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
Residential program

“The Knights” Torches... NHC's new project with an investment of more than 880 million riyals

NHC launches Mashael Al Forsan project with an investment of more than SAR 880 million in Al Forsan destination in Riyadh.

Residential program

NHC signs agreement to build 1,290 units in Al Ahsa's Al Wurood destination worth more than SAR 651 million

NHC signs an agreement to build 1,290 housing units in Al-Ahsa worth SAR 651 million as part of Vision 2030.

“NHC achieves a Guinness World Record with record sales during a real estate event

NHC sets a 24-hour residential sales record at Cityscape Global 2024.

Worth more than 100 billion riyals. President of the National Housing Authority announces the launch of 134 thousand housing units

Offering 134,000 housing units worth more than 100 billion riyals as part of the National Housing Company's 2025 plan.

Majid Al Haqeel at Cityscape

Al-Haqeel at the opening of Cityscape: Major cities need 1.5 million housing units by 2030

Saudi cities need 1.5 million housing units by 2030 to boost economic growth and urbanization.

Rescue

«Enforcement launches 75 auctions to sell 886 properties across the Kingdom

Enforcement is organizing 75 auctions to sell 886 properties across the Kingdom from November 15-30, 2025.

The Housing Program presents quality and competitive products at Cityscape Global 2025“

The Housing Program participates in Cityscape Global 2025 to showcase its achievements and innovative housing solutions.

Real Estate Equilibrium Platform

The qualifiers continue December 17 is the date of the lottery among the beneficiaries of the “Real Estate Balance Platform”

The Royal Commission announces the results of the land entitlement in the Real Estate Balance Platform and sets the lottery date for December 17.

AlUla Development Company announces award of contract for Diyar Al Mahash project to enhance residential infrastructure

AlUla Development Company awarded the contract for the Diyar Al Mahash project to enhance the residential structure in AlUla Governorate.

Jeddah at the heart of real estate transformation 1000 new luxury housing units by 2030

Jeddah is set to add 1,000 new luxury housing units by 2030 as part of the Kingdom's Vision 2030.

Residential program

NHC announces the start of sales at Al Jana Destination in North Jeddah

NHC starts selling residential units in Al Jana Destination in North Jeddah on an area of 920,000 square meters.

National Housing Company

NHC announces the start of sales at Rehab Jeddah Heights A complete residential experience

Saudi Central Bank

Saudi Arabia's central bank cuts interest rates by 25 basis points to promote monetary stability

Saudi Arabia's central bank cuts interest rates to support monetary stability in the face of global economic challenges.

Residential program

NHC announces the completion of the first phase of Rawasi and the start of sales in the second phase

NHC completes the first phase of Rawasi and begins selling the second phase at Jeddah Heights.

Living Room Furniture Arrangement

5 essential tips before buying home furniture to ensure you make the perfect choice

Important tips for choosing the perfect home furniture to ensure comfort and beauty.

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