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Agreement with a U.S. organization to provide housing solutions in accordance with mortgage regulations and conditions

Reading time: < 1 MinuteSaudi Mortgage Refinance Company (SMRC), a wholly-owned subsidiary of the Public Investment Fund (PIF), has announced a cooperation and experience sharing agreement with the U.S. Department of Housing and Urban Development's National Mortgage Association (NMA) and Ginnie Mae. The agreement aims to share best practices and experiences within the framework of the policies, regulations and conditions of mortgage financing that regulate the work.

10/06/2023

Saudi Mortgage Refinancing
International Monetary Fund Riyadh office market

Riyadh apartment sales prices rise 8 % in Q4 2023

Deloitte: The average price per meter of apartments in Riyadh is 5050 riyals, and the housing supply is about 3.8 million units by the end of 2023

Hail Municipality completes electronic lottery draw for residential plots in Al Wadi scheme

Distribution of 1474 plots in Al-Wadi Scheme No. 3355 in Al-Maghawat Center in the presence of specialized committees and the head of the center

Refractory bricks and air conditioning

Refractory bricks add an aesthetically pleasing touch to your home decor

Resistant to temperatures up to 2200 degrees Celsius, it combines thermal insulation with a variety of designs for interior decoration.

“Clarity Real Estate announces the sale of two unique properties in Jeddah

Jeddah's Faraed auction on March 5 to sell a library building (5,520 m2), warehouses (40,000 m2) and entry conditions for one million riyals.

Real Estate Development Fund - Housing Subsidies

The Real Estate Fund carries out 914 thousand technical and real estate assessment visits for housing support beneficiaries by the end of 2023

The visits were carried out between May 2021 and the end of 2023 to ensure quality technical and engineering conformity and continuity of housing support.

Sami Mohammed Al-Qahtani The World in Saudi Arabia

Foundation Day Evolution over time

A review of the country's founding in 1727 and its historical journey, honoring its legacy, achievements and leaders.

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

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