2025. Preserving achievements
Abdulaziz Alissa
The real estate sector is moving towards the end of the first quarter of the third millennium, celebrating a lot of brightness and achievements that doubled its responsibility to maintain this high level of glow and attract more interested people and investors to it.
The real estate sector has come to the end of the first quarter of the third millennium, celebrating many brightnesses and achievements that doubled its responsibility to maintain this high level of glow and attract more interested people and investors to it.
<2025 comes to us with legislative regulations and controls that gave the property its value as a national wealth that must be preserved and maximized according to transactions and procedures fully supported by real estate technologies to achieve speed, accuracy, transparency and preserving the rights of all beneficiaries, and went further by qualifying, training and refining cadres to close the loopholes in front of the random market These sincere national efforts led the Global Real Estate Transparency Index for 2024 to classify the Saudi real estate market as one of the most improved markets globally, and this praise and evaluation came as a result of the efficiency of the sector.
The new year will be full of challenges to preserve, maximize and pay attention to the general gains, especially with regard to explaining more than 20 legislations to the real estate public, so that they reach all real estate dealers, so we hope that the new year will be full of real estate culture and activating councils and diwaniyas to talk about the future of the sector in light of these great incentives that made the regulations a protective shield against overreach, confusion and swimming against the current.
We hope that the new year will be full of real estate culture and activating councils and diwaniyas to talk about the future of the sector in light of these great incentives that made the regulations a protective shield against overreach, confusion and swimming against the current. Among the achievements of 2024 is the outstanding success of the real estate exchange, where the total amount traded for completed orders reached about 1.5 trillion riyals, and more than 210 thousand transactions were completed during the first half of the current year 2024. More than 740 thousand real estate trading requests were processed through the platform, while more than 237 million real estate documents were digitized, while the real estate brokerage system has received a great deal of success in implementation, as 3.5 million real estate transactions were completed with a total value of more than 605 billion riyals.
The real estate brokerage system has received a great deal of success in implementation, as 3.5 million real estate transactions have been completed with a total value of more than 605 billion riyals. So, the new year 2025 will be a new theater for more numbers and statistics that will build a solid foundation for the indicators of the coming years to measure the thermometer of the real estate sector's performance.
New year 2025 will be a new theater for more numbers and statistics that will build a solid foundation for the indicators of the coming years to measure the thermometer of the real estate sector's performance.
