Residential Building Redevelopment Construction in Oman Market Snapshot to 2014 by WMIntelligence

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									Residential Building Redevelopment
Construction in Oman: Market Snapshot to
2014

Reference code: WMCN9821MS
Published: May-2010




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Residential Building Redevelopment Construction in Oman: Market Snapshot to 2014                              Published May 2010
© World Market Intelligence. This report is a licensed product and is not to be photocopied                              Page 1
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1     SECTOR OVERVIEW ............................................................................................................. 4
2     MARKET DATA ...................................................................................................................... 5
2.1     Market Value 2005-2009 ................................................................................................................................ 5
2.2     Market Segmentation, By Project Type, 2009 ................................................................................................. 6
2.3     Market Value Forecast, 2009-2014 ................................................................................................................. 7
2.4     Future Market Segmentation, By Project Type, 2009-2014 ............................................................................. 8
3     APPENDIX .............................................................................................................................. 9
3.1     Research Methodology ................................................................................................................................... 9
3.2     Definitions ...................................................................................................................................................... 9
      3.2.1     Additional Notes .................................................................................................................................. 10
3.3     About World Market Intelligence ................................................................................................................... 10




Residential Building Redevelopment Construction in Oman: Market Snapshot to 2014                                                                  Published May 2010
© World Market Intelligence. This report is a licensed product and is not to be photocopied                                                                          Page 2
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List of Tables

Table 1: Residential Building Redevelopment Construction in Oman, Market Value - US$ Million, 2005-2009 ................ 5
Table 2: Residential Building Redevelopment Construction in Oman, Market Segmentation by Project Type, US$ Million,
2009 ............................................................................................................................................................................. 6
Table 3: Residential Building Redevelopment Construction in Oman, Market Forecast - US$ Million, 2009-2014 ........... 7

Table 4: Residential Building Redevelopment Construction in Oman, Market Segmentation by Project, US$ Million, 2014
..................................................................................................................................................................................... 8


List of Figures

Figure 1: Residential Building Redevelopment Construction in Oman, Market Value - US$ Million, 2005-2009 ............... 5
Figure 2: Residential Building Redevelopment Construction in Oman, Market Segmentation by Project Type, % Share,
2009 ............................................................................................................................................................................. 6
Figure 3: Residential Building Redevelopment Construction in Oman, Market Forecast - US$ Million, 2009-2014 .......... 7
Figure 4: Residential Building Redevelopment Construction in Oman, Market Segmentation by Project, % Share, 2014 8




Residential Building Redevelopment Construction in Oman: Market Snapshot to 2014                                                                       Published May 2010
© World Market Intelligence. This report is a licensed product and is not to be photocopied                                                                                 Page 3
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1 SECTOR OVERVIEW
Following expansion at a compound annual growth rate of 15.10% between 2005-2009, the residential building
redevelopment construction sector in Oman reached a value of US$5.84 million in 2009, which represented a decrease
of 21.49% on 2008. The market achieved its strongest performance in 2007 when it expanded by 164.91% and its
weakest performance in 2008, when it fell by 38.07%.

In comparison, the fastest growing construction sector of the residential construction market between 2005-2009 was
single-family housing which achieved a CAGR of 29.09%. The residential building redevelopment construction sector
was the weakest in the residential construction market between 2005-2009 and achieved a CAGR of 15.10%.

By 2009, the residential building redevelopment accounted for 0.60% of the residential construction. In comparison,
single-family housing represented 90.78% while new multi-family housing generated a further 8.62% of the market's
2009 share.

Looking ahead, the residential building redevelopment market is expected to expand at a CARC of 5.67% between
2009-2014, reaching a value of US$ 4.36 million in 2014. This represents total growth of 31.07% since 2005 and decline
of 25.31% since 2009.

In comparison, the fastest growing construction sector of the residential construction market between 2009-2014 is
forecast to be single-family housing, which is expected to achieve a CAGR of 3.85%. The new multi-family housing
construction sector is expected to be the weakest in the residential construction market between 2009-2014 and
achieve a CARC of 1.33%.

By 2014, the residential building redevelopment is forecast to account for 0.38% of the residential construction. In
comparison, single-family housing is predicted to account for 92.80%, while new multi-family housing is expected to
generate a further 6.82% of the market's 2014 share.




Residential Building Redevelopment Construction in Oman: Market Snapshot to 2014                              Published May 2010
© World Market Intelligence. This report is a licensed product and is not to be photocopied                              Page 4
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2 MARKET DATA
2.1 Market Value 2005-2009

Residential building redevelopment sector in Oman was valued at US$ 5.84 million in 2009; a decrease of 21.49% on
2008. The sector achieved a CAGR of 15.1%.


Table 1: Residential Building Redevelopment Construction in Oman, Market Value - US$ Million, 2005-2009

Year                                                                                            US$
								
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