Residential

Ministry of Municipal Affairs approves rules and regulations for public benefit markets

Reading time: 2 Minutesأصدرت وزارة الشؤون البلدية والقروية والإسكان القواعد العامة المنظمة لعمل أسواق النفع العام وضوابط أعمال مقدمي الخدمة، والتي تتضمن المعايير والمتطلبات اللازمة لإنشاء الأسواق الجديدة، ... Read more

Rules outlining the criteria for establishing new markets, setting up seasonal markets and auctions, investor obligations and licensing.

11/12/2023

Ministry of Municipalities and Housing - Group Housing Requirements

“Municipality and Housing” celebrates the empowerment of 19 thousand families within the development housing program in 2023

The partnership of ministries and charities has strengthened the sustainability of the development housing program and aims to own more than 25,000 families in 2024

International Monetary Fund Riyadh office market

9.5 % Saudi Arabia's housing rents rose over the past year

Jadwa: Higher rents due to higher interest rates and increased demand from foreigners; expects growth in mortgage loans in H2 2024

Medina Municipality - Commercial Project

848.8 million riyals worth of real estate transactions in Medina last month

The city recorded a 13.4% rise in deal value and 1,721 deals in January, supported by growing demand and low interest rates

8 ways to add green technology to your smart home

Tips for implementing green technology that reduces energy consumption and waste through smart devices and eco-friendly building products.

Surveillance cameras

The best home security cameras of 2024 Features and specifications

A brief look at home CCTV options with a comparison of performance and features to help you with your buying decision.

Saudi Central Bank

SAR 80.81 billion in housing finance provided to individuals last year

SAMA data: Retail financing declined 34.5% in 2023 with villas taking the largest share.

Residential program

Steps to object to housing subsidies electronically

A brief guide on how to object via Sakani: Log in, select Entitlement, then fill out the objection form accurately.

Investors in real estate

Conditions and steps to register on the Joud Housing platform

A guide explaining the eligibility criteria and procedures required to apply to the Joud Housing platform for social security registrants.

U.S. Real Estate - Home Sales

U.S. new home sales surge last month

The Northeast region led the sales growth while the average sale price fell to $413k.

Spokesperson for the General Real Estate Authority - Penalty for providing real estate informationTaysir Al-Mafraj

Video | Real Estate Authority spokesperson reveals the penalty for providing real estate information without a license

It starts with a warning and reaches a fine of up to SAR 200,000, and the information requires the reports of accredited government agencies.

Future of Real Estate Forum reviews women's participation in the real estate sector

The session highlighted the role of women in the development of the real estate sector and ROSHN's contribution of 100,000 units until 2030 and 46% female employees.

National Housing Company launches “Rakeez” initiatives program and signs 6 agreements

Interactive pavilion showcases "Rakayas" plan to boost local content, localize industries and support national cadres

Future of Real Estate Forum

Al-Hogail inaugurates the Future of Real Estate Forum 2024 and confirms targeting one million housing units

The ministry has offered 450,000 units and land since 2018, qualifying about 2,000 developers and approving 765 plans.

New Projects in Khuzam District

SAR 15 billion in sales of residential units in Khuzam suburb

Khuzam suburb sells more than 19,000 units in 23 projects, with an occupancy rate of 95%.

Public Authority for Real Estate spokesperson Tayseer Al-Mafraj

Video | If you find land registry signs in your neighborhood What to do?

The spokesperson clarifies that the plates mean opening the registration of properties in the neighborhood and urges owners to register to promote market transparency.

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