The report indicated that more than 96 thousand families benefited from housing support, in addition to providing services to 20 thousand families through developmental housing. The program signed more than 26 thousand contracts for Ministry of Municipal and Rural Affairs and Housing lands, including 11 thousand contracts in the fourth quarter alone.
The report also included a review of the program's initiatives. <The report also included a review of construction and development initiatives, as the “Completion” program approved more than 800 plans and issued more than 3,000 building permits, in addition to providing 10,000 housing units for development housing beneficiaries. The number of contracts signed for the off-plan product amounted to 10,904 contracts.
<The report also included a range of housing facilities and services, including the real estate consultant, issuing real estate transaction tax certificates, displaying the prices of financing agencies, and issuing land contracts electronically. The report reviewed the housing strategy and its impact on the real estate market, and the shifts in the global economic system.
The report emphasized the success of the housing strategy and its impact on the real estate market. <The report emphasized the success of the program in launching many initiatives and development projects that supported the housing market in the Kingdom and attracted private sector developers and partners. It also documented the program's successes in providing various housing products and facilitating access to easy mortgage financing.
The report also documented the program's successes in providing various housing products and facilitating access to easy mortgage financing. The housing program seeks to enable Saudi families to easily own a suitable home, and continues to provide multiple housing and financing options to achieve the goals of the Kingdom's Vision 2030.
To view the 2023 Housing Program Annual Report. Click here
