Under the patronage of HE Minister of Municipalities and Housing Majid bin Abdullah Al-Hogail, with wide participation from government agencies, major real estate companies, developers, and investors from inside and outside the Kingdom. This year, the exhibition witnessed a qualitative addition with the launch of the first edition of the PropNext Forum, which comes as a specialized intellectual platform to discuss the most important issues related to the real estate sector, including legislation regulating the market, financing tools, investment attractiveness, and modern real estate development trends, through dialogue sessions with a group of specialists and decision makers from the public and private sectors.
With the launch of the first edition of the PropNext Forum.
Sheikh Al Qatami: 35 years of privacy
Sheikh Al Qatami
Sheikh Nasser Al Qatami said: «This exhibition is undoubtedly a sign of the extension of this great goodness that the Custodian of the Two Holy Mosques and His Highness the Crown Prince, may God protect them, have instilled in this tender and growth that the Kingdom has witnessed since its establishment, and today it expresses this movement with this exhibition and similar real estate and economic exhibitions.« Sheikh Nasser Al Qatami said.
Al-Qatami stated that this exhibition has a special character due to its establishment 35 years ago, and there is no doubt that this shows that our country is one of the biggest supporters in adopting projects that extend their impact in large cities, especially those that wear the Saudi cloak and identity.
He continued: »Today, we are here representing Memaar Kingdom, a company specialized in residential development inside the Kingdom in the Riyadh region and beyond, and we have signed an agreement with Besht platform, which is for partnership and integration between real estate developers and landowners to develop residential and commercial lands inside and outside Riyadh.«
<Al-Qatami added: »What is happening today in the real estate market from a cautious decline in real estate prices is a natural effect of the corrective process in which high directives were issued, and Riyadh in particular is a rapidly growing city that requires stability and balance in real estate prices, as it is today a global economic and tourist city that targets foreigners before others and there must be great stability in real estate market prices and natural growth and therefore this is a natural corrective process." Al-Qatami added.
Mohammed Al-Faraj: We target the entry of the foreign investor
<»We are a purely Saudi exhibition and is considered the first Saudi real estate exhibition in the Kingdom,« Al-Faraj added. He continued: »The entry of the foreign investor in real estate investment is beneficial to the Kingdom's economy, especially since real estate is the economy of a country and we are targeting this point specifically and as organizers of real estate development companies, we are looking for the benefit of the country and the Saudi citizen by providing a real estate platform that brings together everyone from developers, consumers and investors, which is undoubtedly in the interest of everyone and in the interest of the country's economy."
Raed Shalwan: Providing affordable real estate for all
Raed Al-Shalwan said that the Restatex exhibition is very excellent to provide real estate within the reach of customers and those wishing to own the home of a lifetime and there is great competition to win the satisfaction of the consumer in the first and last place and we see a very large demand for off-plan and other products and this is an extension of the 2030 vision that seeks to provide housing products at affordable prices for all after issuing decisions that contributed to this.
<Shalwan stressed that the prices offered at the exhibition are reasonable; for example, there are apartments whose prices start from 990 thousand, and townhouses for one million and seven hundred thousand, and these are all in the north of Riyadh and the areas start from 143 m2 and 150 m2 and more, and I believe that now is the time for the right ownership in light of the decline and stability of prices in some areas.
Nawaf Al-Shammari: Various offers to suit all customers
Nawaf Al-Shammari stated that Restatex is an honorable real estate platform with the participation of real estate companies and developers, and this large group of booths that offer various products of residential units that meet the need of the citizen in obtaining the home of a lifetime. Nawaf Al-Shammari stated that Restatex is an honorable real estate platform with the participation of real estate companies and developers.
<On the reason for his visit, Al-Shammari said that the search for suitable housing is what invited him to visit the exhibition, and he mentioned that the prices inside the exhibition were reasonable, there are companies that meet your need to obtain the first home, according to your financial ability according to market prices; all companies here put all options for customers so that they can obtain the housing unit at reasonable prices, and this is something wonderful and beautiful, especially after the support of the wise leadership in setting laws and controls on prices, and no doubt it had a great impact on the demand for buying housing units in various regions of the Kingdom. Nawaf Al-Shammari
Mazen Jalifi: The exhibition is beautiful, tidy and meets the requirements of visitors
Mazen Al Jalifi, a visitor to Restatex, expressed his happiness with this visit.
Al Jalifi invited everyone to visit the exhibition in the coming years as it is a great opportunity for those wishing to own a housing unit at reasonable prices, especially since the companies offer exclusive and tempting prices at the exhibition so that everyone can get the right housing unit for him. Al Jalifi said that there is a stagnation in real estate prices and this is an opportunity for those who want to buy.
Abdul Razzaq Al-Enezi: Excellent discounts from banks and developers
Al-Enezi
If the conditions are suitable for the person in terms of financial ability, why not buy? After all, it is an asset and has its value and its price, and I call through the real estate newspaper »Amlak" every person looking for a property to take advantage of such real estate opportunities and see what is offered in it of the products that may meet his need to obtain housing at prices that he may not find again, especially at the Restatex real estate exhibition.
Zuhair Abu Aziza: An important platform to showcase real estate products
Engineer Zuhair Abu Aziza, Director of Projects Management at Hamad Bin Mohammed Bin Saeedan Real Estate Company, said that Restatex is one of the most important real estate exhibitions and is considered a measurement area for all real estate professionals in the market for the entire calendar year. The exhibition enjoys the momentum and demand of most of those interested in selling on the map, as well as displaying their real estate products, and thank God we succeeded in participating in the field of real estate development and modern technologies in real estate management through Proptech, and thank God there is great demand and very clear interest from all those interested in real estate, whether in exchanging experiences and operations between developers or even open spaces for other sectors
Abu Aziza stressed that the Restatex exhibition represents a communication area between the real estate developer and all service providers, and through the real estate newspaper »Amlak« he thanked the Custodian of the Two Holy Mosques and His Highness the Crown Prince, may God protect them, for all the decisions issued to stabilize prices in the real estate sector, which were stimulating and positive and invited new categories to enter the real estate market. Abou Aziza stressed that the exhibition represents a communication area between the real estate developer and all service providers.
<Abu Aziza concluded by saying: "Buying a property and a house is a decision that does not need to think much, it is a decision that must be taken by the young man in the prime of his life and own the property, which is the first step to give him a better life and greater stability, and we wish success to everyone. Ahmed Al-Kurdi
Ahmed Al-Kurdi
Ahmed Al-Kurdi from Asas Real Estate Company said that the large turnout of real estate companies at the Restatex exhibition is evidence of its success and its focus on facilitating ways for beneficiary customers to obtain residential products for housing or investment in a professional and distinctive manner. Ahmed Al-Kurdi from Asas Real Estate Company said that the size of the turnout from real estate companies at the exhibition is a proof of its success.
After a tour of the exhibition, I saw some of the prices that were reduced by some companies on the occasion of the exhibition to provide residential units at almost satisfactory prices, and in some units I found areas starting from 225 m2 at prices starting from 850 thousand riyals and up to 350 m2 at prices up to one million six hundred thousand and more approximately, and I believe that the future of Riyadh city specifically with the vision is impressive and bright due to the very high demand for it as a capital with its economic and tourism weight with all these projects that will take Riyadh to an advanced and attractive stage of investment or housing. Asaas Real Estate Company.
