Month: July 2025

“Municipalities and Housing”: 26,000 housing units to be sold off-plan during the first half

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Ministry of Municipalities and Housing

Reading time: 2 MinutesThe Ministry of Municipalities and Housing revealed the launch of about 26 thousand housing units within the off-plan sales projects through the “Sakani” platform during the first half of 2025, as part of its continuous efforts and endeavors to enhance the real estate supply and raise the percentage of residential ownership for Saudi families to 70%; to achieve the targets of the housing program - one of the programs of Saudi Vision 2030 - to achieve the objectives of the housing program - one of the programs of Saudi Vision 2030. The ministry explained in a press release ... Read more

“Infrastructure Projects Code” to be implemented in Riyadh on August 7

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Reading time: 2 MinutesThe code for infrastructure projects in the Riyadh region will be officially implemented on August 7, after it comes into effect within 15 days, according to the Infrastructure Projects Center in the Riyadh region. The code covers the entire area of the Riyadh region, which extends over 400,000 square kilometers, including the capital and 22 governorates with all their villages, in addition to ... Read more

3 Real Estate Opportunities at Auction

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Reading time: < 1 MinuteAl Saadoun Real Estate Company, under the supervision of the Attribution and Liquidation Center «Enforcement» and by a decision of the Execution Court and a ruling from the Personal Status Court, announces the holding of a hybrid “Investment Makamen” auction on Wednesday 13/8/2025 in person at: 4:00 pm at the Ritz-Carlton Hotel in Riyadh and electronically through the Saudi Auction Platform. The auction offers 3 distinctive real estate opportunities over 116 thousand square meters in ... Read more

More than 8,000 inspection visits to combat commercial concealment during Q2 2025

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Commercial concealment

Reading time: < 1 MinuteThe National Program to Combat Commercial Concealment continues to carry out inspection visits in various regions and economic activities to determine the compliance of establishments and verify the absence of violations of the anti-coverage system. During the second quarter, the joint supervisory teams carried out more than 8,000 inspection visits, including: Central markets for food and consumer items, retail activities for accessories and clothing accessories, retail sale of sanitary ware, ... Read more

1.2 trillion riyals worth of real estate transactions within two years of the implementation of the brokerage system

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Reading time: 2 MinutesThe General Authority for Real Estate concluded the work of the “Real Estate Brokerage Forum 2025” in its second edition, organized by the Riyadh Convention and Exhibition Center in the capital, Riyadh, in the presence of the CEO of the Authority, Engineer Abdullah bin Saud Al-Hammad. In his opening speech at the Real Estate Brokerage Forum, the Director General of Strategic Communication and Official Spokesperson of the Authority, Tayseer bin Mohammed Al-Mafraj, reviewed the achievements of the real estate brokerage system. Read more

Declining demand forces U.S. homebuilders to cut prices

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U.S. real estate prices

Reading time: 2 MinutesU.S. homebuilders continue to face a significant drop in demand amid growing concerns among potential buyers about the future of the U.S. economy, prompting many companies to cut home sale prices at the highest pace in three years, according to the National Association of Home Builders' monthly confidence survey. According to CNBC, the index has seen... Read more

Infographic: The conditions to benefit from the Affordable Mortgage Program after its 3-year extension

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Reading time: 2 MinutesIn a new step that promotes access to adequate housing and eases the burdens on citizens, the Real Estate Development Fund (REDF) launched the “Easy Mortgage Program“, which gives beneficiaries of the housing support program a golden opportunity to own their first home with a reduced down payment of only 5%, instead of the 10% required by most financing agencies. What is the Affordable Mortgage Program? The Affordable Mortgage Program is... Read more

Ministry of Industry processes 601 applications for customs exemption last month

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Residential program

Reading time: < 1 MinuteThe Ministry of Industry and Mineral Resources processed 601 requests for industrial customs exemption service during the month of June 2025, as part of the ministry's efforts to encourage local industry and enhance its global competitiveness by granting national industrial enterprises an exemption from customs duties on their imports of industrial inputs. The Ministry of Industry and Mineral Resources' spokesperson, Jarrah bin Mohammed Al-Jarrah, explained that the customs exemption requests that ... Read more

The art of persuasion in real estate marketing: This is how you create an offer the buyer can't refuse!

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Reading time: 2 MinutesThe real estate industry is no longer just about selling a residential unit or a commercial office, it has become a fiercely competitive arena in which success depends on the skill of presenting an offer that captures the customer's attention at first glance. Today's buyer is not just a property seeker, but a smart shopper who compares, differentiates, and looks for an offer that combines value, credibility, and a compelling experience. This is where ... Read more

Tayssir al-Mafraj: 8 million real estate transactions in a year. Brokerage is turning into a promising industry

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Reading time: 2 MinutesMr. Tayseer Al-Mufaraj, spokesperson for the General Authority for Real Estate, stressed that the real estate broker today plays a pivotal role in regulating the real estate market, stressing that he is no longer just a traditional broker, but has become the main link between supply and demand, and a key pillar to achieve balance in the market. During his opening speech at the Real Estate Brokerage Forum, Al Mufaraj explained that the real estate brokerage system ... Read more

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