Damascus-SANA
The total popular values of sales contracts executed in the governorates since the implementation of Law No. 15 of 2012 regarding the tax on real estate sales on the third of last May until the 8 of this month amounted to 981 billion Syrian pounds within forty actual working days.
According to the first detailed report on real estate sales published by the Ministry of Finance today, the number of real estate sales contracts executed in the governorates until the 8th of this month reached 11,195 sales contracts and 28,275 executed lease contracts, indicating that the number of real estate sales executed last week increased significantly by 11.12 percent compared to the week It maintained its upward trend for the eighth consecutive week.
The report includes a number of indicators in line with the rule of transparency in providing data for those interested to benefit from it, and with the aim of providing scientific bases for studying the market through accurate criteria for measuring market liquidity and volume. continuously.
Among the volume indicators, the report showed a special indicator related to the total number of sales contracts executed during a working week, another indicator showing the distribution of the total number of contracts during a specific period of time to the governorates, and a special indicator for lease contracts showing the total number of such contracts during a working week, in addition to another indicator showing the distribution of lease contracts during a period specific time for the provinces.
As for the liquidity indicators, they include, according to the report, an indicator of the total popular values of sales contracts executed during a working week, and another that shows the distribution of the popular values during a specific period of time to the governorates, and this represents the minimum amount of liquidity circulating in the real estate market.
The indicators launched in the report make it possible to make weekly comparisons of the liquidity movement in the market and its volume, which provides important data for analysis and use of the results in the systematic planning processes related to the real estate market. market.
It is noteworthy that Law No. 15 of 2021 provides for regulating the collection of the real estate sales tax, which is determined at a rate of the popular value per square meter based on the financial description of the property according to criteria and factors for each of the residential, commercial, industrial, agricultural or tourist properties.
Waseem Al-Adawi
