Emir of Eastern Province inaugurates investment projects worth 14 billion riyals

Emir of Sharqiya inaugurates investment projects

Reading time: 2 MinutesHis Highness Prince Saud bin Nayef bin Abdulaziz, Governor of the Eastern Province, launched investment projects worth over 14 billion riyals, in the presence of His Excellency the Minister of Municipal, Rural Affairs, and Housing, Mr. Majid bin Abdullah Al-Hogail, His Excellency the Secretary of the Region, Engineer Fahd bin Mohammed Al-Jubeir, and a number of Saudi and Gulf investors. This initiative is part of the Ministry’s efforts to improve quality of life, stimulate economic activity, and create … Read more

Ministry of Municipality and Housing signs memorandum of cooperation to raise the efficiency of real estate developers

Raising the efficiency of real estate developers

Reading time: 2 MinutesIn the presence of His Excellency the Deputy Minister of Municipal, Rural Affairs, and Housing, Engineer Abdullah bin Mohammed Al-Badeer, the Ministry of Municipal, Rural Affairs, and Housing recently announced the signing of a memorandum of cooperation with “Logic Consulting,” the leading provider of integrated strategic consulting and governance services in the Middle East. The memorandum of cooperation aims to provide support and empowerment services to enhance the efficiency of real estate developers and contractors in the Kingdom and achieve the objectives… Read more

Off-plan sales license issued for “Ajwan” project in Al Khobar

Smo Real Estate Company

Reading time: < 1 MinuteSamo Real Estate announced today, Sunday, significant developments regarding the Ajwan project in Al-Khobar. In a statement posted on the “Tadawul” website, the company announced that it had received an off-plan sales license for the project from the Off-Plan Sales Committee (WAFI) under No. 219, and that the company received the license on November 16. On September 12, “Samo“ announced the signing of an agreement… Read more

Property surveys: Faisal Al Muhaidib: The right feasibility study is the most important factor for success

Faisal Almuhaidib - Feasibility Study 2

Reading time: < 1 MinuteFaisal Al Muhaidib, CEO of Masdar, explained the benefits and importance of the construction projects for the private sector, stressing that companies can benefit from these projects, as they can provide new services, form a presence in the labor market, expand their services in many centers, and provide advertising services to these companies. And about the challenges ... Read more

Public Authority for Real Estate concludes its participation in Cityscape Bahrain 2023

Public Authority for Real Estate Pavilion at Cityscape Bahrain

Reading time: < 1 MinuteThe Real Estate Regulatory Authority concluded its participation in the “Cityscape Bahrain 2023” exhibition, which took place from November 14–18, under the patronage and in the presence of His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince of the Kingdom of Bahrain, and with the participation of a select group of speakers, experts, and stakeholders in the real estate sector, international real estate developers, and prospective homebuyers, under the theme “Sustainability and Transformation … Read more

Al-Haqeel inspects a number of municipal and residential projects in the Eastern Province

Al-Haqeel's visit to the Eastern Province - Municipal Projects

Reading time: 2 MinutesHis Excellency Majid bin Abdullah Al-Hogail, Minister of Municipal, Rural Affairs, and Housing, inspected a number of municipal and housing projects in the Eastern Province yesterday, Sunday, November 19, 2023, to review the progress of development projects overseen by the Ministry, in the presence of His Excellency the Secretary General of the Eastern Province, Engineer Fahd bin Mohammed Al-Jubeir, and a number of senior officials from the Ministry and the Secretariat. His Excellency met with senior officials … Read more

The Real Estate Market During the Second Week of November 2023

Real Estate Exchange - Real Estate Index

Reading time: < 1 MinuteReport by: Mohammed Jamos: The Real Estate Exchange reported that during the second week of November 2023, the number of transactions reached 5,074, with a total transaction value of 6 billion riyals. = = Real Estate Exchange Summary Number of transactions: 5,074. Transaction value: 6 billion riyals. Area traded: 18,400 square meters. Highest price: 22,727 riyals/sq m. Average price: 326,246 riyals/sq m == = Most popular neighborhoods … Read more

4 real estate services about free land, property ownership and housing support

Real estate services

Reading time: 2 Minutes  4 Real Estate Services Related to Free Land, Property Ownership, and Housing Support 3 Requirements for Accessing the Free Land Program The “Sakani” program has clarified the conditions that allow citizens to access the free land program. “Sakani” stated in a tweet on its official account on the social media platform “X” (formerly Twitter) that the conditions for obtaining free land are as follows: … Read more

Property surveys: Real estate success Smart goals... And a study against stumbling

Profile - Real Estate Projects - Quality of Building Materials

Reading time: 2 MinutesInterview: Abdullah Al-Saleh: Amid the expansion of real estate projects that has taken place in the Kingdom in recent times, companies operating in the construction sector face a number of challenges, especially following the adoption of the Saudi Building Code and the efforts of international and regional companies to establish a presence in the Kingdom. leading some to wonder how to balance supply and demand, and how specialized exhibitions can… Read more

PRA plans to organize workshops to raise awareness and develop real estate procedures

Public Authority for Real Estate - Off-plan Selling

Reading time: < 1 MinuteThe General Real Estate Authority and Makatfa Commercial Services Company signed a joint cooperation agreement under the patronage of His Excellency the Minister of Municipal, Rural Affairs, and Housing, and Chairman of the Board of Directors of the General Real Estate Authority, Mr. Majid bin Abdullah Al-Hogail, in the presence of the CEO of the General Real Estate Authority, Engineer Abdullah bin Saud Al-Hammad, and His Highness Prince Walid bin Nasser, CEO of Makatfa Commercial Services, on the sidelines of … Read more