{"id":3308,"date":"2015-03-12T10:26:19","date_gmt":"2015-03-12T07:26:19","guid":{"rendered":"http:\/\/www.amlak.net.sa\/?p=3308"},"modified":"2015-03-12T10:26:19","modified_gmt":"2015-03-12T07:26:19","slug":"%d8%b1%d8%ad%d8%a8%d8%aa-%d8%a8%d8%b4%d8%b1%d8%a7%d9%83%d8%aa%d9%87%d8%a7-%d9%85%d8%b9-%d8%a7%d9%84%d9%82%d8%b7%d8%a7%d8%b9-%d8%a7%d9%84%d8%ae%d8%a7%d8%b5-%d8%a7%d9%84%d8%a5%d8%b3%d9%83%d8%a7%d9%86","status":"publish","type":"post","link":"https:\/\/amlak.net.sa\/en\/3308\/","title":{"rendered":"Welcomed its partnership with the private sector. Housing: 27 thousand housing units welcome waiting for real estate developers"},"content":{"rendered":"

The Ministry of Housing announced its partnership with the private sector, represented by real estate development companies, which will result in the construction of approximately 27,000 residential apartments of various sizes throughout the Kingdom, provided that each apartment is no smaller than 180 square meters and includes all necessary amenities.<\/span><\/p>\n

The Riyadh residential apartment project is expected to begin soon, immediately after the allocation of land is completed and beneficiaries begin construction in the villa neighborhoods, comprising 630 apartments, followed by approximately 3,100 in the Medina project, the Qatif Al-Badrani Housing Project, which will build 160 residential apartments, and 7,465 for the Dammam City housing projects, in addition to the Jeddah Airport Housing Project, which will accommodate 4,242 residential apartments, and 10,663 for the Prince Fawaz South Housing Project.<\/span><\/p>\n

The ministry\u2019s official spokesperson, Engineer Muhammad Al-Zumai, said in press statements \u2013 that, following the completion of the Riyadh project, the Ministry will hand over to beneficiaries in Al-Kharj Governorate a total of 2,543 plots of land and loans of 500,000 riyals, in addition to approximately 245 housing units with an area of 500 square meters in Al-Khobar Governorate in the Eastern Province. He noted that the ministry is continuing to fulfill its promises and is working at an accelerated pace to keep up with the growing demand for housing and the ministry\u2019s housing products.<\/span><\/p>\n

Al-Zumaie noted that the ministry welcomes partnerships with the private sector and supports them through marketing, but without forcing citizens to live in these housing units, emphasizing the ministry\u2019s readiness to pay the loan amount to the developer should a citizen choose a housing unit.<\/span><\/p>","protected":false},"excerpt":{"rendered":"

Reading time: <\/span> < 1<\/span> Minute<\/span><\/span>The Ministry of Housing announced its partnership with the private sector, represented by real estate development companies, which will result in the construction of approximately 27,000 residential apartments of various sizes throughout the Kingdom, with each apartment having a minimum area of 180 m\u00b2 and providing all necessary services. Work on the Riyadh residential apartment project is expected to begin soon, immediately after the distribution of land is completed and beneficiaries begin moving in\u2026 Read 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