Month: June 2022

Articles from Amlak Issue No. 242... M. Laith Abdullah Al-Shaboul writes about the secrets of real estate marketing strategies

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M. Laith al-Shibl

Reading time: < 1 MinuteAs long as your real estate listing contains all the details and complies with the General Real Estate Authority’s guidelines, the recipient of your ad will be eager to assist you and connect you with clients outside your usual network. To attract clients from online real estate marketing to on-the-ground real estate marketing. Be clear, honest, and precise. To succeed in brokerage transactions without deception or trickery. Stay away from suspicious listings… Read more

Amlak Articles Issue 242 Architect Hisham Al-Qasim writes: Building waste is a disaster or a treasure (1-2)

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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 MinutesThe removal of 120,000 cubic meters of construction and demolition waste and excavation debris from vacant lots over the past year, as announced by the Ministry of Municipal, Rural Affairs, and Housing, represented by the municipal authorities, Did you know that waste management should be a key focus for companies planning new offices, as the trend now is toward constructing healthy buildings that benefit their occupants? What do you think… Read more

Wafi issues 55 licenses to sell residential projects providing 19.499 thousand units

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Wafi's new logo

Reading time: < 1 MinuteThe Off-Plan Sales and Leasing Committee (Wafi) has issued 203 permits for off-plan projects from the beginning of the year through the end of May, including approximately 55 permits for the sale of off-plan residential projects offering 19,499 units. The program had approved the completion of five residential projects, as part of the committee’s efforts to boost the supply of real estate in the market and increase the percentage … Read more

Amlak Articles... Editor-in-Chief Abdulaziz Al-Issa writes: The Wrong Real Estate Investment

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Reading time: < 1 MinuteAs part of its strategic plans and programs, the Kingdom has placed real estate investment at the top of the list of sectors that support development; indeed, it is considered one of its main pillars. It is characterized by a fertile environment that yields substantial profit margins, driven by the country’s active urban development, However, it is also fraught with risks and vulnerable to unforeseen and unavoidable circumstances that defy planning or foresight. Therefore, one must not … Read more

Amlak Opens the File... Muath Al-Fawzan: Why Are Returns on Investments in Furnished Apartments Doubling?

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9 Furnished Apartment Survey

Reading time: < 1 MinuteAlthough residential real estate investments guarantee profits through rent; a feasibility study is the scientific indicator that guides businesspeople toward achieving the highest possible return on the project by avoiding potential risks that may arise during the process of renting out residential apartments as a successful and profitable venture. For example, we find that demand is increasing for … Read more

Amlak opens the file... Eid al-Qumqum: Renting... A risk-free investment

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9 Furnished Apartment Survey

Reading time: < 1 MinuteThe saying “real estate is a faithful son” continues to hold true for property owners, as it serves as a lifeline for some when times get tough; It serves as a reliable source of support during life’s hardships, especially for retirees and those whose financial circumstances have deteriorated, leaving them with no choice but to rent out their properties. This covers a significant portion of their living expenses and financial obligations. Therefore, some believe that it is possible to generate a great deal of… Read more

Amlak opens the file... The viability of the residential rental market Between Risk and Profit

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8 Apartment Survey

Reading time: 2 MinutesAbdulaziz Al-Issa: There are (hidden) financial burdens caused by tenant consumption that fall on the landlord. Salim Al-Qahtani: Rental returns for investors range between 4% and 6%, which is not viable and does not constitute profit. Riyadh- Mohammed Al-Amin Jamous: Major cities in the Kingdom are undergoing radical changes in their real estate landscape as a result of urban expansion and the launch of major strategic projects, in addition to the announcement of a strategy… Read more

The telecommunications market celebrates the launch of a new line of Wiko smartphones

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16 - Telecommunications Market

Reading time: < 1 MinuteThe global telecommunications market welcomed a new generation of luxury smartphones with the launch of the French brand “Wiko,” which has earned the trust of more than 30 million users across 35 markets, including Saudi Arabia. Press reports noted that the global French brand recently launched the T series: the T50 and the T10, and Wiko’s technology offers an advanced model of the revolution … Read more

“Justice” completes 700 thousand electronic deeds during the first quarter

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Ministry of Justice enforcer

Reading time: < 1 MinuteThe Ministry of Justice issued approximately 700,000 electronic enforcement orders through the “Nafidh” platform during the first quarter of 2022, for both individuals and companies.  This contributes to the electronic review of enforcement warrants, protects them from damage and loss, reduces enforcement disputes related to allegations of forgery of enforcement warrants, and encourages payment through early notification of the debtor before the warrant is transferred to … Read more

The Global Forum on the Future of Project Management Holds Its First Event in Riyadh

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16 - Last page

Reading time: < 1 MinuteThe Project Management Institute (PMI) Saudi Arabia Chapter, under the patronage of the Public Investment Fund, is organizing the first edition of the Global Project Management Forum from June 26 to 27 at the Fairmont Riyadh Hotel under the theme “The Future of Project Management: Between Digitalization and Adapting to Change.” The two-day global event will feature leading speakers, project managers, and decision-makers… Read more

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