Month: May 2024

Statistics: Actual housing rents in the Kingdom rose 10.4% last month

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Actual Rental Housing Units - Mortgage Loan

Reading time: < 1 MinuteThe General Authority for Statistics said that actual residential rents in the Kingdom rose by 10.4% last April, driven by a 9.4% increase in villa rents, The rise in this category had a significant impact on the annual inflation rate, given its large weight in the index, which stands at 21%. Similarly, prices in the food and beverage sector rose by 0.8%, driven by higher prices for meat and poultry … Read more

Waterproof, soundproof and heat-insulated... PVC doors offer multiple advantages for modern homes

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Advantages of PVC Doors

Reading time: 2 MinutesAmlak - Special: PVC doors have become one of the primary choices for many in modern homes, thanks to their numerous advantages in terms of design variety and water resistance compared to traditional wooden doors, which require regular painting and maintenance. What are PVC doors? This type of door consists of several layers encased in a plastic shell made of PVC… Read more

Real Estate Authority allows beneficiaries to view projects licensed for off-plan sale or lease

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Off-plan Real Estate Projects Real Estate Contributions

Reading time: < 1 MinuteThe General Real Estate Authority announced that it is allowing beneficiaries to view data on real estate projects licensed for sale or lease off-plan through a dedicated platform that enhances competition and transparency for licensed projects. The Real Estate Authority stated that the data provided by the platform includes the following: the name of the real estate project, property title deed information, the approved plan, its location, its area, the number of units, their types, and the unit specifications, … Read more

Saudi Real Estate Development and Ownership Exhibition in Jeddah continues its activities for the second day

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Ceredo 2024

Reading time: < 1 MinuteThe Saudi Real Estate Development and Ownership Exhibition “SIREDO 2024” continues today for the second consecutive day, with strong participation from professionals and those interested in the Kingdom’s real estate sector. Yesterday afternoon, Talal bin Mohammed Al-Khunaini, Deputy Minister of Municipal, Rural Affairs, and Housing, inaugurated the Saudi Real Estate Development and Ownership Exhibition “Sirido 2024” at the Jeddah Center for Forums and Events in Jeddah Province. The exhibition, which aims to … Read more

Enforcement oversees 29 auctions to sell 286 residential and commercial properties in several areas

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Real estate auctions

Reading time: < 1 MinuteThe “Enforcement” announced that it will hold 29 public auctions—both in-person and online—to sell and liquidate 286 residential and commercial properties and a number of vehicles in seven regions of the Kingdom during the period from May 15 to 20, 2024. The center explained that the auctions will be held in various regions across the Kingdom, with 13 auctions taking place in the Riyadh region to offer 76 opportunities … Read more

Ejar clarifies a new way to pay rent from tenant to landlord

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Rent - Residential Contracts - Refunds

Reading time: < 1 MinuteEjar platform clarified a new way to pay the value of rents from the tenant or broker to the owner, with the aim of facilitating the payment process, especially in the case of valid leases. The platform said that payments can be made via bank transfer, whether to the broker or the tenant, in case the contract is valid and has not yet ended, and the platform also specified its payment methods, which include ... Read more

Public Authority for Real Estate reviews the legislative framework for the sector at Ceredo 2024

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Reading time: < 1 Minute The General Real Estate Authority participated in the Saudi Real Estate Development and Ownership Exhibition “Seredo 2024,” which kicked off yesterday afternoon, Tuesday, with the participation of a number of government and private entities. During its participation in the Serido 2024 exhibition, the Real Estate Authority showcased the real estate regulatory framework and services in the Kingdom’s real estate development sector. The exhibition opened with the participation of a number of relevant government agencies, … Read more

The Cabinet Grants the State Real Estate Authority the Authority to Allocate Real Estate to the Nonprofit Sector

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Cabinet of Ministers

Reading time: < 1 MinuteDuring its meeting held today, Tuesday, in Jeddah, chaired by the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, the Council of Ministers decided to grant the General Authority for State Real Estate the authority to allocate state-owned real estate for the benefit of the nonprofit sector in accordance with regulations approved by the Authority’s Board of Directors. At the start of the Cabinet session, the Custodian of the Two Holy Mosques welcomed the guests of the Most Merciful, who have begun to arrive … Read more

Saudi Contractors Authority organizes the sixth edition of the Future Projects Forum next Monday

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Saudi Contractors Authority - Contracting Industry

Reading time: < 1 MinuteNext Monday, the Saudi Contractors Authority will host the sixth edition of the Future Projects Forum, which aims to strengthen cooperation among more than 40 entities from the public and private sectors. The event is part of the Authority’s efforts to showcase projects worth one trillion riyals. The Authority stated that the forum will be held over two days, from May 20 to 21, at the Four Seasons Hotel in Riyadh, where … Read more

Opening of the Saudi Real Estate Development and Homeownership Exhibition in Jeddah

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Ceredo Real Estate Exhibition

Reading time: < 1 MinuteThe Saudi Real Estate Development and Ownership Exhibition “SIREDO 2024” opens today, Tuesday, in Jeddah Province, with the participation of a number of relevant government agencies, as well as a select group of real estate developers, financial institutions, and experts and specialists in the real estate and investment sectors. The event aims to provide knowledge and insights to professionals in the real estate sector through interactive workshops and the exchange of expertise. Through its events, the Serido 2024 exhibition seeks to share best practices and experiences … Read more

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