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New Age Housing

Families are increasingly turning to compounds in major cities as they seek privacy, security and services, with developers shifting to targeting citizens.
Real Estate Marketing - Lana Al-Shabaneh - The Line

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New Age Housing

Lana Fahad Al-Shabaneh

What is the reason for the increasing demand for residential complexes compounds in major Saudi cities?

In recent years, with the increase of foreign residents in Saudi Arabia, especially in major cities such as Riyadh, Jeddah and Khobar, the phenomenon of compound or residential complexes has become a favorite choice for many families because of its privacy, security and integrated services.

The emergence of these complexes is due to the increase in the number of foreign residents in Saudi Arabia. The emergence of these complexes is due to several factors, including the growth of the middle class, the increase in the number of foreigners in some cities, as well as the change in the daily lifestyle of some individuals, where comfort, safety and services are at the forefront of the population's priorities, as it provides a closed social environment that often converges the cultural and social backgrounds of the population.

Some local real estate companies have started to build this type of housing with international specifications, targeting citizens and not only residents, reflecting the change in housing culture, and although housing prices in the compound are usually higher than traditional neighborhoods, the demand for them indicates a real shift in the housing market and lifestyle in the Kingdom, and these complexes contribute to stimulating the real estate market and enhance investment trends in the private residential sector. For example, some new neighborhoods in Riyadh, such as Al Narjis and Al Malqa, have witnessed a remarkable growth in integrated residential complexes.

For example, some new neighborhoods in Riyadh, such as Al Narjis and Al Malqa, have witnessed a remarkable growth in integrated housing complexes. As economic and social transformations continue, this phenomenon is expected to expand in the future, so it is important when choosing housing to balance the cost, location, and lifestyle appropriate to the family's needs to ensure long-term stability and comfort.

When choosing housing, it is important to balance cost, location, and lifestyle to ensure long-term stability and comfort.