The Ministry of Housing continued its efforts to provide a variety of housing options, as the \u201cSakani\u201d program announced the launch of four new housing projects in partnership with the private sector, comprising a total of 6,499 housing units \u201cunder construction.\u201d These projects offer a variety of models to meet the diverse preferences and tastes of beneficiaries, including villas, townhouses, and apartments in a range of sizes and designs, located in Riyadh, Al-Khobar, Taif, and Rabigh.<\/p>\n
The \u201cMarsa\u201d Project in Riyadh<\/strong><\/p>\n The ministry explained in a press release today that the \u201cMarsa\u201d project has been launched on ministry-owned land north of Riyadh, covering an area of over 2.7 million square meters. The project is a residential complex with comprehensive services and facilities, offering 5,590 housing units ranging from villas to apartments, with various sizes and designs, with built-up areas exceeding 320 square meters for the 5,018 villas\u2014priced starting at 649,000 riyals\u2014and 190 square meters for the apartments\u2014priced starting at 299,000 riyals. The project also includes a number of mosques, parks, and green spaces, in addition to approximately 30 sites designated for schools at all levels, healthcare facilities, and multiple commercial centers.<\/p>\n The \u201cAl-Fath\u201d Project in Taif<\/strong><\/p>\n The ministry noted the launch of the \u201cAl-Fath\u201d project in Taif Province, which spans an area of over 100,000 square meters and offers 488 residential units, including 477 apartments and 11 villas, with apartment sizes reaching up to 306 square meters, with prices starting at 360,000 riyals.<\/p>\n The \u201cAl-Shorouk\u201d Project in Al-Khobar<\/strong><\/p>\n The list of projects includes the \u201cAl-Shorouk\u201d project in Al-Khobar Governorate in the Eastern Province, which offers 188 apartments ranging in size up to 194 square meters, with prices starting at 460,000 riyals.<\/p>\n The Al-Shorouk Project in Mecca<\/strong><\/p>\n Rabigh, in the Makkah Region, is home to the \u201cAl-Shorouq\u201d project, developed in partnership with King Abdullah Economic City. The project offers 233 ready-to-move-in residential units, each with an area of 160 square meters, with prices starting at 458,000 riyals, The project features comprehensive infrastructure, a full range of amenities, and green spaces.<\/p>\n More than 182 housing options were allocated in 2018<\/strong><\/p>\n Early last year, in 2017, the Ministry of Housing announced the launch of the \u201cSakani\u201d program During the first phase, 282,000 housing and financing options were allocated, and at the beginning of this year, the ministry announced the target for the program\u2019s second phase: 300,000 housing and financing options. and in the middle of this month, the eighth batch of the program was announced, allocating more than 28,000 housing and financing options distributed across various regions of the Kingdom, bringing the total allocated in 2018 to more than 182,000, distributed among housing units under construction, free land plots, and subsidized mortgage loans\u2014achieving approximately 60 percent of the program\u2019s 2018 target. These consist of 66,400 subsidized mortgage loans, 52,011 free residential land plots, 2,584 ready-to-move-in housing units, and 61,406 housing units under construction. The Ministry, through the \u201cSakani\u201d program, has also launched numerous projects for housing units under construction across several cities in the Kingdom, in addition to the ongoing handover of the Ministry\u2019s projects for ready-to-move-in housing units in several cities and provinces across the Kingdom, such as Al-Qunfudhah, Bish, Samtah, Thadig, Arar, Al-Ayina, Al-Khobar, and Al-Mubarraz.<\/p>\n <\/p>","protected":false},"excerpt":{"rendered":" Reading time: <\/span> 2<\/span> Minutes<\/span><\/span>The Ministry of Housing continued its efforts to provide multiple housing options, as the \u201cResidential\u201d program announced the launch of 4 new housing projects in partnership with the private sector with a total of 6499 housing units \u201cunder construction\u201d, which are various models to meet the desires and tastes of different beneficiaries, and the options include villas, townhouses, and apartments, with various sizes and designs, distributed in Riyadh, Khobar, Taif and Rabigh. Morsiya project in Riyadh ... 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