Month: May 2019

200 Charitable Organizations Provide Housing Options... New Batches of Housing Units Handed Over to Beneficiaries of the Developmental Housing Program in Sharqia

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Apartments

Reading time: 3 MinutesThe Ministry of Housing continued its efforts to provide more housing units and apartments, as His Excellency Minister Majid bin Abdullah Al-Hogail handed over a new batch of housing units to a number of families who are beneficiaries of the «Development Housing» program, in partnership with the Wad Charity Association, the Joud Charity Association, and the Al-Baraka Charity Association. Housing Partnership The handover of the new batches to beneficiaries … Read more

Ministry of Housing begins pilot «Land and Loan» investment in Arar city

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Housing projects

Reading time: 3 MinutesThe Ministry of Housing has begun implementing the «Land and Loan» program on a pilot basis in the city of Arar, with plans to officially launch it within two months and include it among the ministry’s options in response to the wishes of beneficiaries registered on the ministry’s lists. Sources at the Ministry of Housing stated that beneficiaries registered on the Ministry of Housing’s and the Real Estate Development Fund’s waiting lists whose monthly income exceeds 14,000 riyals number … Read more

Creating the latest real estate search engine Innovative Methods launches «Places» as the latest and most distinctive real estate app

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Real estate application

Reading time: 2 MinutesInnovative E-Marketing Methods announced the launch of the website and apps «Amakan,» a real estate app dedicated to providing exceptional and professional services to the real estate sector and designed to facilitate searches and communication between prospective buyers and renters and property sellers. On this occasion, the company’s CEO, Mr. Nawaf Muhammad bin Adwan, emphasized that «Innovative Methods» has been working for several years on designing and implementing … Read more

Auction Marketing... and the New System

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Abdulaziz Al-Issa - Third Amlak Centennial - Lifting the land moratorium - Saudi Media - Vision 2030

Reading time: 2 MinutesThe real estate sector has recently witnessed significant activity in real estate auctions throughout the Kingdom in general and in Riyadh in particular, under the supervision of the Enforcement Courts, which have relied on a clear vision to define the auction’s objective and establish the appropriate mechanisms to achieve it by selecting sales agents with specific qualifications suited to the marketing requirements of the properties offered for sale, However, with the Ministry of Justice’s introduction of the new regulation automatically on … Read more

Following his appointment as secretary of the Real Estate Contributions Committee, Al-Shuwayer thanks the Minister of Commerce and the committee members

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Real estate contributions

Reading time: 2 MinutesThe Secretary-General of the Real Estate Contributions Committee, Dr. Badr bin Abdullah Al-Shuwaier, expressed his gratitude to the Minister of Commerce and Investment—who chairs the committee—and to its members for this generous trust, praying to God to grant him success in fulfilling the aspirations of the wise leadership under the guidance of the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, and his trusted Crown Prince, His Royal Highness Prince Mohammed bin Salman bin Abdulaziz—may God protect them both… Read more

Makkah's Al Aziziyah View auction conglomerate sells the site for the first time for a total value of SAR 385.5 million

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Sale of land

Reading time: 2 MinutesWith great success, the consortium organizing the auction for the Al-Aziziyah View land in Makkah—comprising Al-Baradi Real Estate Investment and Auction Organization, Bandar Al-Hamoud Public Auction Organization, Abdullah bin Rashid Al-Thubaiti Auction Organization, and Makkah Treasures Investment Company), successfully concluded the sale of the 125,363-square-meter Al-Aziziyah View land parcel at a price of 3,000,000 riyals per square meter, for a total value of 385,491,225 riyals. … Read more

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