Markets

35 billion riyals worth of housing finance for individuals in 5 months

Reading time: < 1 MinuteEconomic reports revealed that the value of housing finance for individuals provided by banks and finance companies amounted to about 34.93 billion riyals during the first five months of 2023, compared to 55.39 billion riyals

05/07/2023

Retail Housing Finance

“Monsha'at concludes the ”Real Estate and Contracting Week“ with the participation of 40 organizations and 2600 beneficiaries

شراكات مع جهات حكومية وخاصة، تسليط الضوء على فرص استثمارية تجاوزت 2.2 تريليون ريال ودعم رواد الأعمال.

Residential program

«Umm Al-Qura signs SAR 600 million deal to develop a luxury residential tower near the Haram

The contract is with trust fund Rutal Roya Al Haram, executed by Rutal Development and includes around 200 luxury residential units.

Infographic: 5 essential conditions before starting construction

بلدية الخبر تُشدد على الالتزام بالتصاريح، السور المؤقت، النظافة، المخططات المعتمدة ومنع تخزين المواد خارج الموقع

Residential program

More than 4.6 million users of the platform until the first half of 2025

The platform has concluded more than 106,000 contracts, received about 160 million visits and registered more than 200,000 new users.

Real Estate Marketing - Lana Al-Shabaneh - The Line

«Decisive 90 days»: How is the Crown Prince's directive redrawing the map of rents in Saudi Arabia?

The Crown Prince orders a 90-day extension of the study on regulating the landlord-tenant relationship to develop a comprehensive and fair regulatory framework.

Infographic: The benefits of off-plan sales for buyers and tenants

Infographic highlights the benefits of an early real estate model in Saudi Arabia: Legal protection, completion-linked installments, wider options and competitive prices.

Residential program

One billion and 60 million riyals deposited in the accounts of «housing subsidy» beneficiaries for June

The Real Estate Fund allocated the amount to support the profits of housing program contracts and encourage the completion of construction through a new disbursement mechanism.

Apartments for rent - apartment rental platform - residential rental - real estate lease

Goals and steps to use Ejar's pickup and delivery service

A mandatory e-service that documents the status of the property within seven days and is linked to the notarized contract to preserve the rights of the parties and minimize disputes.

Residential program

How do you transfer debt and reschedule housing subsidies?

Detailed steps to use Sakani platform to transfer and reschedule your loan online

China

China's new home prices at 7-month low

Official data shows a monthly decline of 0.22% in May, and existing home prices fell 0.5%.

America

U.S. housing sector falters in the face of rising mortgage interest

مؤشر ثقة البُناة هبط إلى 32، 37% قدموا تخفيضات، ولينار سجّلت هبوط متوسط أسعار بنحو 9%.

Residential program

“ROSHN launches Al Dana community and offers more than 1000 residential units in Dhahran

A 145,000 square meter integrated residential community with villas, duplexes, educational and commercial facilities, and green spaces

Infographic: 5 main types of real estate brokerage contracts And the basic requirements to conclude them

The Public Authority for Real Estate defines five contracts, a documentation system and a mandatory license to ensure transparency and protect rights.

Residential rents accounted for the largest share of inflation in May

Annual inflation 2.2% in May led by rising rents 8.1% and housing share 25.5%.

Mubarak Al Salami, 94th National Day - Haseefa Real Estate

Mubarak Al-Sulami: Pilgrims are looking for affordable housing and comfort

Al-Sulami emphasizes the growing demand of pilgrims for comfortable and affordable accommodations near Mecca, Medina and the airports.

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