Al-Batil was speaking at the introductory meeting about the real estate price index at Jeddah Chamber of Commerce and Industry (JCCI). He noted that they have based their analysis on the base year 2014 and on the data collected from the Ministry of Justice.

The GAS has set the analysis on three categories in the general index. The weight of these sector in the base year was 65 percent for the residential sector, 31 percent for the commercial sector and 4 percent for the agricultural sector.

The residential category includes plots, buildings, villas, apartments and houses. The commercial includes, plots, buildings, shops and commercial centers. While agricultural sector includes agriculture lands. The index included 13 regions in the Kingdom with focus on 18 cities that dominates 95 percent of the deals.