Blog

21/10/2024

Real estate transaction tax exemptions What do they mean for the sector?

Cabinet approves new exemptions to reduce financial burdens on developers and stimulate the growth of the real estate market.

16/10/2024

Exemptions from real estate transaction tax A comprehensive guide for beneficiaries

Detailing the cases and categories of exemptions and their conditions to promote investment and facilitate real estate transactions in Saudi Arabia

16/10/2024

Qassim Municipality conducts 24 inspection rounds to monitor construction violations

Conducted 1238 surveillance rounds in Q3 2024, issued 101 health certificates and confiscated more than 32 kilograms.

14/10/2024

Real Estate Registry App. Learn about its most important services and how to benefit from it

The beta version offers property registration, real estate transactions, and property management via smartphones.

14/10/2024

Hail Municipality issues 2523 compliance certificates during the building facade correction period

The organizational certificate is awarded to owners of new and existing buildings via Baladi as part of efforts to improve facades and enhance the urban landscape.

13/10/2024

Saudi Building Code: Strict standards to protect lives and sustainability of buildings

A session at Restatex Jeddah 2024 explains code objectives, versions, application and training requirements, and international references

13/10/2024

4526 construction violations detected during building inspections in Qassim

Qassim Municipality and municipalities conducted 22,414 tours in the third quarter and issued 3,813 compliance certificates to enhance the urban landscape.

12/10/2024

Discussions. Real estate legislation and its role in the sustainability of the real estate sector in Saudi Arabia

Prince Waleed bin Nasser leads session at Jeddah Restatex and announces the establishment of Emaar Association representing more than 200 developers

12/10/2024

“Ammar Real Estate Developers Association” Distinguished efforts to support and develop the sector

Ammar Association gathers real estate developers to unify the voice and activate the role of the private sector and develop legislative frameworks in line with Vision 2030

12/10/2024

The details of the articles of the Real Estate Transaction Tax Law after the Cabinet's approval

Law sets 5% tax on real estate transactions with exemptions, penalties, enforcement mechanisms and a deadline to correct the situation

Real Estate Development Fund - Your Subsidy Equals Your Installment - Direct Lending

11/10/2024

Tamkeen Program. A new step to ease financial burdens and increase the ownership rate

The Real Estate Development Fund extends the repayment period for "Residential" beneficiaries to 30 years to reduce installments and increase the ownership rate.

09/10/2024

Riyadh Civil Defense launches preventive supervision program for the safety of tall buildings

It covers existing and under construction buildings to verify fire protection requirements, test systems and train professionals.

09/10/2024

Gulf Municipal Labor Conference concludes in Riyadh It recommends adopting modern technologies that promote smart cities

The conference concluded (October 6-8) with the participation of Gulf officials, recommendations for the adoption of smart city technologies and honoring the winners

09/10/2024

Cabinet approves amendment to Article 9 of the Saudi Building Code Implementation Law

The Council approved linking the total release of electricity to the certificate of occupancy and transferring the license of management consulting for individuals to Human Resources

Saudi Contractors Authority - Contracting Industry

08/10/2024

Saudi Contractors Authority and Saudi Green Building Forum sign Memorandum of Understanding

The MoU promotes cooperation to provide training programs, certification and knowledge exchange to support sustainability in the construction sector, under the patronage of the Minister