Month: February 2022

Articles of property... Architect Hisham Al-Qasim writes: How does artificial intelligence generate profits for real estate?

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Hisham Al Qasem Real Estate Articles - Real Estate Investment - National Day 95 - Housing Projects Don't buy a property without a consultant - The Journey of Home Ownership

Reading time: 2 MinutesTwo birds with the same stone, artificial intelligence to help buyers get the most suitable property, as well as for real estate developers, may indeed be the reason for a comprehensive change, AI will be the next revolution for the real estate market, as it can provide multiple scenarios for real estate projects, in terms of space, location, design, as well as cost, time and what you need from the building supplies, which contributes to saving ... Read more

Real estate valuation services jumped to SAR 100 billion last year

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Certified Resident System

Reading time: < 1 MinuteThe Secretary General of the Saudi Commission for Accredited Valuers (Taqeem), Engineer Faisal Al-Mandeel, revealed that the total value of real estate valuation during the past year amounted to 100 billion riyals, and indicated that the Commission provided more than 1400 training courses through its training arm (Taqeem Academy), which benefited more than 30 thousand trainees.Engineer Faisal Al-Mandeel explained during his participation in the Future of Real Estate Forum ... Read more

500 billion riyals the volume of spending in the real estate sector during the past years

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Real estate projects in Saudi Arabia

Reading time: < 1 MinuteThe CEO of the National Housing Company (NHC), Engineer Mohammed bin Saleh Al-Batti, revealed that spending in the real estate sector exceeded 500 billion riyals during the past years, and showed that the company contributed to increasing the real estate supply of housing units by more than 146 thousand units of various designs and models. During his participation in the first edition of the “Future of Real Estate Forum”, which ... Read more

Issuing Sukuk for 3.780 million square meters in Makkah's informal settlements

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Ehsan Bafaqeeh - State Real Estate

Reading time: < 1 MinuteIhsan Bafqih, Governor of the General Authority for State Real Estate, revealed that seven deeds were issued for informal neighborhoods in the Makkah region, with a total area of 3.780 million square meters, including two deeds for the neighborhoods of ”Goz Al Nakasa” and “Al Kadwa“ in Makkah, and five deeds for “Ghalil” and “Petromin” in Jeddah. This came during a panel discussion at the Real Estate Industry Forum dedicated to the government sector, which ... Read more

Property Articles... M. Naif Bastaki writes: 6 steps to market real estate products in better ways - (1)

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14 Real Estate Trends Abdullah Al-Khurmani - Naif Bastaki

Reading time: < 1 MinuteMarketing is the process by which a company identifies the needs and wants of customers, and then designs a product or service to address those open gaps. Leading companies not only design their products and services effectively, but also choose the shortest and most efficient ways to reach their target customers. The marketing process requires knowledge of high-impact tactics... Read more

Property Articles Dr. Abdullah Al-Khurmani writes The digital economy, where is it taking us? - (1)

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Dr. Abdullah Al-Khurmani - Neom City

Reading time: 2 MinutesWith the huge technical and technological revolution that the world is witnessing today, we find developed countries seeking to develop their institutions in the digital field, with the aim of changing the traditional routine to modern digital strategies, where these strategies are well effective in serving the government and citizens. The Kingdom of Saudi Arabia is one of the first countries to digitize its institutions and follow modern methods ... Read more

Makkah Real Estate Forum kicks off at noon today and discusses the future vision of real estate in the Holy Capital

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Makkah Chamber

Reading time: < 1 MinuteWith the participation of a wide range of officials, investors and those interested in real estate in the Kingdom, the Makkah Chamber will organize the third edition of the Real Estate Industry Forum on Saturday, February 26, 2022, at the Makkah Chamber Center for Exhibitions and Events as part of the Chamber's 75th anniversary celebrations. The forum will discuss in its first session “The role of government agencies in achieving real estate development in Makkah, and the future vision of real estate ... Read more

White Land Program Releases Sixth Cycle Fees for Jeddah's First Phase

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real estate-jeddah-170x113-min (1)

Reading time: < 1 MinuteThe White Land Program renewed its call for taxpayers to develop their lands or pay within a year from the date of issuing the decision, indicating that failure to pay the fee within the specified period will result in a penalty of up to 100 percent of the value of the fee, this came against the backdrop of the program issuing fees for the sixth cycle in the first phase in Jeddah for the year 1443 / ... Read more

Future of Real Estate Forum Salaries of new workers in the real estate sector are subsidized by the state by 40%

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Al Rajhi - Ahmed Al Rajhi Future of Real Estate Forum

Reading time: < 1 MinuteThe Minister of Human Resources and Social Development, Ahmed Al Rajhi, explained during his speech at the Future of Real Estate Forum that the real estate sector is the third contributor to employment and is the engine of other sectors, saying, ”The number of Saudis in the private sector reached one million and 950 thousand young men and women, and this figure confirms the attractiveness of all business sectors.” Al Rajhi stressed that the real estate sector is witnessing the localization of six activities, including ... Read more

Engineer Osama Al Zamil at the Future of Real Estate Forum: New construction techniques target 40% of new buildings and residential units

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Zamil Future of Real Estate Forum

Reading time: < 1 MinuteDuring his participation in the Future of Real Estate Forum, currently being held in Riyadh, Deputy Minister of Industry and Mineral Resources Osama Al-Zamil revealed that the vision of the Building Development Initiative targets 40% of new buildings and housing units to be built with modern construction technology until 2025, an average of 193,000 housing units. Zamil emphasized the role that Vision 2030 plays in developing the sector. Read more

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