Month: March 2025

Featured real estate opportunities at Sedana Hybrid Auction

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Reading time: < 1 MinuteAl-Qumam Auction Agency announces the holding of the Hybrid Soudanah Auction, under the supervision of the Attribution and Liquidation Center «Enforcement», at 10 pm today, in person in Makkah Al-Mukarramah at Al-Qumarin Hall on Jeddah Highway, and electronically through the Saudi Auctions Platform (SAP). Real estate details: Hotel with a capacity of more than 1000 pilgrims Commercial buildings Commercial lands Residential lands Agricultural lands Residential villas Residential apartments ... Read more

Riyal 4 billion investment fund launched to develop a new suburb in Makkah

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Residential program

Reading time: < 1 MinuteAl Balad Al Amin Development and Urban Development Company has signed a memorandum of understanding with Smo Holding Company to establish an investment fund worth more than SAR 4 billion, with the aim of implementing huge development projects that meet the aspirations of the Holy City. The agreement was signed in the presence of the Mayor of the Holy Capital and Chairman of Al Balad Al Amin, Musaed bin Abdulaziz Al Dawood, where it was agreed to develop “Dahiyah ... Read more

Najran Municipality organizes “Joud Night” to motivate participation in the Joud Housing Campaign in the region

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Residential program

Reading time: < 1 MinuteUnder the patronage of His Royal Highness Prince Turki bin Hathloul bin Abdulaziz, Deputy Emir of Najran, the “Joud Night” meeting, organized by Najran Municipality, was held yesterday for major donors and businessmen in the region, in the presence of Dr. Melfi Al-Otaibi, Deputy Emir, at the Events and Conferences Center, east of Najran city. The meeting aims to stimulate active participation in the “Joud Najran Housing Campaign” in its second edition; ... Read more

China's house prices are falling rapidly Is the real estate market facing a new crisis?

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China's real estate market

Reading time: < 1 MinuteChina's house prices continued to fall at a faster pace in February, recording their first decline in six months, despite government attempts to support the real estate market and revive the increasingly stressed sector. According to National Bureau of Statistics data released on Wednesday, new home prices in 70 cities - excluding government-subsidized cities - fell 0.14% from a month earlier. Read more

The Real Estate Institute aims to increase the training capabilities of more than 300,000 cadres in the sector

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Residential program

Reading time: < 1 MinuteMarkaz Al Balad Al Amin organized an evening entitled “The Future of the Real Estate Sector and Reliability.” The evening witnessed rich discussions on the role of the Saudi Real Estate Institute in empowering national cadres. The CEO of the Saudi Real Estate Authority, Engineer Abdullah Al Hammad, reviewed the strategic vision of the Authority to develop the sector and enhance its reliability, highlighting achievements, challenges, and future development prospects. He emphasized that the institute seeks to raise the training capabilities of the most ... Read more

With trades of 1.04 billion riyals. The Real Estate Exchange Records a Significant Increase in Transactions

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Real estate stock exchange

Reading time: < 1 MinuteOn Tuesday, March 18, 2025, the real estate bourse witnessed active trading activity with a significant increase in the number and value of transactions, reflecting the increasing demand in the real estate market. According to market indicators, the general index of the real estate bourse recorded 10,417.82 points, achieving a rise of 6.58 points, reflecting an improvement in market performance and continued strong trading activity. According to trading data ... Read more

ECB warns: Rising real estate prices could exacerbate housing crisis

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Reading time: < 1 MinuteThe European Central Bank (ECB) warned that the rapid recovery of the eurozone's real estate market could exacerbate the housing affordability crisis, a development it described as unhealthy for the economy. In its Economic Bulletin, the ECB said that the real estate market has regained momentum after the recent downturn and that prices are set to rise further, ... Read more

“GCC begins end-of-term review of anti-dumping duties against cement imports

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Reading time: < 1 MinuteThe General Secretariat of the Gulf Cooperation Council (GCC) announced that the Permanent Committee for Combating Harmful Practices in International Trade of the GCC countries has issued a decision to start the end-of-term review of anti-dumping duties against GCC imports of unmilled bulk cement called “clinker”. Faisal bin Abdullah Al Muhaidib, Director-General of the Technical Secretariat Office at the GCC General Secretariat, explained ... Read more

“Sakan signs a number of agreements to support housing solutions and promote family solidarity

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Residential program

Reading time: < 1 MinuteThe Community Development Housing Corporation (Sakan) has signed a number of cooperation agreements with family funds that have contributed to the Joud Al Areas campaign. The agreements were between Sakan, the Ali bin Ibrahim Al-Majdouei and Family Charitable Foundation, a group of family funds, and the Silah Association for Developmental Family Work, as part of the Good Areas Campaign 2, with the aim of supporting deserving families with sustainable housing solutions and enhancing ... Read more

13 unique real estate opportunities offered at Nawader Aseer auction

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Reading time: 2 MinutesDiyar Al Majd Real Estate announces the holding of the “Asir Rare” electronic auction for a group of properties (Khamis Mushait - Abha) under the supervision of the Enforcement and Liquidation Center and by decision of the Execution Court, during the period from March 17 to 19, 2025, electronically through the Saudi Auctions platform, where the opportunity to bid daily until 12 pm. The auction features 13 ... Read more

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