The Ministry of Housing has reached 60% of the program's target of 300,000 housing and financing options for this year by pumping the eighth installment of the 2018 entitlements, which included 28,410 products ranging from mortgage loans, land and housing units.
Details of August 2018 products
In a press release, the ministry revealed the details of the housing options and their geographical distribution, as the payment included 8300 mortgage loans, 9784 housing units under construction in partnership with real estate developers, and 10326 free residential land, bringing the total number of housing options announced since the beginning of this year to 182 thousand housing and financing options
Makkah in the lead
<The ministry said that the Makkah region topped the regions benefiting from the eighth installment with a total of 13,135 housing units, mortgages and residential land, followed by the Jazan region with 4526 mortgages and residential land, then the Qassim region with 3882 mortgages and residential land, followed by Riyadh with 2190 mortgages and Riyadh with 2190 mortgages, and Asir with 1233 real estate loans and residential land, Eastern Province with 1014 real estate loans, Medina with 706 real estate loans, Tabuk 481 real estate loans and residential land, Najran 311 real estate loans, Hail 308 real estate loans, Northern Borders 234 real estate loans, Al-Jouf 228 real estate loans, and Al-Baha 162 real estate loans.182401 housing and finance products
<On the same subject, the CEO of the National Housing Company, Engineer Mohammed bin Saleh Al-Batti, confirmed that the total number of housing and financing products launched by the ministry since the start of the second phase of the “Residential” program, i.e. since the beginning of this year 2018, reached 182,401 housing and financing products, distributed on 66400 mortgage loans, 52011 residential land, 2584 ready-made housing units, 61406 housing units He stressed that the ministry is keen to fulfill the desires of all beneficiaries, as it announced today the option of “self-construction” for beneficiaries registered in its waiting lists, to join the previous options of “buying housing units on the map, buying ready-made units from the ministry's projects, and buying ready-made units from the market.”
