Riyadh-Amlak
The Ministry of Housing has embarked on the implementation and design of more than 140 housing projects within its plans that cover all regions of the Kingdom, as a number of ready-made housing unit projects have been delivered and the implementation of other projects is completed within 47 projects.
The Ministry pointed out that it has previously signed contracts for the implementation of 10 land development projects for model neighborhoods with integrated services and infrastructure works, including water, sewage, irrigation, electricity, communications, lighting, paving, asphalt, afforestation and gardens, in addition to providing sites for educational, recreational and commercial facilities, mosques and mosques, according to high planning standards and technical specifications for the relevant authorities, ensuring the establishment of a vital social environment for the Saudi family, stressing that these lands will be distributed after completion of their development to citizens with loans to build on them, and the Ministry is in the process of signing more.
The ministry explained that the ten projects being implemented will provide more than 50,000 housing units, distributed in the governorates and regions of the Kingdom.
It is noteworthy that the Ministry of Housing assured applicants through the electronic portal “Iskan” that they will begin to receive housing products only seven months after application, interspersed with sorting applications and studying priority points before starting to allocate housing products, noting that it is continuously acquiring new lands and entering the production line to pump more projects, indicating that it is working on preparing a program aimed at partnership with the private sector to enhance the role of the real estate developer in the housing market and provide housing units at appropriate prices for citizens.
