Ministry of Housing spokesman Saif Al-Suwailem expected to announce the ministry's targets for 2018 by the end of this week, and speculations indicate that the “Residential” program - the second phase - will offer 350 thousand housing products that will start to be distributed from January of next year.

Ministry of Housing spokesman Saif Al-Suwailem The products to be distributed include financing, off-plan sales, land and ready-made villas, while the number of ready-made housing units belonging to the ministry's projects amounts to about 5,000 units of the total housing products, while the off-plan sales program accounts for the largest percentage.

The number of ready-made housing units belonging to the ministry's projects is about 5,000 units of the total housing products. The number of beneficiaries of the subsidized financing program in the Real Estate Development Fund is expected to reach about 85 thousand during the second “Sakani” campaign.

The Ministry of Housing concluded its programs for the current year 2017 by recently announcing the latest installment of the Residential Program, which included 36.8 thousand residential and financial products, bringing the total number of products announced since last February to 282.7 thousand residential and financial products.