Muscat, Oman - Cluttons Oman, the leading property firm that has enjoyed a presence in the Sultanate since 1986, today highlights the Rabiat Al- Qurm (opposite Qurm city centre) in Central Muscat as 'area to watch'. Increased demand is predicted in this area; a result of recent urban regeneration opening up the road network, in addition to its ideal location, within easy reach of a wide selection of lifestyle amenities and schools.
Qurm has recently been overlooked as newer development has focused on schemes such as The Wave and Muscat Hills elsewhere in Muscat. However, the team predicts that the new Muscat Expressway joining Sultan Qaboos Highway at Qurm will be a major factor in bringing this area into the spotlight. In addition, a number of developments such as Qurm City Centre shopping Mall and improvements to the older shopping area to address central landscaping and a pedestrian bridge across the wadi are further exciting signs of improvement.
Prices for residential property in the area are currently stable, with rents ranging from 650 RO to 2,000 RO per month, with choices ranging from smaller family homes to exclusive executive housing. Demand comes mainly from families, who are attracted to the many amenities of the established city centre, such as the majority of shopping malls, supermarkets, the Qurm natural park and the new opera house. The area also offers many schools within easy reach.
Marianne Helme, Head of Residential leasing for Cluttons Oman comments, 'We are monitoring the Central Muscat area very closely as an area that is increasingly on the radar of our clients. Qurm ticks a lot of boxes, offering a prime location near schools, leisure and cultural facilities matched with investment into urban regeneration. The area is particularly popular with families; properties with a good number of bedrooms, terraces and good security are quickly snapped up."
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Cluttons LLP is an independent partnership of chartered surveyors founded in 1765. With a network of offices in the UK, Europe, Middle East, South Africa and Caribbean, Cluttons LLP offers a wide range of professional property management, agency and consultancy services across the commercial and residential sectors, for both investors and occupiers. For further information, please see: www.cluttons.com
Issued by:
TOH Public Relations, on behalf of Cluttons Oman
Tel: +971 50 3739502
Email: sophie@tohpr.com
© Press Release 2011
