SAR 1 billion total value of mortgage financing provided to “Sakani” beneficiaries during Cityscape

The fund signed 6 agreements, launched the "Zara Housing Plus" product and received more than 20,000 visitors.

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The Real Estate Development Fund announced the total value of mortgage financing provided to beneficiaries of housing support programs on the sidelines of Cityscape World Expo, which amounted to about one billion riyals.

He explained that the total volume of mortgage financing provided to “Sakani” beneficiaries amounted to about one billion riyals during 4 days of Cityscape, explaining that this achievement reflects the great success and effectiveness of the strategic partnership with the private sector from financing bodies and real estate developers in such international exhibitions, which is an exceptional destination for housing seekers to facilitate their journey to own the housing product suitable to their desires.

He added that the variety of solutions provided for the housing support programs amounted to about one billion riyals. He added that the diversity of financing solutions within more options and benefits contributed to reducing the financing burden and enhanced the high volume of demand to benefit from financing and housing solutions to own the appropriate housing, stressing the continuity of providing the housing support program within various financing solutions and benefits, including housing support packages that provide immediate support up to 150 thousand riyals and the financing solution “your support equals your installment” and the lowest financing profit margin of 2.59%.

The Real Estate Fund pointed out that the financing solutions and benefits of the housing support program are not limited to the financing package that provides immediate support up to 150 thousand riyals and the financing solution "your support equals your installment" and the lowest financing profit margin of 2.59%.

The Real Estate Fund indicated at the end of its participation in the events of <a href=“https://x.CSGlobalKSA/status/1857087585983533108”>Cityscape Global Exhibition, indicated that it signed 6 agreements and memorandums of cooperation with the public, private and non-profit sectors, as well as launched the product “Za'a Skan Plus” in partnership with Sakan Foundation, announcing the visit of more than 20 thousand visitors in addition to a number of visits by Arab, Gulf and international delegations participating in Cityscape to its interactive booth, which introduced visitors to financing solutions and exclusive opportunities to facilitate the journey of ownership.