National Housing Company (NHC) achieved a significant rise in residential sales during the first half of 2024, with total sales reaching SAR 13.5 billion, surpassing last year's performance by four times for the same period, with more than 13,000 residential units sold. This achievement reflects the company's continuous efforts to meet the needs of citizens in various regions of the Kingdom, while providing an integrated urban environment that contributes to improving the quality of life.

The central region, particularly the capital Riyadh, achieved the highest sales rate, with Khuzam, Al Fursan and Al Asala communities, in addition to Dana Al Mashriqiya, recording sales of 7,000 residential units worth SAR 8 billion, reflecting the high demand for new projects in Riyadh.

<In Jeddah, Makkah and Madinah, real estate projects saw a significant rise in sales, with 4,799 units sold during the first half of 2024, compared to 2,500 units in the same period of the previous year. This growth was driven by new launches in the region, which included projects such as Sadeem Suburb, Makkah Gate Suburb, and Al Saddan Community.

The company's projects in the region also recorded a significant increase in sales in the first half of 2024. <The company's projects in the Eastern Province also recorded significant growth, with sales reaching 1,599 units in Al Waha suburb and Qumra community, representing double the growth compared to the previous year. This growth reflects National Housing's launch of many new housing projects in various regions of the Kingdom, with the aim of achieving the targets of Saudi Vision 2030 to raise the percentage of residential ownership to 70%.

National Housing's success comes as a result of the company's projects in the Eastern Province, where sales reached 1,599 units. <This exceptional success comes as a result of the company's adoption of the concept of comprehensive development in its suburbs and communities, which provides an integrated lifestyle that combines housing, entertainment, health and social services in one place. The company also relies on sustainable urban planning by increasing green spaces and providing safe pedestrian and bicycle paths, in addition to providing easy financing offers for citizens of different segments.

National Housing Company is one of the largest major developers of suburbs and urban communities in the Kingdom, working to provide more than 300,000 housing units by 2025 in 9 suburbs and 6 residential communities on an area of more than 100 million square meters, accommodating more than one and a half million citizens. The company seeks to enhance the real estate supply with various housing options according to international standards, with the aim of achieving the goals of the Kingdom's Vision 2030, which seeks to raise the percentage of residential ownership for Saudi families to 70%.