RESIDENTIAL BUILDING DEVELOPMENT PROCESS IN KURDISTAN REGION GOVERNMENT

M. Mohammed Salih, Haval (2016) RESIDENTIAL BUILDING DEVELOPMENT PROCESS IN KURDISTAN REGION GOVERNMENT. Second International Engineering Conference On Developments in Civil & Computer Engineering Applications 2016.

Text (Research Article) IEC2016.pdf - Published Version Download (21MB)

Abstract

Nowadays, Residential buildings have become the most important part of real-estate markets in (KRG). The layout of housing in Kurdistan has transformed the face of major cities across the Region. Rapid changes since 2003, have witnessed copious architectural structures and large housing projects that have reshaped the landscape of its cities. The aim of this study is to study the housing developing policy in KRG. The objectives of the study are to evaluate the KRG's housing development policy and to investigate the types of house and the price range preferred by the potential buyer. The study focus on private residential building development projects and it is carried out by questionnaires and interviews. The respondents are the house buyers and the developers. A total of 100 questionnaires were distributed to the respondents and 78 questionnaires were returned duly answered. The data collected is analyzed using the SPSS (Statistical Package for the Social Sciences) and Average Index. The results of research indicated that the KRG’s housing development policy covers the ownership of the project land, full repatriation of project investment and profits allowed, import of spare parts tax exempt up to 15% of project cost and the employment of foreign workers allowed. Moreover, the types of house preferred by the house buyers are of double storey type and to be of corner lot. The price range preferred by the potential buyers are between (40,000 to 100,000) USD.

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