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SAR 800 billion in residential real estate financing by the end of Q1 2024

Reading time: < 1 Minuteكشفت بيانات وإحصاءات البنك المركزي السعودي “ساما”، عن أن التمويل العقاري السكني بنهاية الربع الأول 2024 وصل إلى 800 مليار ريال، بارتفاع عن الربع المماثل ... Read more

New mortgages worth SAR 33.1 billion were provided in the first quarter, with about 78% going to individuals

29/05/2024

Saudi Central Bank
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.

Surveillance cameras

The best home security cameras of 2024 Features and specifications

A brief look at home CCTV options with a comparison of performance and features to help you with your buying decision.

Saudi Central Bank

SAR 80.81 billion in housing finance provided to individuals last year

SAMA data: Retail financing declined 34.5% in 2023 with villas taking the largest share.

Residential program

Steps to object to housing subsidies electronically

A brief guide on how to object via Sakani: Log in, select Entitlement, then fill out the objection form accurately.

Investors in real estate

Conditions and steps to register on the Joud Housing platform

A guide explaining the eligibility criteria and procedures required to apply to the Joud Housing platform for social security registrants.

U.S. Real Estate - Home Sales

U.S. new home sales surge last month

The Northeast region led the sales growth while the average sale price fell to $413k.

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