{"id":30410,"date":"2020-11-16T10:03:47","date_gmt":"2020-11-16T07:03:47","guid":{"rendered":"https:\/\/amlak.net.sa\/?p=30410"},"modified":"2020-11-16T10:03:47","modified_gmt":"2020-11-16T07:03:47","slug":"%d9%88%d8%b2%d8%a7%d8%b1%d8%a9-%d8%a7%d9%84%d8%a5%d8%b3%d9%83%d8%a7%d9%86-%d9%85%d8%b4%d8%a7%d8%b1%d9%8a%d8%b9-%d8%b3%d9%83%d9%86%d9%8a%d8%a9-%d8%aa%d8%aa%d8%ad%d9%82%d9%82","status":"publish","type":"post","link":"https:\/\/amlak.net.sa\/en\/30410\/","title":{"rendered":"On the sixth anniversary of the pledge of allegiance... Housing projects: a visionary approach, goals being achieved... and the numbers speak for themselves"},"content":{"rendered":"

Housing projects<\/strong> \u2013 The Ministry of Housing aims to serve more than 300,000 families in 2020 through various housing solutions that meet the aspirations of Saudi families and are tailored to their financial capabilities within the options offered by the program, including more than 130,000 families who will move into their homes, the delivery of more than 100,000 new housing units in partnership with real estate developers, and the provision of 90,000 new residential plots. The Ministry exceeded its 2019 target of serving 200,000 families, and achieved results benefiting 300,041 families, of which 109,162 have moved into their homes.<\/p>\n\n\n\n

Homeownership rate rises to 700%<\/h4>\n\n\n\n

In conjunction with our celebration On the Sixth Anniversary of the Allegiance Oath<\/a> Since King Salman bin Abdulaziz, may God protect him, assumed the throne, this report details\u2014with figures\u2014the success of the Ministry of Housing through the \u00abSakani\u00bb program and its significant achievements in 2020, most notably the increase in home ownership among Saudi families to more than 7,00% as of last September, with approximately 96,633 Saudi families having moved into their homes, compared to approximately 12,059 households that were able to move into their homes last January. Meanwhile, other beneficiary households opted for units under construction in the suburbs, residential land, or self-build options.<\/p>\n\n\n\n

The Journey Toward Actual Homeownership This Year<\/h4>\n\n\n\n

In detail, since the beginning of 2020; Approximately 12,059 households moved into their homes in January, while 11,687 households moved in last February, and 11,414 households moved in in March; in April, 7,990 families; in May, 10,721 families; in June, 11,259 families; and in July, 10,524 families;and last August, 8,748 households moved into their homes, while in September, the number of households that moved into their homes reached approximately 12,231, bringing the total to 96,633 households.<\/p>\n\n\n\n

In line with the housing program targets set out in the Kingdom\u2019s Vision 2030, the Ministry seeks to enable Saudi families to own their first home by offering a range of options that meet their aspirations and are tailored to their financial capabilities, as well as by launching additional housing projects, to facilitate faster access to suitable housing at lower prices through a variety of options and affordable down payments, with the goal of raising the homeownership rate to 70% by 2030.<\/p>\n\n\n\n

335,332 tax certificates for first homes have been issued since the program began<\/strong><\/h3>\n\n\n\n

The Ministry has also issued 335,332 certificates exempting first homes from value-added tax since the program\u2019s launch through the end of September, including 72,666 certificates for beneficiaries outside the Ministry, and 262,666 certificates for beneficiaries of the Ministry of Housing and the Real Estate Development Fund, with the aim of increasing homeownership rates among citizens.<\/p>\n\n\n\n

To facilitate communication with citizens and save them time and effort, the \u00abSakani\u00bb mobile app offers convenient services, including immediate eligibility determination, browsing various housing and financing options, immediate reservation of units and land, issuance of price quotes, electronic issuance of land contracts, access to real estate advisory services, issuance of VAT certificates for first homes, selection of model designs for self-build beneficiaries and electronic issuance of building permits, notarization and issuance of lease agreements, and electronic transfer of housing subsidies between spouses.<\/p>\n\n\n\n

91,000 households benefited from the subsidized loan for prefabricated housing units through the third quarter of 2020<\/strong><\/h3>\n\n\n\n

The number of households benefiting from Mortgage loan<\/a> The program has provided subsidies for the purchase of ready-to-move-in housing units to more than 91,000 Saudi families through the third quarter of 2020, as part of the housing and financing options and solutions offered by the Ministry of Housing\u2019s \u201cSakani\u201d program to its beneficiaries, as part of the program\u2019s efforts to achieve the housing program\u2019s targets.<\/p>\n\n\n\n

The option to obtain a profit-sharing mortgage to purchase a ready-to-move-in residential unit as part of the program\u2019s efforts to provide diverse homeownership options, enabling citizens to own suitable residential units that meet their expectations and fit their financial capabilities by offering profit-supported housing financing of up to 100 percent from eligible financing entities for an amount notexceed 500,000 riyals.<\/p>\n\n\n\n

The option to purchase units on the open market is characterized by its ability to quickly enable eligible citizens to own suitable housing by providing appropriate support for the purchase of a ready-to-move-in unit on the open market, and by giving beneficiaries the freedom to purchase a residential unit in any location of their choice, provided that the unit complies with the terms and conditions of the financing entity and is within the citizen\u2019s purchasing power, in accordance with the financing entity\u2019s terms and operating procedures.<\/p>\n\n\n\n

58,319 households benefited from the subsidized mortgage loan for the self-build option<\/strong><\/h3>\n\n\n\n

The total number of residential units under construction that have been reserved by beneficiaries since the beginning of this year reached approximately 61,552, while contracts were issued for 74,014 residential plots in various cities, governorates, and districts, and 58,319 families benefited from subsidized mortgage loans for self-build projects.<\/p>\n\n\n\n

The program offers its diverse housing solutions and options through simple and accessible procedures via the \u00abSakani\u00bb app, with the aim of facilitating homeownership for Saudi families. The program also displays the names and national ID numbers of beneficiaries on its website. Alternatively, visit the online platform, which offers various services and conveniences, such as a real estate advisor, access to financing offers from financial institutions, electronic issuance of land contracts, architectural designs, and tax certificates, among others.<\/p>\n\n\n\n

Saif bin Salem Al-Suwailem, the official spokesperson for the Ministry of Housing, emphasized that the program will continue to provide a variety of housing units and residential lots in partnership with qualified real estate developers through streamlined procedures and a range of options and services that meet all families\u2019 needs and preferences, as part of the Ministry\u2019s commitment to accelerating home ownership among citizens.<\/p>\n\n\n\n

Housing projects<\/h4>","protected":false},"excerpt":{"rendered":"

Reading time: <\/span> 3<\/span> Minutes<\/span><\/span>Housing Projects \u2013 In 2020, the Ministry of Housing aims to serve more than 300,000 families through various housing solutions that meet the aspirations of Saudi families and are tailored to their financial capabilities within the options offered by the program, including more than 130,000 families moving into their homes and the addition of more than 100,000 new housing units in partnership with real estate developers, \u2026 Read more<\/a><\/p>","protected":false},"author":10,"featured_media":30839,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_titles_title":"\u0645\u0634\u0627\u0631\u064a\u0639 \u0633\u0643\u0646\u064a\u0629 - \u0641\u064a \u0630\u0643\u0631\u0649 \u0627\u0644\u0628\u064a\u0639\u0629 \u0627\u0644\u0633\u0627\u062f\u0633\u0629.. \u0645\u0634\u0627\u0631\u064a\u0639 \u0627\u0644\u0625\u0633\u0643\u0627\u0646 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