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In detail... Texts of the Articles of the Executive Regulations of the Contractor Classification System

Reading time: 4 Minutesوافق ماجد بن عبدالله الحقيل وزير الشؤون البلدية والقروية والإسكان، على تعديل اللائحة التنفيذية لنظام تصنيف المقاولين، لتحل هذه اللائحة محل اللائحة التنفيذية لنظام تصنيف ... Read more

Ministry adopts new regulation specifying the requirements, procedures and issuance of contractor classification certificates electronically

07/01/2024

Who is a real estate developer?

“Al Masar Sports establishes a real estate investment fund with one billion riyals in the arts region

Al Masar, Ajdan and Albalad agree to set up a Riyal 1 billion investment fund to develop the Arts District

Public Authority for Real Estate - Off-plan Selling

Applications for training courses in real estate consultancy and analytics are now open

Registration is open for five days for the VAL qualification programs.

Singapore

Singapore property sales rise to 4-month high

New unit sales jumped to 784 units in November compared to 203 in October.

Rental housing prices

Borrowing costs for UK residential properties fall below 6%

The two-year fixed mortgage rate fell to 5.99% and the five-year to 5.6% after the BoE pause.

Real estate index

Real estate index: 747.2 billion riyals in cumulative real estate loans from commercial banks

Mortgage loans rose 12.75% annually by the end of the third quarter, of which 79.19% were for individuals.

Attribution and Liquidation Center Real Estate Auction

“Enforcement concludes 2023 with 29 public auctions to sell and liquidate 242 properties

Enforcement is organizing in-person and online auctions between December 21 and 31 to liquidate properties in eight regions and cities in the Kingdom.

Saudi Central Bank

SAR 155.5 billion in real estate loans granted to companies by the end of the third quarter

Total real estate loans rose to 747.2 billion riyals by the end of the third quarter, an increase of 13% compared to last year.

Mortgage Loans - Finance Companies

84.52 billion riyals the volume of real estate loans in the third quarter 2023

Banks' real estate loans rose to 747.2 billion riyals at the end of Q3 2023 with an individual share of 79.19%.

Mortgage Loan Terms in France

فرنسا تدعم الإقراض العقاري للحد من تداعيات الفائدة المرتفعة

تمديد مدة السداد إلى 27 عاماً وتخفيف شروط الإقراض مع منح بنوك مرونة وقياس الاستثناءات على أساس 9 أشهر.

Abu Dhabi

$19.4 billion worth of real estate transactions in Abu Dhabi in 11 months

Total transactions grew 26% to AED 71.3 billion, with sales accounting for 66% and mortgages 34% in 11 months

Villas Financing Housing Projects - Real Estate Finance

4.46 مليار ريال تمويل الفلل السكنية خلال أكتوبر الماضي

الفلل استحوذت على 66% من قروض أكتوبر.. التمويل السكني الجديد نما 16% شهريًا وتراجع 28% سنويًا

Tough times ahead for the commercial real estate industry

The future of real estate prices in the global market over the next two years

Survey shows global real estate prices are expected to rise in 2024-2025, driven by supply shortages and rising mortgage costs.

Saudi Central Bank

Banks' real estate loans rise in Q3 2023

Bank real estate loans reached SAR 747.2 billion by the end of Q3 2023, an increase of SAR 84.52 billion from 2022

“MODON wins two international awards in the category of smart services and digital transformation

Saudi Industrial Cities Authority (MODON) wins Continuous Improvement and Arab Ideas Awards for Productivity Initiative and Augmented Reality Project

Saudi Refinancing Company

“Saudi Real Estate Refinance Company issues SAR 3.5 billion in local bonds

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