Amlak Articles Hisham Al-Qasim writes: A real-life experience Which is better, buying or building a new home?

14 Real Estate Trends - Hashim Al Qasim Buy or Build

Reading time: 3 MinutesThe home-building journey will only be safe, enjoyable, and meet expectations with the help of a competent engineering firm—a question that often crosses the minds of those planning to buy a home; But before I begin listing the pros and cons of each option, I’ll share a true story involving one of our clients and our firm. This client came to us seeking our technical opinion on a pre-built project he was considering purchasing. … Read more

Report: Coronavirus shakes up “traditional central cities” and prompts new urban planning

New Residential Complexes

Reading time: < 1 MinuteThe world is on the verge of a new revolution in urban planning for the cities of the future; modern cities are moving toward designing their services, particularly health and recreational services, in a way that meets the needs of their residents and enables them to create a new, more modern and distinctive urban future. This step allows each city to have its own character and unique services that align with its needs and set it apart from … Read more

Ready-mixed concrete prices fall despite rising building materials prices

Concrete - ready-made

Reading time: < 1 MinuteLocal media reports indicate that ready-mix concrete prices have fallen significantly on both a monthly and annual basis, with all types of concrete recording a decline on a monthly basis,contrary to the rise in construction material prices, while one type recorded a slight increase on an annual basis, amid declines in other types, leading to a 0.19% decrease in average prices on an annual basis, while the decline … Read more

”Namara: A Unique Investment Opportunity”… "Laden Investment" Begins Off-Plan Sales of 85 Commercial and Entertainment Units

Namar Map

Reading time: < 1 MinuteLaden Investment Company announced the launch of the development and off-plan sale of the Namar project in Riyadh, which spans an estimated area of 181,619 square meters and comprises 85 plots designated for commercial and recreational use.   The Namar project is distinguished by its unique location west of Riyadh on Wadi Al-Hadar Road, which connects to Ajyad Road linking Jeddah Road and Dirab Road, as well as … Read more

Residential program reveals its targets Empowering 180 thousand new families with housing options in 2022

9 Residential Program Infographics

Reading time: 2 MinutesThe “Sakani” housing program has unveiled its targets for the current year, 2022: to enable 180,000 new families to benefit from the program’s diverse housing options and solutions , including 130,000 families moving into their homes during 2022, and providing more than 100,000 subsidized mortgage loans, as an extension of the mature and effective partnership with the private sector. Sakani’s Targets for 2022 During the Sakani 2022 Forum, the Undersecretary of the Ministry … Read more

Experts Respond to Ask Amlak The real estate market is huge There is no fear for (brokerage) from the stock exchange

7 Page 7 Panorama - Stock Exchange and Brokerage

Reading time: < 1 MinuteThe newspaper “Amlak Al-Aqaria” posted a question on its official Twitter account to experts, professionals, and the general public regarding “What is the future of those who have taken training courses and obtained licenses in the real estate sector with the launch of the real estate exchange, or in the event that the broker’s right to a commission on a completed transaction is revoked without a prior exclusive agreement?” This was done to gauge public opinion. Through interaction with … Read more

Dar Al Qiyas organizes Durrat Cordoba auction on February 1st

Measurement House Auction

Reading time: < 1 MinuteDar Al-Qiyas Auctions announced that it will hold the "Durrat Al-Qurtuba" public auction, offering a unique opportunity to purchase a raw land plot in the Al-Qurtuba neighborhood in northeast Riyadh, with a total area of 66,756.01 square meters, The auction will take place on the afternoon of Tuesday, February 1, 2022, corresponding to 29/6/1443. The land stands out for its location among the top investment and residential areas, thanks to its strategic location near universities … Read more

Advance Subsidy Initiative: 100 thousand SAR non-refundable for self-construction and purchase of ready-made units

Support provided

Reading time: < 1 MinuteThe Ministry of Municipal, Rural Affairs, and Housing confirmed that the support initiative, which will be launched soon, involves the Real Estate Development Fund providing a fixed, non-refundable grant of up to 100,000 riyals to beneficiaries, after which they will no longer be eligible for monthly support.The Ministry clarified that the support initiative will join previous initiatives it has launched with the aim of enabling citizens to own a home through… Read more

Issue 234 – Corporate News – Page 5

5 Corporate News, Issue 234

Reading time: 3 MinutesCaption: The Kingdom attracted 2.55 billion riyals in venture capital investments over the past year, and the number of deals involving Saudi startups grew by more than 541% compared to 2020, totaling 139 deals. ======== A million-square-meter space... and innovative designs “Itqan Real Estate” begins marketing the “Jawhara Abhar” project in Jeddah Amlak – Follow-up: Itqan Real Estate has completed all preparations to begin marketing the “Jawhara … Read more

Issue No. 234... Miscellaneous Local News – Page 4...

Issue 234 - Page 4 - Local News

Reading time: 2 MinutesReal estate price index rises by 0.91% A report released by the General Authority for Statistics showed a rise in the Kingdom’s real estate price index of 0.9% during the fourth quarter of 2021, driven by a 1.7% increase in residential real estate prices. The report noted that a 0.71% decline in commercial real estate prices and a 0.21% decline in agricultural real estate prices contributed to moderating the overall index increase, and according to … Read more