The National Housing Company (NHC) announced that “ Khuzam ” achieved total sales exceeding 17 billion riyals, through the sale of 19,000 housing units distributed across projects implemented by the company directly or with real estate developers, reflecting the great demand from individual and investor buyers, and confirming the advantages of NHC projects and its interest in all the details of quality of life in its distinguished communities where the housing seeker finds everything he wishes for in a new and innovative style.
Khuzam extends over an area of more than 30 million square meters, providing more than 50,000 residential units. It is a strong investment opportunity with all its components and what it contributes to raising the concepts of quality of life, and its approach to urban planning that supports humanization and the integration of services and recreational, health, educational, commercial, social and sports facilities, to create an integrated lifestyle system that allows all residents to enjoy it and spend wonderful times near their homes.
Khuzam, located north of Riyadh, includes the Khuzam Grand Park, which is one of the largest parks in Riyadh, with an area exceeding 4.5 million square meters. Green spaces cover an area exceeding 6 million square meters, giving vitality and stunning nature to Khuzam, where the per capita share reaches 26 square meters. This is in line with the target of the Saudi Green Program. Khuzam also aims to plant more than half a million trees.
It is worth mentioning that the National Housing Company (NHC) is the enabler of the real estate development sector and the main developer of urban communities in the Kingdom that are characterized by quality of life, as it is injecting more than 300,000 housing units by the end of 2025 AD in 9 suburbs and 6 residential communities on an area that exceeds 100 million m2 and can accommodate more than one and a half million citizens. It seeks to find solutions to secure supply chains with high quality and more sustainable construction materials, within the framework of the company’s keenness to increase the supply of real estate with housing options according to international standards, in order to achieve the objectives of the Kingdom’s Vision 2030, by raising the rate of homeownership for Saudi families to 70%.
