Month: February 2019

Reading time: < 1 MinuteThe U.S. network CNN reported that Chinese buyers topped the list of the largest purchasers in the U.S. real estate market in 2018, marking the sixth consecutive year they have held that position. China led in terms of both the number of units and the value of homes, according to the 2018 report by the National Association of Real Estate Brokers in China, as reported by Xinhua News Agency, where Chinese buyers… Read more

Reading time: 2 MinutesThe National Program for Supporting Project Management, Operations, and Maintenance in Public Sector Entities “Mashroat,” to provide its services for the completion of Ministry of Housing projects, as both parties agreed to work together and harness their capabilities to complete the work phases in accordance with the agreed-upon timelines. This was formalized through a memorandum of understanding signed by both parties, pursuant to which “Mashroat” will provide consulting services and technical support on matters … Read more

Reading time: 2 MinutesThe number of visitors to the “Sakani Expo Dhahran 2019,“ currently taking place in Dhahran, has exceeded 3,000 from the Eastern Province, all interested in obtaining mortgage loans and learning about the products and projects of the Ministry of Housing. Since its opening last Thursday, the expo has served as a gateway for beneficiaries of the Real Estate Development Fund and the Ministry of Housing to purchase their first home. ”Real Estate Advisor” and solutions … Read more

Reading time: < 1 MinuteThe Ministry of Housing’s “White Land” program has announced that the statutory period for paying white land fees in the Riyadh region will expire in 28 days, on 29 Jumada al-Akhira 1440 AH. The Ministry clarified via its official Twitter account that there are 28 days remaining until the end of the statutory period for paying white land fees in the city of Riyadh. It noted that … Read more

Reading time: 3 MinutesIn an extensive tour of residential complexes, the Amlak newspaper selected a number of examples and surveyed the residents, in an effort to understand the overall availability of services—including housing and homeowners« association services—to identify the most significant pros and cons they experience, and to convey their concerns to relevant authorities such as the Ministry of Housing and the Homeowners’ Association. Through a field visit to the Al-Ma'athar Housing Complex, “Kuwait Housing … Read more