The number of real estate units registered in the Owners Program grew by more than 126,000 units within more than 14,000 registered owners' associations on the electronic platform since the beginning of the program until September 2021.
This comes as an extension of the program\u2019s efforts to promote a culture of co-existence and preserve the rights of owners and occupants of co-owned real estate units by providing services that facilitate and regulate the enjoyment of real estate, in pursuit of the objectives of the Housing Program \u2013 one of the programs of the Kingdom Vision 2030 \u2013 to raise the percentage of residential ownership among Saudi families to 70% by 2030.
The Malak program explained in a press statement that this increase in the number of owners\u2019 associations came due to facilitating the registration procedures for the owners of the common real estate units in their units electronically under the sales contracts, activating and adopting the owners\u2019 associations electronically, in addition to addressing the challenges facing some of the associations.
He emphasized his constant effort to provide the needs of owners of co-ownership real estate units with the services they require, as the program provides a special page for service providers, including property managers and entities, and a certified list of maintenance and operation companies for registration and showcasing their services to the owners\u2019 associations, with the aim of organizing and facilitating the communication process between the owners\u2019 associations and service providers, and providing reliability and safeguarding the rights of both parties.
The \u201cMalak\u201d platform provides services and facilities to associations in all cities and regions of the Kingdom, by compiling the key data to create personal profiles on the platform, in addition to the approval of maintenance and operation companies by the program after creating the profile; to allow the display of data and services to the \u201cMalak\u201d associations; the platform also provides functional opportunities for property managers and maintenance and operation companies in the fields of security, safety, maintenance, and building management by providing their services to the registered associations.
The electronic platform showcases a number of services through the community page, in addition to the property managers, which include (building management, security systems, electrical and mechanical maintenance, general management services, reception services), and other services aimed at creating an organized and safe environment in managing the common areas within a single property. Service providers can be accessed through the \u201cCommunity\u201d page with ease and convenience by visiting the link mullak.housing.gov.sa.<\/p>","protected":false},"excerpt":{"rendered":"
Reading time: <\/span> < 1<\/span> Minute<\/span><\/span>The number of real estate units registered in the Mulak program has grown by more than 126 thousand real estate units within more than 14 thousand owners' associations registered in the electronic platform since the beginning of the program until September 2021. This comes as an extension of the program's efforts to promote the culture of coexistence and preserve the rights of owners and occupants of real estate units with common ownership by providing services, which ... 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