The risk of real estate price gouging
Reading time: 2 MinutesThe suspicion of real estate price manipulation spotted by the General Real Estate Authority (GRA) has caused widespread reactions in real estate circles
Reading time: 2 MinutesThe suspicion of real estate price manipulation spotted by the General Real Estate Authority (GRA) has caused widespread reactions in real estate circles
Reading time: < 1 MinuteMinister of Municipalities and Housing Majid Al-Hogail revealed a plan to provide more than 160,000 housing units in 2025, with a focus on achieving affordable prices ranging between 450,000 riyals and 850,000 riyals. In remarks during the Future of Real Estate Forum in Riyadh on Monday, Minister Al-Hogail said that the ministry, in cooperation with private sector partners, will pump more than ... Read more
Reading time: 2 MinutesDisparate prices for similar properties erode confidence in real estate platforms Survey: Abdullah Al-Salih: The disparity and difference in the price of the same property on real estate platforms has raised many questions about the appropriate and correct price for sale, which has put potential buyers in a circle of doubt and confusion in making important purchasing decisions, and the recurrence of this matter may lead to the erosion of confidence among those who deal with these platforms. Newspaper ... Read more
Reading time: 2 MinutesArcapita Group Holdings Limited (“Arcapita”), a global alternative investment management company, today announced a strategic partnership with DSV, a leading global logistics company, to develop a logistics center in Jebel Ali Free Zone ("JAFZA"). The project spans 30,000 square meters and is currently being developed with advanced technical specifications. This project opens up new avenues of cooperation between Arcapita and DSV. Read more
Reading time: < 1 MinuteThe National Housing Company (NHC) on Monday signed a number of agreements and memorandums of understanding with government and private sector entities, with a total value of about SAR 30 billion, in an important step to support and stimulate the housing sector in the Kingdom. This came under the patronage of His Excellency the Minister of Municipalities and Housing, Mr. Majid bin Abdullah Al-Hogail, and His Excellency the Minister of Industry and Mineral Resources, Mr. Bandar bin ... Read more
Reading time: 2 MinutesNational Housing Company (NHC) CEO Mohammed bin Saleh Al-Batti revealed the company's ambitious plans in 2025, including the launch of projects worth more than SAR 70 billion, reflecting the massive expansion of its activities and its impact on the real estate sector in the Kingdom. During his participation in a panel discussion at the Future of Real Estate Forum in Riyadh, Al Batti explained that 50% of ... Read more
Reading time: 3 MinutesNHC today announced the launch of NHC Innovation, a company specialized in technology, reflecting its commitment to providing innovative real estate and municipal solutions and developing new technologies in line with market aspirations, in a strategic step towards enhancing market presence and raising the level of innovation in the real estate and municipal sectors. This came during the company's participation in the activities of the Future of Real Estate Forum, which ... Read more
Reading time: 2 MinutesRiyadh hosts the second edition of the International Labor Market Conference. Tomorrow
Reading time: 7 MinutesThe fourth edition of the Future of Real Estate Forum, which runs from January 27-29, opened today in Riyadh, Saudi Arabia, under the patronage of the General Real Estate Authority (GRA) and in partnership with the Ministry of Municipalities and Housing. This year's forum has an ambitious theme: “A Future for Humanity: From Dreams to Reality”, to reflect the Kingdom's orientation towards building a sustainable and prosperous real estate future. Participation of the Minister of Municipalities and Housing The Minister of ... Read more
Reading time: 2 MinutesSaudi Arabia's Achievements 10 years of qualitative progress