Month: January 2019

Jeddah's International Real Estate Exhibition kicks off on February 25 1,500 investors are eager to participate

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Real estate in Saudi Arabia

Reading time: 3 MinutesWith the participation of more than 15,000 investors and 75 exhibitors from 15 countries from around the world, the International Real Estate Exhibition will be launched for the first time in the city of Jeddah, at the Jeddah Hilton Hotel on February 25, 2019, and will continue until the 27th of the same month. The exhibition, organized by the UAE's Strategic Exhibition and Conference Organizing Company, is supported by the Ministry of Housing's Wafi Program, an initiative ... Read more

Ministry of Justice offers two online services to inquire about the execution request using the request number or ID number

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Residential Real Estate - Request Inquiry - Ministry of Justice

Reading time: 2 MinutesThe Ministry of Justice has made available through its electronic portal and its application on smart devices the services of inquiring about the execution request using the request number, and inquiring about the execution request using the ID number, in order to facilitate the beneficiaries and prevent them from needing to come to the execution courts to check the status of the requests. The Ministry explained that the beneficiaries of the service (inquiring about the execution request) can ... Read more

Ministry of Housing: Developing 7 million square meters of white land in projects in Riyadh

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Real estate projects

Reading time: 2 MinutesMinistry of Housing: Development of 7 million square meters of white land in projects in Riyadh The Ministry of Housing revealed that the white land fees program needs more time to show the impact of its application and measurement, stressing that the application of fees contributed to the entry of new real estate projects in Riyadh, Jeddah and other cities, noting the development of the Dawawin project south of Riyadh and the Central Riyadh project ... Read more

The price per square meter reached 2200 SAR Taktalat Real Estate succeeds in selling 40% of the second area plan in Smart City And announces the continuation of sales operations

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Real estate marketing

Reading time: 3 MinutesThe price per square meter reaches 2200 riyals, Taklat Real Estate Company achieved yesterday a qualitative success in marketing the properties of the second area 5/2 of the Smart City in North Riyadh, where it announced the sale of 40% of the total lands offered in the plan on the first day of the launch of the sales center, and the highest sale value of a piece ... Read more

During his televised interview Majid Al-Hogail: The Real Estate Fund targets 150,000 citizens in 2019

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Residential Real Estate - Real Estate Finance

Reading time: 2 MinutesHousing Minister Majid Al-Hogail revealed during his television interview on Rotana Khalijiya channel last Monday evening that the Real Estate Fund was able to serve 50,000 citizens registered in the Fund's lists during the year 2018, pointing out that the Fund this year targets 150,000 citizens to provide them with real estate financing to own the first home, thus serving all those registered in the lists ... Read more

In Amlak's survey on the «Building Sustainability» program Real estate and citizens: The program will achieve its goals if applied in a professional manner

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Sustainable construction

Reading time: 4 MinutesSulaiman Al-Batli: It is required to generalize the experience to the rest of the Kingdom's cities and adhere to the required standards Mamdouh Al-Omar: The «building inspector» will give the citizen a kind of reassurance to improve the works Engineer Al-Saeed : Whoever has the ingredients for success will stay in the construction market Engineer Marwan: The program will achieve the desired goals and success and the desired objectives by 100 % Fahad Al-Qwaidi: We expect the exit of a number of contractors ... Read more

US$1.77 trillion in Chinese investment in real estate development in 2018

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China real estate

Reading time: < 1 MinuteChina's investment in real estate development grew 9.5% year-on-year in 2018, up 2.5 percentage points from 2017, according to specialized real estate reports, the State Administration of Statistics (SAS) said on Monday. Total investment in real estate development exceeded 12 trillion yuan (about 1.77 trillion U.S. dollars) last year. The ... Read more

Majid Al Haqeel: In 2019 ... The Kingdom needs 160,000 new housing units and we seek to deliver 95,000 units

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Residential Real Estate - Real Estate Finance

Reading time: 2 MinutesThe Kingdom needs 160,000 new housing units this year and about 202,000 units next year in order to raise the ownership rate to 60% in 2020, Minister of Housing Majid Al-Hogail said, pointing out that the ministry's efforts seek through its strategic programs to reduce the waiting period to obtain support and enable the neediest families and guarantors to benefit from the programs of ... Read more

Endowment and its most important provisions - 3 - Dr. Abdulaziz bin Saad Al-Dughaythir talks about the conditions of the endowment and whether it is permissible to give preference to children in it.

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Waqf in real estate

Reading time: 2 MinutesAmlak Real Estate Newspaper continues to publish episodes about the importance of endowment in real estate and related issues, which are answered by Dr. Abdulaziz bin Saad Al-Dughaythir through this dialogue: What are the limits of the conditions that the endowment can stipulate? The endowment has the right to stipulate in the affairs of his endowment everything that does not violate the Shari'ah, and his condition must be followed as the Shari'ah condition must be followed, and ... Read more

«Housing» implements the «Riyadh Promise» project and launches 5590 housing units in the model city. Offering unprecedented competitive prices

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Riyadh real estate

Reading time: 2 MinutesThe Ministry of Housing revealed its start in the implementation of the housing project «Riyadh Promise» in the north of the capital in the airport suburb on an area of more than 2.7 million square meters to accommodate 5590 housing units with a variety of areas and specifications, and the ministry indicated that the project will be distinctive and integrated in an attractive strategic location, noting that the city of «Riyadh Promise» will be the first model city of its kind ... Read more

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