Tawil explained on Al-Ikhbariya TV that the decision will contribute to the ownership of housing in the ministry's residential projects. In an intervention on Al-Ikhbariya channel, Al-Tawil explained that the target groups of this decision include singles, divorced women, those who have previously obtained a mortgage loan, or those who already own a home, noting that the decision contributes to expanding the ownership base and enhancing housing options within the integrated residential suburbs implemented by the ministry in various regions of the Kingdom.“
Tawil said that the decision contributes to expanding the ownership base and enhancing housing options within the integrated residential suburbs implemented by the ministry in various regions of the Kingdom. The Undersecretary pointed out that the decision represents a qualitative step in the efforts to balance supply and demand in the real estate market, and aims to accelerate the pace of home ownership for citizens, whether beneficiaries or non-beneficiaries of support programs, such as those who wish to improve their housing or move to a new housing unit.
Tawil stressed. Tawil emphasized that the ministry plans to offer more than 600,000 housing units until 2030, which will be available to individuals and families outside the housing subsidy lists, providing wider opportunities to own housing in full-service urban environments.
Tawil stressed that the Ministry of Housing plans to offer more than 600,000 housing units until 2030, which will be available to individuals and families outside the housing subsidy lists. In its last session, the Council of Ministers approved granting the Ministry of Municipalities and Housing the authority to sell housing units - in its projects - to non-beneficiaries of housing subsidies, according to regulations organized by the Ministry in coordination with the relevant authorities, within the framework of the state's keenness to diversify ownership solutions and meet the challenges of the real estate market.
