Month: September 2022

National Day Articles... Abdulrahman Dakdaki writes: National Day... Pride Through the Ages

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Abdulrahman Dakdaki - National Day

Reading time: 2 MinutesNational Day... Pride Through the Ages by Abdulrahman Hamad Daqdqi Starting with the 75th National Day, which became an official national holiday during the reign of King Abdullah, every year brings us a cherished and beloved memory—the National Day, which the citizens of this country, from all walks of life, with love and deepening loyalty, as celebrations of this day, immortal in memory, spread throughout… Read more

8,000 associations have joined the Mulak program since the beginning of this year

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Program-Angel

Reading time: < 1 MinuteThe Mulaak program reported that it had registered more than 8,000 associations from the beginning of the year through the end of last August, representing a 491% increase compared to the same period in 2021, while the percentage of active associations reached 69% in 2022, confirming the enthusiasm of owners and residents of condominiums to establish associations, approve them, activate their roles, and carry out their activities. “Malaak” explained that the increase … Read more

“Tasfiqh deposits more than 4 billion riyals into beneficiaries” accounts since the start of 2022

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Real Estate Contributions - Real Estate Contributions - Real Estate

Reading time: < 1 MinuteSince the beginning of 2022, the Real Estate Contributions Committee has distributed 3,953,687,989 riyals to shareholders, an increase of 16,791% compared to the same period in 2021. The Committee clarified that the total area of land sold by the Committee reached 5,885,806 m², and that the Committee collected 64,073,635 riyals from enforcement bonds for the benefit of shareholders, and that it completed the sale of the Salman Bay contribution last week … Read more

Residential program issues 16,044,000 electronic contracts for free land

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Free land in August

Reading time: < 1 MinuteThrough its mobile app, the Housing Program has issued 16,044 electronic contracts for free residential land to eligible families since the beginning of 2022 through the end of last August, in preparation for beneficiaries to begin construction. This initiative is part of the diverse housing options and financing solutions offered by the program to facilitate first-time homeownership, with the aim of increasing the homeownership rate among Saudi families to … Read more

Minister of Municipality and Housing honors 46 real estate developers at the “First Forum for Empowerment and Transformation of Real Estate Developers”

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Al-Haqeel honors 49 real estate developers

Reading time: < 1 MinuteHis Excellency Majid bin Abdullah Al-Hogail, Minister of Municipal, Rural Affairs, and Housing, honored 46 real estate developers, including 15 new developers who have transitioned from the construction sector to real estate development, and 31 developers who have undergone a journey of support and empowerment, during the «First Forum on Transformation and Empowerment Programs for Real Estate Developers.» During the forum, His Excellency launched the «Digital Tool Platform,» which aims to create an environment … Read more

Property Articles... Sami Abdulaziz writes about: Customer Service Management

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Sami Abdulaziz - Real Estate Articles

Reading time: 1 MinuteCustomer Service Management: As the old saying goes, “Necessity is the mother of invention,” and I would add that competition also serves as an incentive to innovate methods and means of generating profits and improving the product’s standing with customers. Customer service management is one of the newest and most important departments for achieving customer satisfaction, encouraging purchases, and helping customers resolve any issues they face before or after using the product. Companies consider… Read more

During the first half of 2022. 260 licenses issued for off-plan sales, leasing and marketing projects

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Off-plan sales projects - Real estate transactions

Reading time: < 1 MinuteNaif Al-Sharif, Secretary-General of the General Secretariat for Off-Plan Sales and Leasing, revealed that “Wafi” projects have exceeded their targets for the first half of this year, emphasizing the importance of concerted efforts among all housing-related sectors to achieve the goals of the Kingdom’s Vision 2030, thereby ensuring stability and adequate housing for Saudi families throughout the Kingdom. “Wafi” clarified that the General Secretariat … Read more

4 Requirements for Real Estate Developers to Submit More Than One License Application for “Wafi” Projects”

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Wafi's new logo

Reading time: < 1 MinuteThe new amendments to the draft regulations governing off-plan sales and leasing have established four requirements for real estate developers wishing to apply for more than one license for a small or medium-sized project at the same time. The Off-Plan Sales and Leasing Program has clarified that the conditions are as follows: 1. Possession of a certificate of completion of the real estate developer qualification program. 2. The total area of existing projects and those to be licensed in … Read more

Measurement Auction House organizes “Juman” real estate auction in Khobar

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Juman Auction Brochure

Reading time: 2 MinutesIn continuation of its successes in the world of auctions, Al Qiyas Auction House, under the supervision of the Enforcement and Liquidation Center, announces its organization of the Juman auction, which showcases a number of mixed-use investment opportunities such as building towers, malls, or commercial projects that generate profits and returns, these properties are strategically located in the most prestigious neighborhoods in Al Khobar city, such as the Golden Belt, Al Rawabi, Al Hada, and its close ... Read more

“Enforcement” is offering 144 properties in 7 public auctions

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Real estate auctions

Reading time: < 1 MinuteThe Enforcement and Liquidation Support Center “Enfaz“ announced the holding of seven public auctions, ranging from in-person to online auctions, to sell real estate in various regions of the Kingdom between September 12 and 22, with total property areas exceeding 100,000 square meters. The auctions will feature 144 properties, ranging from commercial, residential, and agricultural land to residential villas, commercial and residential buildings, warehouses, and a residential palace, and will begin … Read more

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