Coping with the crunch

ENAR

“Buyers still have interest in buying land. The problem lies in finding adequately priced plots of land — the majority of plots are still priced unreasonably high relative to the potential of the market” Karim Makarem, managing director, RAMCO Real Estate Advisors “There was growth in supply but this growth [is stopping] because developers and other builders are exiting the market and not developing anything new. Thus, because no more major or large amounts of developments are coming, I don’t think that the situation in 2014 will be much worse” Houssam Batal, chief executive officer, Premium Properties “As a developer, you have to go and find the client and offer him something that he needs. Every single company, developer or broker needs to have a research department these days” Mireille Korab, head of sales and marketing, FFA Real Estate “I have a feeling that we are almost at the end