{"id":53818,"date":"2023-01-25T10:52:39","date_gmt":"2023-01-25T07:52:39","guid":{"rendered":"https:\/\/amlak.net.sa\/?p=53818"},"modified":"2023-01-25T10:52:39","modified_gmt":"2023-01-25T07:52:39","slug":"%d8%a7%d9%84%d8%b5%d9%86%d8%af%d9%88%d9%82-%d8%a7%d9%84%d8%b9%d9%82%d8%a7%d8%b1%d9%8a-%d8%a3%d9%83%d8%ab%d8%b1-%d9%85%d9%86-684-%d8%a3%d9%84%d9%81-%d8%a3%d8%b3%d8%b1%d8%a9-%d8%b3%d8%b9%d9%88%d8%af","status":"publish","type":"post","link":"https:\/\/amlak.net.sa\/en\/53818\/","title":{"rendered":"Real Estate Fund: More than 684 thousand Saudi families have signed their financing contracts in 5 and a half years"},"content":{"rendered":"<p>The CEO of \u201c<span style=\"color: #993300;\"><strong><a style=\"color: #993300;\" href=\"https:\/\/portal.redf.gov.sa\/ar\/Pages\/default.aspx\">Real Estate Development Fund<\/a><\/strong><\/span>\u201dMansour bin Madi announced that the real estate finance market for individuals in the Kingdom recorded more than 674 billion riyals during the period from January 2022 to last November, achieving a record high of 130% compared to what it was during the transformation phase 2017, which reached 287 billion riyals, noting the success of the housing program - one of the programs of the Kingdom's Vision 2030 - and its inspiring ability to create a real estate finance market that enhanced growth opportunities and enabled the innovation and development of financing and housing solutions in line with the goal of raising the percentage of citizens' ownership of housing.<\/p>\n<p>During his participation in a panel discussion entitled \u201cThe Role of Banks and Financial Institutions in Supporting the Real Estate and Housing Sector in Light of the Changes,\u201d he explained <span style=\"color: #993300;\"><strong><a style=\"color: #993300;\" href=\"https:\/\/www.therff.com\/\">Future of Real Estate Forum<\/a><\/strong><\/span> In its second edition - currently being held in Riyadh - that what has been achieved represents a major transformation and development in the march of the financing sector in the Kingdom, and enriches the future vision of the real estate finance market, referring to the Fund's contribution in providing its qualitative solutions to enhance the real estate finance market, through the \u201cTatweer\u201d program to enable real estate developers to create competitive projects of high quality, in addition to supporting the sector of real estate financing companies and institutions through the financing program for real estate financiers.<\/p>\n<p>On the supporting role <span style=\"color: #993300;\"><strong><a style=\"color: #993300;\" href=\"https:\/\/portal.redf.gov.sa\/ar\/Pages\/default.aspx\">Real Estate Development Fund<\/a><\/strong><\/span> In the real estate finance market, Ben Madi said: \u201cThe <span style=\"color: #993300;\"><strong><a style=\"color: #993300;\" href=\"https:\/\/amlak.net.sa\/en\/52754\/\">Real estate fund<\/a><\/strong><\/span> He described its contribution as effective and pioneering, driving the growth of the real estate and finance sector, especially with the signing of more than 150 agreements aimed at enhancing the sustainability of housing support programs, building and strengthening partnerships with the public and private sectors, so that Saudi families enjoy various financing and housing options that suit their purchasing power and their need to own suitable housing.<\/p>\n<p>In the context of the enablers provided by the Fund to the real estate finance market, the CEO highlighted <span style=\"color: #993300;\"><strong><a style=\"color: #993300;\" href=\"https:\/\/amlak.net.sa\/en\/52979\/\">For the real estate fund<\/a> <\/strong><\/span>Highlighting a number of these programs and enablers in partnership with financial institutions, including the subsidized loan program, which provides a mortgage loan of up to 500 thousand with profits subsidized by up to 100%, the housing support packages program, which gives the beneficiary an immediate non-refundable subsidy of up to 100 thousand riyals, the financing guarantees program, the easy mortgage program in addition to the real estate advisor platform that provided more than 1. 2 million financing and housing recommendations to beneficiaries.2 million financing and housing recommendations for beneficiaries, as part of the ongoing efforts to improve housing affordability, in order to achieve the objectives of the Housing Program - one of the programs of the Kingdom's Vision 2030 - to provide opportunities to own suitable housing for Saudi families.<\/p>\n<p>The CEO of the Real Estate Fund promised these possibilities, which were supported by digital governance according to the best international standards, contributing to the implementation of more than 10 million digital operations through 43 electronic services, indicating that the Fund's programs and services have been linked with more than 103 electronic services, within the housing system and financing entities, which accelerated the pace of citizens' ownership of their homes, and enabled more than 684 thousand families to sign their financing contracts until the end of 2022.<\/p>\n<h4><span style=\"color: #993300;\"><strong><a style=\"color: #993300;\" href=\"https:\/\/portal.redf.gov.sa\/ar\/Pages\/default.aspx\">Real Estate Development Fund<\/a><\/strong><\/span><\/h4>","protected":false},"excerpt":{"rendered":"<p><span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading time: <\/span> <span class=\"rt-time\"> 2<\/span> <span class=\"rt-label rt-postfix\">Minutes<\/span><\/span>\u0643\u0634\u0641 \u0627\u0644\u0631\u0626\u064a\u0633 \u0627\u0644\u062a\u0646\u0641\u064a\u0630\u064a \u0644\u0640 &#8220;\u0635\u0646\u062f\u0648\u0642 \u0627\u0644\u062a\u0646\u0645\u064a\u0629 \u0627\u0644\u0639\u0642\u0627\u0631\u064a\u0629&#8221; \u0645\u0646\u0635\u0648\u0631 \u0628\u0646 \u0645\u0627\u0636\u064a\u060c \u0639\u0646 \u062a\u0633\u062c\u064a\u0644 \u0633\u0648\u0642 \u0627\u0644\u062a\u0645\u0648\u064a\u0644 \u0627\u0644\u0639\u0642\u0627\u0631\u064a \u0644\u0644\u0623\u0641\u0631\u0627\u062f \u0628\u0627\u0644\u0645\u0645\u0644\u0643\u0629 \u0623\u0643\u062b\u0631 \u0645\u0646 674 \u0645\u0644\u064a\u0627\u0631 \u0631\u064a\u0627\u0644 \u062e\u0644\u0627\u0644 \u0627\u0644\u0645\u062f\u0629 \u0645\u0646 \u064a\u0646\u0627\u064a\u0631 2022 \u062d\u062a\u0649 \u0646\u0648\u0641\u0645\u0628\u0631 \u0627\u0644\u0645\u0627\u0636\u064a\u060c \u0645\u062d\u0642\u0642\u0627\u064b \u0627\u0631\u062a\u0641\u0627\u0639\u0627\u064b \u0642\u064a\u0627\u0633\u064a\u0627\u064b \u0628\u0644\u063a 130% \u0645\u0642\u0627\u0631\u0646\u0629 \u0628\u0645\u0627 \u0643\u0627\u0646 \u0639\u0644\u064a\u0647 \u062e\u0644\u0627\u0644 \u0645\u0631\u062d\u0644\u0629 \u0627\u0644\u062a\u062d\u0648\u0644 2017 \u0627\u0644\u062a\u064a \u0628\u0644\u063a \u062e\u0644\u0627\u0644\u0647\u0627 287 \u0645\u0644\u064a\u0627\u0631 \u0631\u064a\u0627\u0644\u060c \u0645\u0646\u0648\u0647\u0627\u064b \u0628\u0646\u062c\u0627\u062d \u0628\u0631\u0646\u0627\u0645\u062c \u0627\u0644\u0625\u0633\u0643\u0627\u0646 &#8211; \u0623\u062d\u062f &#8230; <a title=\"Real Estate Fund: More than 684 thousand Saudi families have signed their financing contracts in 5 and a half years\" class=\"read-more\" href=\"https:\/\/amlak.net.sa\/en\/53818\/\" aria-label=\"Read more about \u0627\u0644\u0635\u0646\u062f\u0648\u0642 \u0627\u0644\u0639\u0642\u0627\u0631\u064a: \u0623\u0643\u062b\u0631 \u0645\u0646 684 \u0623\u0644\u0641 \u0623\u0633\u0631\u0629 \u0633\u0639\u0648\u062f\u064a\u0629 \u0648\u0642\u0639\u062a \u0639\u0642\u0648\u062f\u0647\u0627 \u0627\u0644\u062a\u0645\u0648\u064a\u0644\u064a\u0629 \u0641\u064a 5 \u0633\u0646\u0648\u0627\u062a \u0648\u0646\u0635\u0641\">Read more<\/a><\/p>","protected":false},"author":27,"featured_media":53819,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_robots_primary_cat":"0","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","footnotes":""},"categories":[100],"tags":[],"class_list":["post-53818","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-residential"],"acf":{"amlak_post_excerpt":"","amlak_post_excerpt_source":{"label":"Amlak post 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