<img loading="lazy" decoding="async" class="alignnone size-medium wp-image-8298" src="https://amlak.net.sa/wp-content/uploads/2015/12/خال-الصعب-رئيس-شركة-أسوار-المتحدة-300x272.jpg" alt="Khal Al Saab President of United Fences" width="300" height="272" srcset="https://amlak.net.sa/wp-content/uploads/2015/12/خال-الصعب-رئيس-شركة-أسوار-المتحدة-300x272.jpg 300w, https://amlak.net.sa/wp-content/uploads/2015/12/خال-الصعب-رئيس-شركة-أسوار-المتحدة-1024x930.jpg 1024w, https://amlak.net.sa/wp-content/uploads/2015/12/خال-الصعب-رئيس-شركة-أسوار-المتحدة-768x698.jpg 768w, https://amlak.net.sa/wp-content/uploads/2015/12/خال-الصعب-رئيس-شركة-أسوار-المتحدة-1536x1395.jpg 1536w, https://amlak.net.sa/wp-content/uploads/2015/
While Khaled Abdullah Al-Saab explained that the decision of the Council of Ministers will greatly help the Ministry of Housing in solving a large part of the crisis of providing adequate housing for eligible citizens, because the owners of white lands within the urban area will have no choice but to develop these lands and establish housing projects on them, to avoid paying the annual fees, especially if the lands have large areas, adding that the order is not to collect, but to push the housing issue towards a solution that will satisfy all parties.
While Khaled Abdullah Al-Saab explained that the decision of the Honorable Cabinet will greatly help the Ministry of Housing in solving a large part of the crisis of providing adequate housing for eligible citizens
Housing and Finance
For his part, Mohammed Al-Jumaan said that this decision came at an appropriate time and supports the Ministry of Housing to solve the great housing crisis because the money collected from the fees will be in an account at the Ministry of Finance for the benefit of the Ministry of Housing to support infrastructure projects in new plans and support real estate developers through partnerships in completing residential projects in various regions of the Kingdom
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Added: "I expect that there will be serious work from all parties to convert all white lands into developed lands and residential projects."
Some White Land Owners Fraud
warned that some owners of white land will circumvent the decision of the Council of Ministers through several ways, including dividing large lands into small pieces to avoid the imposition of fees, especially since there is a period to apply the decision extends for a full year, and this time will allow them to invent new means and tricks to enable them to escape the application of fees to them.
Saud Al Qahtani warned that the decision will be implemented for a year.
Historic decision
Zafer Mohammed Al-Mutairi said that the Cabinet's decision to impose two and a half percent on white land within the urban area is a historic decision in the interest of the citizen and the country and will stop trading in land and circulating it among a certain group, until it witnessed an exaggerated rise. He called for caution and caution against some landowners secretly planning to follow some methods that make the fees not applied to them.
Stop speculation
expressed his great pleasure with the issuance of the decision, noting that it will definitively stop speculation in white lands after their prices reached astronomical figures that burdened the simple citizen looking for a small land on which to build his family's home, and said: I had hoped that the period preceding the implementation of the decision would be shortened to less than a year so that the land would decrease for the time being.
End of monopoly
The era of monopoly is over, Yazeed Al-Ghamdi began his speech, pointing out that it is not reasonable that there are millions of white areas within the urban area and provided with all services and at the same time only a few benefit from them, trading them among themselves to raise their prices and expressed his thanks and appreciation to the Cabinet, stressing that the government of the Custodian of the Two Holy Mosques has always sided with the interest of the citizen and meets his requests.
The keenness of the rulers
For his part, Abdulrahman Al-Shahrani said that the approval of the Council of Ministers headed by the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud on the white land fees system was an affirmation of the keenness of the rulers to the interest of citizens and a final solution to the housing crisis so I ask real estate development and contracting companies to seize this opportunity to coordinate their efforts and contribute positively to solving the housing crisis.
He explained that the Cabinet's approval to impose a system of "annual fees on all vacant lands allocated for residential or commercial residential use within the boundaries of the urban area", at a rate of (2.5 %), would
Stimulate the real estate market to create diverse and affordable housing units for low-income people, thus providing citizens with several options and creating strong and honest competition in the real estate market.
Great challenge
Engineer Abdullah Al Kathiri emphasized that the Cabinet's decision put real estate development and contracting companies in front of a big challenge to prove their ability to accomplish professional work <span class="Apple-converted-I would also like to thank the Custodian of the Two Holy Mosques and his wise government for this historic decision, which is in the interest of the citizen and puts things back in order.
He continued: "The approval of fees on white lands will return more than 50% of ready-to-build residential lands within the urban area that have not been utilized - according to the study prepared by the Supreme Authority for the Development of Riyadh City - to the market and this in itself is very important and in the interest of addressing the market and providing appropriate housing for the citizen."
Real estate expert Muhannad Al-Jassim said, "The Cabinet's approval of the fee system is a clear evidence that the government of the Custodian of the Two Holy Mosques is a clear indication that is keen to address the situation and solve the housing issue and stop the escalation of white land prices, which have reached exaggerated figures.
