Asas Makin Real Estate Development and Investment Company announced its intention to develop 1,000 real estate units in several regions of the Kingdom of Saudi Arabia by the end of 2023, with a total value exceeding one billion riyals.

The company’s Chairman, Abdulrahman bin Saud Al-Haddalq, said, that the company aims to lead the real estate development market through various initiatives designed to increase and diversify real estate offerings, thereby contributing to the achievement of the Housing Program—one of the programs under Saudi Vision 2030—which aims to raise the homeownership rate among Saudi families.

Al-Haddalq added that Asas Makkin is one of the leading national companies in real estate development, with over 13 years of experience in the field, during which it has achieved a qualitative leap in the real estate development market.

He emphasized that the company’s extensive experience has enabled it to offer a diverse range of real estate products with varying specifications to suit all tastes, thereby earning the trust and confidence of its customers. Abdulrahman bin Saud Al-Haddalq emphasized that the diversity of real estate products offered by the company is based primarily on market research and the preferences of customers.

It is worth noting that Asas Makin Real Estate Development and Investment Company launched its first real estate development project in 2010, having completed the development of 2,500 residential units by the end of the first quarter of 2023, The company noted its focus on selecting prime locations close to services and vibrant areas, with project sites chosen based on studies and research conducted by the company.