The “Sakani” program revealed that the number of families benefiting from the housing options and financing solutions provided by the program has grown to 145,309 families since the beginning of 2021 until the end of August, of which 115,038 families have settled in their homes, in continuation of the program's efforts to provide affordable housing solutions and services to enable Saudi families to own a home with immediate entitlement to achieve the goals of the housing program to reach 70% by 2030.
Results of the program's efforts in providing affordable housing solutions and services to enable Saudi families to own a home with immediate entitlement in order to achieve the goals of the housing program to reach the percentage of residential ownership to 70% by 2030. He explained that the options that benefited Saudi families included ready-made and under-construction housing units, residential lands, self-building and a number of other housing services such as (issuing real estate transaction tax bearing certificates, benefiting from the real estate consultant, registration, immediate entitlement and engineering designs) within easy and facilitated procedures through the “Sakani” application.
The program's efforts to provide easy housing solutions and services to enable Saudi families to own their homes with immediate entitlement. The total number of families benefiting from the subsidized mortgage loan to buy ready-made housing units since the beginning of 2021 until August was 61,886 families, while 45,816 families benefited from self-construction, 22,431 families from residential lands, and 15,176 families benefited from the subsidized mortgage loan to buy housing units under construction.
The total number of families benefiting from the subsidized mortgage loan to buy ready-made housing units since the beginning of 2021 until August was 61,886 families. He pointed out that the implementation and construction work continues for residential projects under construction in partnership with real estate developers to start delivering them to the beneficiary families within 106 projects that provide 146 thousand units with an average price of up to 700 thousand riyals, most of which are distributed in major residential suburbs that provide a modern life in which various units are integrated between villas, apartments and townhouses with various facilities and services in Riyadh, Dammam, Jeddah, Madinah and Khamis Mushait.
Riyadh, Dammam, Jeddah, Madinah and Khamis Mushait. The program allows the booking and selection of all housing options and financing solutions within easy and facilitated procedures through “Sakani” in addition to benefiting from additional facilities such as a real estate consultant, obtaining a quote from financial institutions, issuing land contracts electronically and benefiting from the service of model engineering designs and approved contractor as well as registration, immediate entitlement and issuing building permits electronically.
The program allows for the booking and selection of all housing options and financing solutions within easy and facilitated procedures through "Sakani".
