New commercial, housing project to come up in Oman soon

Muscat: A new residential-commercial complex in Mawaleh area will be officially launched soon.
Called Orchid Al Mawaleh, it will have commercial as well as residential units for Omanis, and will be ready by 2020. Rezone Properties has been appointed the exclusive marketer for Orchid.
The project, which is located in a key area in Mawaleh, has about 30 units of different sizes, with distinctive designs that focus on the exploitation of spaces and the arrangement of facilities in each unit, making it compatible with those who are looking for suitable housing.
The design of the complex provides wide corridors and a range of elevators to ensure the comfort of residents.
Nabil bin Abdul Moneim Sulaiman, CEO of Rezone Real Estate said during a press conference held on Sunday, “Orchid Mawaleh is the second project for Orchid brand after the company marketed the Orchid Authaibah project in 2018, which will be delivered in the coming months.”
He added, “The new project includes residential units in different areas in addition to commercial units serving the residents and those of the surrounding areas as well”
He explained that the real estate company will be marketing and managing the project. The Orchid Mawaleh has been carefully integrated with modern designs and integral services to ensure a modern lifestyle, he said noting that Orchid is one of the signs that has become widely recognised in the real estate market.
“The real estate market in the Sultanate is still absorbing new projects that are in line with the aspirations of modern housing seekers who want to invest in the real estate sector, which is the focus of the company in launching and marketing new projects, entertainment and thus stability for residents,” he continued.
He also pointed out that the real estate market in the Sultanate is witnessing sustainable demand due to the young population structure, which makes the demand for housing rise, especially in the capital Muscat.
He noted that due to the low prices in the real estate market this time is ideal for purchase and ownership.
The project is located next to Mazaya Housing Complex in Mawaleh within walking distance of the Muscat City Centre.
It is a 10-minute drive from Muscat International Airport and close to the Sultan Qaboos Road, with easy access to educational and health services from schools and health centres.
Starting at OMR33,000 and going up to OMR58,000 Orchid Mawaleh unit prices fit the pockets of a large segment of the community, he added.
Construction work will begin this month and the project will take nearly 21 months to be completed.