{"id":88313,"date":"2025-11-18T10:47:14","date_gmt":"2025-11-18T07:47:14","guid":{"rendered":"https:\/\/amlak.net.sa\/?p=88313"},"modified":"2025-11-18T10:47:14","modified_gmt":"2025-11-18T07:47:14","slug":"%d9%81%d9%8a-%d8%b3%d9%8a%d8%aa%d9%8a-%d8%b3%d9%83%d9%8a%d8%a8-%d8%a7%d9%84%d8%b1%d9%8a%d8%a7%d8%b6-%d8%b5%d9%81%d9%82%d8%a7%d8%aa-%d8%b9%d9%82%d8%a7%d8%b1%d9%8a%d8%a9-%d8%a8%d9%80161-%d9%85%d9%84","status":"publish","type":"post","link":"https:\/\/amlak.net.sa\/en\/88313\/","title":{"rendered":"at Cityscape Riyadh Real estate deals worth SAR 161 billion boost Saudi Arabia's real estate sector"},"content":{"rendered":"

\"\"<\/p>\n

The Minister of Municipalities and Housing, Mr. Majid bin Abdullah Al-Hogail, confirmed that the legislation developed over the past years has contributed to building a strong and clear infrastructure in the real estate sector, which has contributed to a wide growth in the financing and housing system in the Kingdom.<\/p>\n

In press statements, the Minister of Municipalities and Housing explained that Saudi Arabia now has a well-developed financing sector that includes bank financing, secondary financing, and the issuance of global sukuk, which has opened up new horizons for developers and investors.<\/p>\n

PropTech technologies have transformed the real estate sector through the use of data, Al-Hogail said, stressing that the Kingdom's digital government has become a model to be emulated globally.<\/p>\n

161 billion riyals worth of deals<\/span><\/h4>\n

He also spoke about the importance of the discussions taking place at real estate events, where deals worth SAR 161 billion have been announced between developers, with expectations that this figure will increase in the future and that the infrastructure and opportunities available in the sector, from the demand for residential units to the development of commercial complexes, will boost the growth of the real estate sector in the Kingdom in the coming years.<\/p>\n

Al-Haqeel emphasized that the development agreements signed worth 161 billion riyals will contribute to increasing the housing supply, especially in major cities such as Riyadh.<\/p>\n

He added that through the new quality of life models, the ministry aims to improve the quality of life to include housing, sports and entertainment, while providing modern housing options and larger spaces that meet the needs of Saudi families.<\/p>\n

He also pointed out that the products offered by developers today reflect an accurate understanding of the needs of citizens, while providing options suitable for different income levels, which contributes to the development of the residential and investment sector.<\/p>\n

He explained that real estate tokenization will help reduce the risks that investors may be exposed to, explaining that the standards for tokenization will be announced in early 2026.<\/p>\n

\"\"<\/p>","protected":false},"excerpt":{"rendered":"

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