The Ministry of Housing inaugurated today the introductory exhibition for off-plan residential apartments that will be built by real estate developers in the area north of King Abdulaziz International Airport in Jeddah, where the exhibition contains the pavilions of the five developers participating in the program, which included dozens of models and models of residential buildings and apartments of different shapes and sizes, while the total number of apartments to be sold and stop this system reached 4242 apartments.
The Ministry of Housing has accredited developers to design, market and build residential buildings on the Ministry's land, according to which dozens of models and models have been prepared. The Ministry of Housing has approved developers to design, market and build residential buildings on the Ministry's land, according to which dozens of models and models were prepared, and the Ministry obliged the developers to make their designs of a character that achieves comfort and takes into account the appropriate distances for various activities within the residential unit, as well as periodic maintenance for 5 years, which ensures high quality.
In this context, Magdy said that the Ministry of Housing has approved developers to design, market and build residential buildings on the Ministry's land, which included dozens of models and models of residential buildings and apartments of various shapes and sizes. In this context, Magdy Hariri, Chairman of Makyon Urban Developers, said that the company entered as one of the competing developers, as the project was divided into 7 areas and Makyon was chosen to be responsible for developing the fourth area, which contains about 645 housing units.
Magdy Hariri, Chairman of the Board of Directors of Makyon Urban Developers, said that the company entered as one of the competing developers, as the project was divided into 7 areas. He added that these projects are the first partnership between the Ministry of Housing and the private sector, a step aimed at realizing the Ministry's vision in the long-term strategic plan by gradually involving the private sector to play a role in solving the housing issue in Saudi Arabia.
Makyon Developers Chairman added that these projects are the first partnership between the Ministry of Housing and the private sector. It should be noted that the Ministry of Housing has more than one project in Jeddah Governorate, which began work earlier to implement them, namely the airport project in North Jeddah and the Prince Fawaz plan project in South Jeddah, while several sites are currently being prepared to be offered for implementation by the private sector approved by the ministry from real estate companies, while the ministry will send letters to its approved beneficiaries to determine the dates of their attendance at the exhibition and view the housing units.
The Ministry of Housing will send letters to its approved beneficiaries to determine the dates of their attendance at the exhibition and view the housing units.
