The Riyadh Real Estate exhibition succeeded in attracting major real estate development companies and businessmen from various sectors of the real estate market to outline the market through its four days of exhibition. Despite the climatic and environmental factors, the exhibition halls witnessed a significant turnout from interested parties and visitors; which reflected in the levels of satisfaction and approval from the participating companies, who were keen to market their products and move their sales forward.<\/b><\/p>\n
Al-Amal Real Estate newspaper, during its coverage of the events, interviewed a number of exhibitors about the exhibition and its impact on the market they target. Opinions and demands varied in many aspects, but all expressed satisfaction with what they achieved at the exhibition; together, let\u2019s see what the exhibitors said about the exhibition and the future of the real estate market?<\/b><\/p>\n
Abu Ba\u2019a: The exhibition included all sectors of the real estate industry\u00a0<\/b><\/p>\n
At the beginning, Abdulaziz Abu Ba\u2019aa, CEO of Duwayn Real Estate, spoke, emphasizing that this is not our first participation in the exhibition, which represents a good opportunity for all the stakeholders in the real estate sector, thanks to the presence of the relevant government agencies.\u00a0 <\/span>Banks and development companies are under the umbrella of the exhibition, which made it easier for us to learn about the ministry\u2019s products and programs, financing programs, and requested the organizing company to focus on holiday days in organizing such events that attract families. He praised the quality of organization and the distribution of spaces and corridors, which reflected in the ease of visitors\u2019 access to the booths and company exhibition halls.<\/p>\n Abu Ba\u2019a discusses the positive changes that have occurred in the real estate market, especially the housing sector, pointing out the reduction of the down payment from real estate financing to 5%,000,000 riyals, and determining the price range for the ministry\u2019s housing units (250 \u2013 750,000 riyals), praising the Ministry of Housing represented by its programs with modern construction techniques aimed at product quality and with lower costs and time, in addition to providing jobs, and about the completion program, Abu Ba\u2019a said that the center succeeded in reducing the development period from 54 to 24 months.<\/p>\n Al-Hassami: Real estate agents have adapted to the regulatory changes<\/b><\/p>\n For his part, Engineer Nabh\u0101n Al-Hassami, General Manager of Marketing at Kanan International Real Estate Marketing Company, expressed optimism about the future of the real estate market, despite the difficulty of predicting exactly what will happen there. He emphasized that those involved in the sector are adapting and adjusting to various organizational and economic changes, describing them as natural phenomena; this in itself is a good thing, so that every investor can formulate a plan that aligns with this change.<\/p>\n Al-Hasami called on the organizing company of the exhibition to focus on marketing the exhibition on all platforms so that the participating companies can fully achieve their goals. He pointed out that the number of participants is below what was hoped for; therefore, we cannot limit the evaluation of the real estate market to our evaluation of the exhibition. He praised the high number of visitors and their interest in the exhibition; this is because the range of real estate products offered is diverse, and \u2013 in my opinion \u2013 as Al-Hasami said, the exhibition represents an ideal opportunity to gather the opinions and wishes of the customers so that we can take advantage of them in the future.\u00a0 \u00a0<\/span><\/p>\n Research: Satisfaction levels <\/b>Excellent value for money <\/b><\/p>\n In the same topic, Mohamed bin Abdulrahman Al Bahroush, General Manager of Theri Hom Real Estate Company, expressed some observations regarding the organization of the exhibition, noting the need to bring together relevant parties and link them into a single space, such as government agencies, banks, and government financing sectors. He also mentioned design and decoration, so that visitors can shorten their time and effort in searching and reviewing options, pointing out that the exhibition, with its various formats, reflects the reality of the real estate market to a large extent, reaching up to 80%.<\/p>\n Regarding their participation in the exhibition, the researchers expressed their full satisfaction with the participation, which achieved excellent levels of satisfaction and the achievement of objectives; because we always strive to fulfill the wishes of customers and study their needs, and explained that the real estate market has begun to recover through the movement of liquidity and an increase in sales and purchases, and the agreement between supply and demand.<\/p>\n The researchers called on the banks and financing agencies to ensure that there are exclusive offers for their participation in the exhibition so that they can make a difference and compete among themselves, and he said it is not reasonable for their participation to be just a new branch without any change in products or the presence of incentives for customers.<\/p>\n Jashy: Our participation <\/b>A strategy at the exhibition<\/b><\/p>\n In the same subject, Hussein Al-Jashi, Director of Investment Management at Qoma Capital Investment Company, called for the exhibition to be distributed throughout the Kingdom, describing the exhibition as reflecting the reality of the real estate sector and its development in the Kingdom, in terms of the types of participation and representation present in all sectors providing urban development services. Al-Jashi added that he hopes in the upcoming sessions that the exhibition will include the largest number of major real estate companies that represent a significant weight in the sector, affirming that the Ristatsix exhibition\u00a0 <\/span>Riyadh Real Estate is one of the most important exhibitions in the region, and our participation in it is a strategic move, despite the overlap in its dates with our participation in a similar exhibition in the Kingdom of Bahrain.<\/p>\n Regarding their current view of the real estate market in the Kingdom, Al Jashi confirmed that real estate is known to be a disease that neither dies nor grows.,\u00a0 <\/span>Despite the downturn that the sector experiences from time to time, it is expected to develop under the Kingdom Vision 2030, explaining that all employees and investors in the sector benefit because there is flexibility in the buying and selling process, especially since we are seeing many offers for various products.<\/p>\n Al-Aloun: Exhibition results <\/b>A good indicator for the market<\/b><\/p>\n For his part, Abdullah bin Mohammed Al-Alwan, the CEO, praised the exhibition and described it as better than last year in light of the recession the sector is experiencing, noting the presence of constant and fruitful activity in the booths and halls, which gives a positive sign for the exhibition, especially since the inquiries of visitors focused directly on residential units of all types and land plots, which indicates the seriousness of the housing seekers in purchasing or preparing for it. The CEO expressed his satisfaction with what was achieved in general at the exhibition, noting the participation of banks this year in a large scale, offering their latest financing products in a strong competition, which creates competition and bodes well for the resolution of the financing crisis and enabling the citizen to benefit from it to purchase or build the home he dreams of.<\/p>\n Al-Aloun called on the companies participating in the exhibition to strengthen competition among themselves by providing the easiest and most convenient ways to own real estate away from traditional methods, and designing innovative programs and incentives that make the citizen more interested and confident in the developers' products. \u00a0 \u00a0<\/span><\/p>","protected":false},"excerpt":{"rendered":" Reading time: <\/span> 3<\/span> Minutes<\/span><\/span>The Restatex Riyadh Real Estate Exhibition successfully attracted major real estate development companies and business leaders from across the real estate sector, shaping the market landscape over its four-day run. Despite weather and environmental factors, the exhibition halls saw a notable turnout of interested parties and visitors; this was reflected in the high levels of satisfaction and approval from exhibiting companies, which were keen to market their products and drive \u2026 Read more<\/a><\/p>","protected":false},"author":10,"featured_media":20573,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"0","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"","_seopress_redirections_param":"","_seopress_redirections_type":0,"_seopress_analysis_target_kw":"","_seopress_news_disabled":"","_seopress_video_disabled":"","_seopress_video":[],"_seopress_pro_schemas_manual":[],"_seopress_pro_rich_snippets_disable_all":"","_seopress_pro_rich_snippets_disable":[],"_seopress_pro_schemas":[],"amlak_video_sent":"","footnotes":""},"categories":[7785],"tags":[],"class_list":["post-20572","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-riyadh-qassim"],"acf":{"amlak_post_excerpt":"","amlak_post_excerpt_source":{"label":"Amlak post excerpt","type":"text","formatted_value":""}},"featured_image_urls":{"full":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2018\/05\/29.jpg",1318,1500,false],"thumbnail":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2018\/05\/29-150x150.jpg",150,150,true],"medium":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2018\/05\/29-264x300.jpg",264,300,true],"medium_large":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2018\/05\/29-768x874.jpg",768,874,true],"large":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2018\/05\/29-900x1024.jpg",900,1024,true],"1536x1536":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2018\/05\/29.jpg",1318,1500,false],"2048x2048":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2018\/05\/29.jpg",1318,1500,false],"trp-custom-language-flag":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2018\/05\/29.jpg",11,12,false],"event-thumbnail":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2018\/05\/29-300x200.jpg",300,200,true],"event-medium":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2018\/05\/29-600x400.jpg",600,400,true],"event-large":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2018\/05\/29-1200x800.jpg",1200,800,true],"event-hero":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2018\/05\/29-1318x1080.jpg",1318,1080,true]},"author_info":{"info":["\u0627\u0645\u0644\u0627\u0643 \u0627\u0644\u0639\u0642\u0627\u0631\u064a\u0629"]},"category_info":"\u0645\u0646\u0637\u0642\u0629 \u0627\u0644\u0631\u064a\u0627\u0636 \u0648\u0627\u0644\u0642\u0635\u064a\u0645<\/a>","tag_info":"\u0645\u0646\u0637\u0642\u0629 \u0627\u0644\u0631\u064a\u0627\u0636 \u0648\u0627\u0644\u0642\u0635\u064a\u0645","comment_count":"0","_links":{"self":[{"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/posts\/20572","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/comments?post=20572"}],"version-history":[{"count":0,"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/posts\/20572\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/media\/20573"}],"wp:attachment":[{"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/media?parent=20572"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/categories?post=20572"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/tags?post=20572"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}