basis of new Cars Financed. The second position in the market was captured by NBFCs and Multifinance Companies, who operate in the market, the nonfinancial institution's Captive finance companies have contributed the remaining part of the credit disbursed for new car financing in 2019P.
Trends and Issues
Recovery of The Indonesian economy, lower financing rates, and improved business environment have positively impacted the consumer confidence index in Indonesia. This has resulted in increasing car sales in 2019P out of which 75.0% are financed by banks and other nonfinancial institutions. In order to stimulate the economic growth of the country, Otoritas Jasa Keuangan (OJK) reduced the down payment requirements in effect increased the Loan to value ratio in 2015. OJK has also introduced the Zero Don Payment option for people with a good Credit Score. This reform is expected to increase the sale of passenger and commercial cars as more number of people can avail car finance.
Competitive Landscape of Indonesia Car Finance Market
Competition in the market is extremely fragmented. The Major lending institution types in the market are Banks, Captives, Multi Finance Companies, they hold a Fragmented share in the lending space for New Cars, and similarly, banks dominate the Used Car segment but that is again very fragmented.
Indonesia Car Finance Market Future Outlook and Projections
Over the forecast period, the Indonesia Car Finance market is expected to be positive if there is a continuous need for Car among the population. Multiple fin-tech startups have also come up in the country’s financial sector which poses a threat to conventional finance companies and banks. These startups have developed products to augment the digitalization of the banking sector. This includes digital payments, online lending, online aggregation, and remote banking facilities which made the customer lending process uncomplicated and simple further facilitating the car finance market in the country. Banks and Captives are expected to continue their leading position in the market due to their vast networks and range of products. In addition to that, the Indonesia market is likely to witness a decline in Car sales which threatens the growth of a number of loans issued in the future.
Key Segments Covered:-
By New and Used Cars
New cars
Used cars
By Lender Institutions
Banks
Captives
Multi Finance Companies (NBFCs)
By Loan Tenure between New and Used Cars
Two Years
Three Years
Four Years
Five Years
One year
Five Years or more
Key Target Audience
Existing Car Finance Companies
Banks
Captive Finance Companies
Credit Unions
Private Finance Companies
New Market Entrants
Government Organizations
Investors
Car mobile Associations
Car mobile OEMs
Time Period Captured in the Report:-
Historical Period: 2013-2019P
Forecast Period: 2019P-2024
Key Companies Covered:-
Banks
Bank of Central Asia (BCA Finance)
Mandiri Bank (Mandiri Tunas Finance)
Danamon Bank (Adira Dinamika Finance)
CIMB Niaga
Bank Rakyat Indonesia
Bank Negara Indonesia
Megabank (WOM)
NBFCs
ACC Finance
BFI Finance
Oto Multiartha
MPM Finance
Batavia Prosperindo
Radana Bhaskara
Indomobil Multi Jasa
Mandala Multifinance
Tifa Finance
Adira Quantum Multifinance
Clemont Finance Indonesia
Captives
Toyota Astra Finance (Toyota and Daihatsu)
Dipo Star Finance (Mitsubishi)
Bussan Auto Finance (Yamaha)
Suzuki Auto Finance (Suzuki)
Key Topics Covered in the Report:-
Executive Summary
Research Methodology
Indonesia Car Finance Market Overview and Genesis
Value Chain Analysis of Indonesia Car Finance Market, 2019P
Indonesia Finance Market Value Chain Analysis
Indonesia Car Finance Market Size, 2013-2019P
Indonesia Car Finance Market Segmentation
Major Trends and Development in Indonesia Car Finance Market
Regulatory Framework in the Indonesia Car Finance Market
Product Feature on Indonesia Car Finance Market
For More Information On The Research Report, Refer To Below Link:-
Related Reports by Ken Research:-
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@Kenresearch.Com
+91-9015378249
Posted by at No comments:
Labels: , , ,
Location: Indonesia
Subscribe to: Posts (Atom)