National Housing Company (NHC) launches Tilal Bayut project in Riyadh

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On an area of 148 thousand square meters, the National Housing Company (NHC) launched the “Tilal Homes” project for beneficiaries of the “Residential” program in Riyadh. The project is located in Al Narjis neighborhood, north of Riyadh, and contains 588 housing units under construction of “villa” type, ranging in size from 338 to 351 square meters, implemented by Tilal Real Estate Company.

The project is located in Al Narjis neighborhood, north of the city of Riyadh.

The project comes as an extension of 30 residential projects under development, distributed in the north, east and south of Riyadh, and provides about 40 thousand housing units of various forms (apartments, villas and townhouses), at reasonable prices, with an average of 850 thousand riyals, supervised by the off-plan sale or rental program "Wafi".

The project comes as an extension of 30 residential projects under development, distributed in the north, east and south of the city of Riyadh.

It is noteworthy that National Housing is working to build vital residential communities with a civilized character with distinctive and modern designs, within the ongoing expansion plans to increase the real estate supply and provide housing units that suit the needs of Saudi families and their purchasing capabilities, with the aim of raising the rate of family ownership of housing.

National Housing continues its efforts to expand the development of many residential projects and suburbs in the Kingdom to provide housing units at competitive prices.

National Housing continues its efforts to expand the development of many residential projects and suburbs in the Kingdom to provide housing units at competitive prices.