Development & Construction

Minister of Finance issues a directive to reduce the value of real estate leases for government entities by no less than 20%

Reading time: < 1 Minuteأصدر وزير المالية توجيهاً بتخفيض قيمة عقود استئجار العقارات الحكومية بنسبة لا تقل عن 20%، وأشار التعميم، الذي تلقت صحيفة أملاك العقارية نسخة منه، إلى ... Read more

06/29/2020

Ministry of Finance - Kingdom Budget - Renting Real Estate

42 million riyals in white land fees for 4 real estate companies

Tadawul disclosures reveal that four listed real estate companies received invoices for white land fees worth SAR 42.48 million in Riyadh.

Ministry of Municipalities and Housing launches «Contractor Coding» initiative to boost project delivery efficiency

The initiative creates a periodic list of defaulting contractors, links project participation to past performance, and provides rehabilitation programs to improve efficiency.

Directory of offending residential units

Launching the draft control manual for violating residential units Controls and fines of up to 25,000 riyals

The ministry has released a draft regulatory guide to prosecute violating unit division, with fines of up to 25,000 riyals.

«White Land»: Developing the land stops fees and enhances the efficiency of the real estate market

The program confirms that the completion of land development suspends fees and incentivizes investment within urban areas to increase supply and balance the market

«Ejar launches settlement invoice reversal service to enhance transparency of contract termination

The new service enables canceling the settlement invoice after the termination of the lease contract and sharing it with the competent authorities to ensure the accuracy of financial transactions.

White Land Fees Program

VIDEO... Full digitization of white land fees... An official reveals details of the procedures and owners' rights

A unified electronic platform for white land fees allows invoicing, payment and objection within 60 days and promotes transparency and preservation of owners' rights

Public Authority for Real Estate logo

The General Authority for Real Estate stops a real estate auction and refers two auction organizers to the concerned authorities

KDIPA stops an illegal auction and refers two auction organizers for investigation after receiving funds without licenses, and confirms tightening control over the market

White Land Fees

«January bill» Confusing the calculations of the big boys: Will «white taxes» end land monopolies in 2026?

Issuing 60,000 invoices puts major developers under direct financial pressure on liquidity and profits if they don't commit to development

Ministry of Finance - Markets

Ministry of Finance requires all government entities to offer transportation through Etimad e-auction

The decision includes making it mandatory for all entities to sell movable assets through Etimad's online auction platform to enhance transparency and efficiency in managing government assets.

White Land System Logo

The virtual branch of the White Land Fees. A digital transformation to serve beneficiaries

An integrated digital platform for white land fees and vacant properties that simplifies procedures, speeds up transactions, and promotes digital transformation in the real estate sector

Excavation work

12 Articles Regulating the Naming of Public Facilities

New rules for naming public facilities repeal previous regulations, specify controls for religious names and personalities, and distribute naming powers to government agencies.

City-Riyadh

Upcoming amendments to the Owners' Association Law to strengthen the governance of real estate complexes

Saudi Real Estate Authority approves updating the owners' association system and adopting a pilot environment for real estate technology to enhance governance and sustainability of the market

Al-Haqeel

Al-Haqeel: The start of invoicing white land fees supports their development and balance in the real estate market

Riyadh begins issuing white land fees invoices to promote balance in the real estate market and incentivize land development.

Ministry of Municipalities and Housing - Group Housing Requirements

«Municipalities and Housing» issues municipal requirements for temporary hostels in Makkah and Madinah What are they?

The Ministry of Municipalities and Housing issues new municipal requirements for temporary hostels in Makkah and Madinah to enhance the quality of services.

Today. Foreign ownership of real estate in Saudi Arabia begins

Saudi Arabia's foreign ownership of real estate has been introduced to boost foreign investment and develop the real estate sector.

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