The Ministry of Housing, represented by the Real Estate Development Fund, will organize the \u201cSakani Expo Asir\u201d next Monday. The exhibition will run for three days at the Abha Palace Hotel, under the generous patronage of His Royal Highness Prince Turki bin Talal bin Abdulaziz, Governor of the Asir Region. (Real Estate Financing)<\/p>\n
A workshop is being held on the sidelines of the exhibition to explore financing solutions for the \u201cSakani\u201d program in the region, along with a number of workshops to explore financing and housing solutions for residents of the Asir region. More than 16 financing entities, including banks and mortgage companies, will participate, in addition to a number of real estate development companies. \u201cSakani Expo\u201d in Asir for the second time under the patronage of His Royal Highness Prince Turki bin Talal, Governor of the Asir Region, His Excellency the Minister of Housing, and the Director General of the Real Estate Development Fund, to present more financing and housing solutions tailored to all segments of society in the region.<\/p>\n
Recently, \u201cSakani\u201d launched a home renovation loan initiative that enables beneficiaries under the age of 49 to obtain a loan of up to 100,000 riyals, in addition to extending the support initiative for civilians aged 50 and older through the end of March 2020, along with other measures that help beneficiaries obtain subsidized mortgage loans. It also aims to facilitate and streamline the process of purchasing a \u201cfirst home\u201d for beneficiaries on the lists of the Ministry of Housing and the Real Estate Development Fund, and to raise citizens\u2019 awareness of financing and housing options through the presence of relevant entities\u2014including real estate developers, contractors, government agencies, and financial institutions under one roof, in order to achieve the goals of the Housing 2020 Program, which includes raising the homeownership rate to 60% by 2020.<\/p>\n
\u201cSakani Expo Asir\u201d enables beneficiaries in the region to meet with a real estate advisor\u2014a service provided to beneficiaries with the aim of enriching citizens\u2019 experiences and increasing their satisfaction with the services provided by the Ministry of Housing and the Fund. It is based on a comprehensive analysis conducted by a specialized team of the beneficiaries\u2019 credit status after they submit the required documents, in order to help them identify the real estate financing solutions available to them from financial institutions before approaching them, This makes it easier for beneficiaries to make the right decision regarding the purchase of their first home. It also familiarizes beneficiaries with the electronic procedures that facilitate the financing process, the housing process, or land reservations, and enables them to take advantage of all electronic services that simplify the process of obtaining housing.
\n\u201cSakani\u201d offers the opportunity to meet with real estate developers and view details, floor plans, and designs of residential units in Sakani projects in the region, It also enables beneficiaries to explore suitable financing solutions offered by the Real Estate Development Fund in partnership with financial institutions to obtain a \u201csubsidized mortgage\u201d as part of a range of financing options tailored to different beneficiary segments.<\/p>\n
Editor-in-Chief Abdulaziz Al-Essa writes: ... . Will the Public Investment Fund rein in real estate prices?<\/a><\/p>\n Saudi Transport and Logistics Exhibition kicks off on November 4th<\/a><\/p>\n 500 million dollars in VC investments in Saudi Arabia by 2025<\/a><\/p>\n Establishing the Housing Development Endowment Fund in cooperation between the Ministries of Housing and Labor\u00ab<\/a><\/p>\n Ministry of Housing allocates SAR 237 million for the implementation of infrastructure in the \u201cAl Shorouk\u201d plan in Medina<\/a><\/p>\n Minister of Agriculture inaugurates Saudi Agricultural Exhibition 2019 with more than 380 companies in the exhibition halls<\/a><\/p>\n Launching the electronic link for building licenses between \u00abTamamam\u00bb and the Municipality of Madinah<\/a><\/p>\n Ministry of Transportation launches Khumra logistics zone for investment in Jeddah at 3rd Saudi Logistics Conference<\/a><\/p>\n Laden Investment customers sign financing contracts to purchase from Finan Residences<\/a><\/p>\n Banks and finance companies inject SAR 40.7 billion worth of loans since the beginning of the year<\/a><\/p>\n The National Bank for Real Estate Finance exhibition in Jeddah offers under-construction units<\/a><\/p>\n Honored by the Minister of Labor. Bank Al Jazira allocates 10 million riyals to support and finance productive family projects<\/a><\/p>\n Real Estate Financing<\/p>","protected":false},"excerpt":{"rendered":" Reading time: <\/span> 2<\/span> Minutes<\/span><\/span>The Ministry of Housing, represented by the Real Estate Development Fund, will organize the \u201cResidential Expo Asir\u201d exhibition on Monday, which will last for three days at the Abha Palace Hotel, under the patronage of His Royal Highness Prince Turki bin Talal bin Abdulaziz, Governor of Asir Region. (On the sidelines of the exhibition, a workshop will be held on the sidelines of the exhibition ... Read more<\/a><\/p>","protected":false},"author":10,"featured_media":27048,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_titles_title":"\u062a\u0645\u0648\u064a\u0644 \u0639\u0642\u0627\u0631\u064a .. \u0648\u0632\u0627\u0631\u0629 \u0627\u0644\u0625\u0633\u0643\u0627\u0646 \u062a\u0646\u0638\u0645 \u0645\u0639\u0631\u0636 "\u0633\u0643\u0646\u064a \u0625\u0643\u0633\u0628\u0648 \u0639\u0633\u064a\u0631" \u064a\u0648\u0645 \u0627\u0644\u0627\u062b\u0646\u064a\u0646 \u0627\u0644\u0642\u0627\u062f\u0645..","_seopress_titles_desc":"\u062a\u0645\u0648\u064a\u0644 \u0639\u0642\u0627\u0631\u064a .. \u0648\u0632\u0627\u0631\u0629 \u0627\u0644\u0625\u0633\u0643\u0627\u0646 \u062a\u0646\u0638\u0645 \u0645\u0639\u0631\u0636 "\u0633\u0643\u0646\u064a \u0625\u0643\u0633\u0628\u0648 \u0639\u0633\u064a\u0631" \u064a\u0648\u0645 \u0627\u0644\u0627\u062b\u0646\u064a\u0646 \u0627\u0644\u0642\u0627\u062f\u0645.. 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Estate Financing<\/h3>\n