Month: October 2019

Reading time: 4 MinutesThe average citizen and real estate investor wonders about the direction in which real estate prices will go in the coming period, will it witness a decrease due to the abundance of supply and the citizen's desire to buy? Especially after the great leap in the real estate financing markets during the past months, as the statistics of the Saudi Monetary Authority indicate that banks and financing companies pumped to individuals during the second quarter of this year ... Read more

Reading time: 2 MinutesThe Ministry of Housing, represented by the Developer Services Center, revealed that since the beginning of this year until the end of last August, it has approved about 51 plans, with a total area of 90.07 million square meters“, divided throughout the regions of the Kingdom, and Saif Al-Suwailem, spokesman for the Ministry of Housing, explained that the number of total plans approved by ”completion” since its inception amounted to about 212 ... Read more

Reading time: 2 MinutesPress sources revealed the imminent launch of the “Ard Al-Shafa” plan, located in the Al-Shafa neighborhood south of Riyadh, near Imam Muslim Road, and the Ministry of Housing explained that the rest of the plans will continue to be launched on the “Sakani” platform soon. The Ministry of Housing indicated that the Housing Land Agency has completed all technical and administrative arrangements, as well as technical arrangements for the launch of the “Shafa Land” plan in the Shafa neighborhood, which extends over an area ... Read more