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International reports: Saudi Arabia needs to build 1.2 million more homes over the next decade

Reading time: < 1 Minuteأكد موقع “موردور إنتلجينس” أن السوق العقاري السعودي يتميز بقدرة تنافسية عالية، مع تزايد الطلب على العقارات الجديدة بسبب نمو الأنشطة التجارية وزيادة المنافسة. وأشار ... Read more

Government aims to build 300,000 housing units in five years to boost home ownership and keep pace with rising demand

21/07/2024

Saudi Arabia Foreign Investment
Foundation Day Rawan Alzahrani

Foundation Day Developments in the Saudi real estate sector

Since the Ministry of Works was established in 1953, it has implemented huge projects (NEOM, Red Sea, King Abdullah City), and Vision 2030 promotes investment.

Buying in Sadeem

“National Housing launches Al Asala Community in Riyadh with investments exceeding two billion riyals

National Housing Company signs 6 agreements to develop more than 3800 units in Al Asala community with an investment of more than 2 billion riyals

Measurement House 8 Real Estate Opportunities

Dar Al Qiyas announces 8 unique real estate opportunities at Afaq Auction

Riyadh's February 27 auction offers eight real estate opportunities in strategic locations near King Abdullah Road and the Eastern Ring.

National Housing Company

“الوطنية للإسكان” تستقبل زوار معرض “ريستاتكس العقاري” وتستعرض خططها المستقبلية

تستعرض ضاحية الفرسان وخطط طرح أكثر من 88 ألف وحدة سكنية واستثمارات تتجاوز 6 ملايين ريال.

Rent - Residential Contracts - Refunds

Ejar platform clarifies the steps to transfer the rent amount to the beneficiary

It confirms that the transfer is made to the IBAN listed in the contract or to the wallet and explains the payment and redemption steps.

Residential program

More than 12,000 families benefited from the housing program last month

8,080 families moved into their first home in January and five new support packages were launched across nine housing and financing options.

General Authority for Statistics - Residential Rental Prices

Statistics: 9.3% rise in residential rental prices last month

GASTAT records annual inflation of 1.6% in January, driven by rising housing, utilities and food and falling transportation.

Roshan Real Estate Company - Residential Projects

New partnerships to accelerate delivery of residential projects at ROSHN

ROSHN signs agreements with local partners to build more than 400 homes and develop infrastructure in the Al Falwa project.

Building license via Baladi platform

In detail... Requirements for the construction of residential buildings according to the “Municipal Affairs”

Ministry of Housing launches draft regulations and technical specifications for housing projects on a polling platform until February 21, 2024

National Housing Company

National Housing: Sales of the first phase of Murcia Zone 4 exceed half a billion riyals

Reservations for the first phase were completed within 30 minutes by selling without the requirement of housing subsidy, with educational, health and commercial facilities in Khuzam suburb

Mercia Zone 4... Full details of the latest National Housing projects“

Khuzam offers more than 600 residential units and integrated facilities on an area of more than 280,000 m²

“Municipality and Housing” celebrates the empowerment of 19 thousand families within the development housing program in 2023

The partnership of ministries and charities has strengthened the sustainability of the development housing program and aims to own more than 25,000 families in 2024

International Monetary Fund Riyadh office market

9.5 % Saudi Arabia's housing rents rose over the past year

Jadwa: Higher rents due to higher interest rates and increased demand from foreigners; expects growth in mortgage loans in H2 2024

Medina Municipality - Commercial Project

848.8 million riyals worth of real estate transactions in Medina last month

The city recorded a 13.4% rise in deal value and 1,721 deals in January, supported by growing demand and low interest rates

8 ways to add green technology to your smart home

Tips for implementing green technology that reduces energy consumption and waste through smart devices and eco-friendly building products.

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