{"id":76140,"date":"2025-03-31T11:04:34","date_gmt":"2025-03-31T08:04:34","guid":{"rendered":"https:\/\/amlak.net.sa\/?p=76140"},"modified":"2025-11-25T22:59:59","modified_gmt":"2025-11-25T22:59:59","slug":"%d8%b1%d8%a6%d9%8a%d8%b3-%d9%87%d9%8a%d8%a6%d8%a9-%d8%a7%d9%84%d8%b9%d9%82%d8%a7%d8%b1-%d8%aa%d9%88%d8%ac%d9%8a%d9%87%d8%a7%d8%aa-%d8%b3%d9%85%d9%88-%d9%88%d9%84%d9%8a-%d8%a7%d9%84%d8%b9%d9%87%d8%af","status":"publish","type":"post","link":"https:\/\/amlak.net.sa\/en\/76140\/","title":{"rendered":"Chairman of the Real Estate Authority: Crown Prince's directives provide effective and quick solutions to meet the challenges of the real estate sector"},"content":{"rendered":"

CEO Appreciation Public Authority for Real Estate<\/a><\/strong> Engineer Abdullah bin Saud Al-Hammad, what His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud announced Crown Prince<\/a><\/strong> The Prime Minister announced the approval of a number of measures to balance the real estate sector in Riyadh, lifting the moratorium on land in the north of Riyadh and regulating the heights of Real estate market<\/a><\/strong>to monitor and control prices, take the necessary statutory measures to issue the proposed amendments to the White Land Fees Law, and provide annual land according to a number of conditions.<\/p>\n

Balancing the real estate sector<\/span><\/h4>\n

Al-Hammad stressed that the announcement of His Highness the Crown Prince - may God protect him - on the generous approval of a number of measures to achieve balance in the real estate sector in Riyadh reflects the keenness of the wise leadership to provide the interest of the citizen, which comes first by providing effective and quick solutions to meet the challenges of the real estate sector, both residential and commercial, in a way that reflects positively on the organization of the market and achieving justice and stability, and that the directives came from the wise leadership sensing the importance of enhancing the real estate supply and controlling fluctuations that affect housing ownership or commercial investments in light of the urban renaissance in the city of Riyadh.<\/p>\n

He pointed out that the generous directive will contribute to achieving a balance between supply and demand for real estate in the city of Riyadh, providing more real estate supply, allowing individuals and the private sector to obtain suitable options for their needs, and achieving economic and real estate development at all levels, in addition to the directive to provide 10-40 thousand pieces annually during the next five years according to supply and demand at prices not exceeding 1500 riyals per square meter, in addition to lifting the suspensions on the lands north of the city of Riyadh after a phase of urban planning for the region, following the previous decisions supporting real estate development, bringing the total of what was lifted from the.<\/p>\n

He explained that the Crown Prince's directive that a number of government agencies, including the General Authority for Real Estate, develop, monitor and control the real estate market and prices, and study the regulation of the relationship between landlord and tenant will contribute to controlling the residential and commercial rental market, ensure a balance between the interests of the parties and the growth of supply and demand for rents, raise the attractiveness of living and investment in the Kingdom through affordability, protect the rights of all parties, contribute to the stability of the real estate sector, and enhance its sustainability as an enabling sector for the growth of the Kingdom's economy.<\/p>\n

White Land Fees Amendments<\/span><\/h4>\n

The President of the Real Estate Authority added that the generous approval to take the necessary legal procedures to issue the proposed amendments to the White Land Fees Law in an urgent form within a period not exceeding (60) days comes within the government's efforts to stimulate land development, increase the housing supply, and combat monopoly, to enable citizens to own adequate housing and enhance their quality of life, and that the efforts to speed up the implementation of the directives of the wise leadership on real estate reflect the government's commitment to provide effective and quick solutions to meet the challenges of housing affordability and support the goals of the Kingdom's Vision 2030 in providing an affordable and sustainable housing environment.<\/p>","protected":false},"excerpt":{"rendered":"

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