48.98 thousand families have benefited from subsidized mortgages for self-construction since the beginning of 2021

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The “Residential” program recorded the benefit of 48,980 families from the subsidized mortgage loan for self-construction from the beginning of 2021 until September, as an extension of the various housing and financing options provided by the program to facilitate the ownership of families with immediate entitlement according to their desires and needs, with the aim of increasing residential ownership to 70% by 2030, in line with the targets of the housing program - one of the programs of the Kingdom's Vision 2030 - in line with the objectives of the housing program.
The program announced that more than 160,000 families benefited during the current year, including 132,285 families who lived in their homes until September 2021, within the housing and financing options it offers, including: (ready units, under construction, self-construction, residential land), and can be obtained within easy procedures through the website and application of “Sakani”.
The “Sakani” program requires to obtain a subsidized loan for self-construction that the citizen is eligible for housing support and owns a residential land and a valid building license, in addition to the availability of a fixed income that enables him to obtain the loan, and not to obtain previous housing support, and to see all the details about benefiting from the self-construction option, visit the link https://sakani.housing.sa/product/SC.

The program provides various services for “self-build” beneficiaries who own their land to allow them to choose the executive “engineering designs”, in partnership with a number of experienced and efficient engineering offices to provide more than 33 distinctive designs that take into account the quality and modern methods of construction, in addition to the “approved contractor” service to facilitate the implementation of engineering designs for “self-build” beneficiaries, and other services such as “interior design”.

Sakani also provides through its website and application a range of housing options and services within 106 projects under construction that provide more than 146 thousand housing units ranging from apartments, villas and townhouses with modern designs and models, most of which are concentrated in 7 major residential suburbs in Riyadh, Dammam, Jeddah, Medina and Khamis Mushait, in addition to 223 residential plans that provide 180,537 residential land distributed in most cities and provinces of the Kingdom.

These projects are in addition to 223 residential plans that provide 180,537 residential plots distributed in most cities and provinces of the Kingdom.