Chairman of the Real Estate Authority: We work to support the state's directives to achieve balance in the real estate market

The General Authority for Real Estate works with the authorities to enhance market efficiency and transparency and achieve balance and sustainability of real estate growth in Riyadh.
CEO of the Public Authority for Real Estate Engineer Abdullah Al-Hammad

Posted in

Abdullah bin Saud Al-Hammad, CEO of the General Authority for Real Estate, emphasized that the attention and follow-up by the Council of Ministers clearly reflects the keenness of the wise leadership to address the challenges and achieve the required balance in the real estate market, which serves the interest of citizens and residents alike, and contributes to ensuring the sustainability of the growth of this vital sector.

The real estate sector in the city of Riyadh clearly reflects the keenness of the wise leadership to address the challenges and achieve the required balance in the real estate market. <In a tweet posted on his official account on the X platform, Hammad said: “The Cabinet's interest in the real estate sector in the city of Riyadh from the developments and follow-up steps to achieve balance in it, confirms the keenness of the wise leadership to address the challenges and promote the sustainability of real estate growth to serve the citizen and resident."

Hammad said. He added: "At the Real Estate Authority, we work in partnership with the relevant authorities to support these trends by enhancing market efficiency, achieving balance, and building an advanced and sustainable real estate sector that meets the objectives of Saudi Vision 2030.”

The statements come in line with the objectives of Saudi Vision 2030.

These statements come in light of the remarkable developments witnessed by the real estate market in the capital, Riyadh, amid integrated efforts to enhance transparency and justice, and ensure a safe and stable investment environment.

These statements come in light of the remarkable developments witnessed by the real estate market in the capital, Riyadh.