“Amlak monitors opinions Restatex Riyadh through the eyes of real estate professionals

Professionals and exhibitors emphasize that the event promotes project presentation, competition and the availability of real estate products that suit different segments of society
Restatex Riyadh Real Estate Survey

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Amlak monitors opinions. Riyadh Restatex through the eyes of real estate professionals

Amlak Real Estate newspaper monitored the opinions of a number of participants and visitors to the activities of the "Restatex Riyadh Real Estate" exhibition, in its new version for this year 2024, who agreed that it is an opportunity to provide real estate products for various segments of society.

Mohammed Al-Murshid: Real estate exhibitions are an indicator of interest and development

<img alt=«» load="lazy" decoding="async" class="aligncenter size-medium wp-image-63396" src="https://amlak.net.sa/wp-content/uploads/2024/02/محمد-المرشد-رئيس-اللجنة-العقارية-باتحاد-الغرف-التجارية-السعودية-1-300x300.jpg" width="300" height="300" srcset="https://amlak.net.sa/wp-content/uploads/2024/02/محمد-المرشد-رئيس-اللجنة-العقارية-باتحاد-الغرف-التجارية-السعودية-1-300x300.jpg 300w, https://amlak.net.sa/wp-content/uploads/2024/02/محمد-المرشد-رئيس-اللجنة-العقارية-باتحاد-الغرف-التجارية-السعودية-1-1024x1024.jpg 1024w, https://amlak.net.sa/wp-content/uploads/2024/02/محمد-المرشد-رئيس-اللجنة-العقارية-باتحاد-الغرف-التجارية-السعودية-1-150x150.jpg 150w, https://amlak.net.sa/wp-content/uploads/2024/02/محمد-المرشد-رئيس-اللجنة-العقارية-باتحاد-الغرف-التجار Mohammed bin Abdullah Al-Murshid, Chairman of the National Real Estate Committee at the Federation of Saudi Chambers of Commerce, explained that the exhibitions represent awareness, awareness, responsibility, empowerment and opportunities for investment from those interested in the sector and the latest developments in the real estate sector, professional offers, brokerage and marketing offers.

Mohammed bin Abdullah Al-Murshid <Al-Murshid added: "Today we are witnessing quality projects in various regions of the Kingdom, residential and commercial, such meetings are an exchange of experiences and intersection of interests, and the presence of these various companies in addition to some state sectors, financing companies and banks under one roof is a wonderful opportunity for everyone, and today the exhibition in its current edition is a clear and explicit indication of interest, experience and development from year to year."

Murshid added.

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Abdulkareem Al Akil:The spirit of competition between companies

Mr. Abdulkarim Al Aqeel, Director of Sales Department at Al Saidan Real Estate Company, stressed that the Restatex exhibition facilitates the real estate developer's access to the consumer directly in addition to creating a spirit of competition between companies that offer previously unannounced discounts with very large discounts that may reach more than one hundred thousand Saudi riyals and this is a large amount for a real estate unit worth more than one million riyals.

Mr. Abdulkarim Al Aqeel, Director of Sales Department at Al Saidan Real Estate Company, said.

Al Akil added: The real estate market is generally variable and may go through a period in which it is prosperous and another period in which there is a slight recession and then it returns to prosperity, and in 2024 we noticed a very large real estate movement, and the demand for residential units is high, but there are some bank beneficiaries who sometimes cannot keep up with the rapid renaissance and the rise in prices in the recent period, especially since prices are rising and this is an indicator that Riyadh today has become a world destination.

Riyadh today has become a destination for the world.

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Abdulaziz Al-Damgh: Customers are younger than ever

Mr. Abdulaziz Al-Damgh, Sales Manager (Darah), one of Ajdan's projects, explained that today the Kingdom of Saudi Arabia is witnessing a very large development in the real estate sector, whether in the suburbs outside the main areas or within them, and these exhibitions may be a meeting point between everyone and an opportunity to highlight the projects that we work on, and today we seek to highlight the quality of construction and quality of life that we can provide to the consumer through this exhibition.

He went on to say: I agree with the saying that the best time to buy real estate is yesterday and the second best time to buy real estate is today and everyone used to wish that when he was younger to own a property, and today, thank God, we notice that the age of customers has become younger than before and it is not necessarily an old age and the father of five or six children to think about home ownership and many young people have the purchasing power to own real estate through our follow-up of the market in the past period.

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Abdullah Al-Zahrani: High positive and economic impact

Abdullah Mohammed Al-Zahrani, Sales Supervisor of Tilal Real Estate Company in Riyadh, explained that their ambition is to reach through this exhibition to the Saudi individual's ownership of housing in line with the direction of Vision 2030 launched by His Highness Prince Mohammed bin Salman, may God protect him, and in line with this goal now we have five projects in the Kingdom and are coming with huge projects that meet the needs and desires of all citizens and residents.

Zahrani added. Al-Zahrani added that the impact of such a real estate exhibition is positive and high economic, which may attract first the citizen, then the resident and the visitor; he attributed this to the fact that the National Housing Company kindly sponsored by the Ministry of Municipal and Rural Affairs and Housing to support real estate with suburbs that provide quality of life for the citizen and this bright future that everyone is waiting for.

Al-Zahrani added that the impact of such an exhibition is positive and high economic.

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Rafat Ali: Providing real estate and financing products

<Mr. Raafat Ali, Director of Marketing at Darko Real Estate, said: Presence is now important in real estate exhibitions and the state's direction is clear to facilitate ownership for individuals by supporting and providing solutions that facilitate the process of home ownership for the customer.

He pointed out that their presence with other developers has become an essential thing in these exhibitions as they are attractive to all segments of customers looking for housing, and it is easy to reach the targets, and provides them with all services from real estate product, financing and after-sales services, and pointed out that the ambitions are very large to build large partnerships with financing bodies, suppliers and supply chains and achieve a sales process to provide a housing product to the end customer.

The aim is to build large partnerships with financing bodies, suppliers and supply chains and achieve a sales process to provide a housing product to the end customer.

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Turki Al Morshedy: A bridge between business and consumer

Mr. Turki Al-Morshedi, one of the visitors, expressed his satisfaction with Restatex Riyadh, stressing that exhibitions of this quality and with this momentum and great interaction are a great motivation for the real estate sector and building a bridge between development companies and the end consumer.

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Mohammed Masawi: Attracting foreign investments

Mr. Mohammed Ali Masawi, owner of a contracting, maintenance and operation company, stated that the impact of the Restatex real estate exhibition is positive at all levels and attracts foreign investments in a strong and large way through which investors see where Saudi real estate has reached today.

Mohammed Ali Masawi, owner of a contracting, maintenance and operation company, stated that the impact of the exhibition is positive on all levels and attracts foreign investments.

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Fouad Bin Taleb: The show is professional and beautiful

Mr. Fouad Bin Talib, one of the visitors to the exhibition, stressed that such real estate platforms provide the real estate product within the reach of all people, and leave a complete perception of the companies and their activity, and the presence of companies in abundance creates competition and everyone wants to display their product in a beautiful professional manner; as well as provide competition in prices without a doubt.

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Youssef Al-Shamrani: Half an hour is enough

For his part, Mr. Yousef Al-Shamrani, a visitor to the exhibition, said that this real estate platform brings together under one umbrella all spectrums of the real estate sector and the visitor can come here and take a tour that may not take half an hour but it saves him the effort of months of searching for housing.

<Al Shamrani said: There are two main messages provided by the exhibition: The first is to save time and the second is to save effort and there may also be money, especially since some companies offer exclusive discounts for visitors to the exhibition.

Al Shamrani said: There are two main messages provided by the exhibition.