{"id":79956,"date":"2025-06-29T14:55:20","date_gmt":"2025-06-29T11:55:20","guid":{"rendered":"https:\/\/amlak.net.sa\/?p=79956"},"modified":"2025-11-25T21:20:19","modified_gmt":"2025-11-25T21:20:19","slug":"%d8%a7%d9%84%d9%85%d9%85%d9%84%d9%83%d8%a9-%d8%aa%d9%8f%d8%af%d9%8a%d8%b1-%d8%a7%d9%84%d8%b9%d9%82%d8%a7%d8%b1-%d8%a8%d8%a7%d9%82%d8%aa%d8%af%d8%a7%d8%b1","status":"publish","type":"post","link":"https:\/\/amlak.net.sa\/en\/79956\/","title":{"rendered":"Saudi Arabia's Real Estate Management"},"content":{"rendered":"<h4 style=\"text-align: center;\"><span style=\"color: #800000;\">Saudi Arabia's Real Estate Management<\/span><\/h4>\n<p><strong><span style=\"color: #800000;\">Hani Khashoggi<\/span><\/strong><\/p>\n<p>It is not far from the aspirations of Vision 2030 that the Kingdom has a developed and prosperous real estate sector, which the state manages wisely and competently, and works to direct its compass towards specific paths and control it if necessary, with the main goal of achieving the aspirations of the rulers, that this sector contributes to strengthening the national economy by providing various real estate products, which are indispensable in all other economic sectors.<\/p>\n<p>A while ago, the prices of real estate products in Riyadh skyrocketed, which confused the accounts of the average citizen looking for new housing to own or rent, as well as the accounts of the real estate developer and investors who pump some of their investments into real estate projects, so Crown Prince Mohammed bin Salman directed on the night of Eid al-Fitr to address the situation in the sector and control prices by activating five decisive measures, which succeeded today in pushing real estate prices in the capital areas to gradually decline and reassure everyone by assuring them that the state does not accept anyone to manipulate the real estate products, which must be secured for those who want to own or rent real estate.<\/p>\n<p>This scene, with all its details, confirms a clear fact, which is that the Kingdom views \u201chousing\u201d as one of the most important reasons for enhancing social security, which is an inherent right of every citizen, and seeks it in various ways, by obtaining a house in which he lives and feels secure, whether for himself, his family or his money. Because of the importance of this item, the Kingdom's governments have always adopted real estate products and harnessed enormous technical and human resources to ensure their availability to citizens and investors at reasonable prices.<\/p>\n<p>I can confirm that the five measures directed by His Highness the Crown Prince were decisive in quickly controlling real estate prices in Riyadh, for no other reason than that they were comprehensive of all the causes of the issue, which contributed to addressing the randomness of the sector, starting with the important measure of lifting the suspension on the sale and purchase, division and segmentation, issuing building permits and approving land plans located north of the capital, providing between 10 and 40 thousand planned and developed residential plots for citizens annually over the next five years at prices that do not exceed 1500 riyals per square meter, taking legal measures to issue proposed amendments to the white land fees system in pictures.<\/p>\n<p>In order to ensure the feasibility of these measures, the General Authority for Real Estate and the Royal Commission for Riyadh City were tasked with monitoring and controlling real estate prices in Riyadh and submitting periodic reports, and these reports indicated that real estate prices are taking a downward line, promising a further decline in the coming period.<\/p>\n<p>What the real estate sector is witnessing today is a remarkable shift in the price map of its products, from crazy rises to calm and stability, sends a message of reassurance to the citizen and investor that the state adopts the housing file, supervises it, and is keen to increase the percentage of ownership in Saudi society, which pushes it to stand against any attempts to monopolize real estate products or exaggerate their prices, and secondly, that the state seeks to fulfill all that it promised in the ambitious Vision 2030, providing housing for every citizen, in subsidized and facilitated ways.<\/p>\n<p><span style=\"color: #800000;\"><strong>@khashogjisa<\/strong><\/span><\/p>\n<p>&nbsp;<\/p>","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>Hani Khashoggi It is not far from the aspirations of Vision 2030 that the Kingdom has a developed and prosperous real estate sector, which the state manages wisely and competently, and works to direct its compass towards certain paths, and control it if necessary, with the main goal of achieving the aspirations of the rulers, that this sector contributes to strengthening the national economy, by providing products ... <a title=\"Saudi Arabia&#039;s Real Estate Management\" class=\"read-more\" href=\"https:\/\/amlak.net.sa\/en\/79956\/\" aria-label=\"Read more about \u0627\u0644\u0645\u0645\u0644\u0643\u0629 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