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Saudi Arabia: 19481 residential and financial products launched by “Housing” and “Real Estate”

media In , Riyadh January 15, 2018

The Ministry of Riyadh January 15, 2018Housing and the Real Estate Development Fund during the press conference held by the Ministry of Housing today in the headquarters of the media center of Saudi Press Agency in Riyadh, the first batch of the second phase of the program “Residential 2018” with a total of 19481 residential and financial products distributed throughout the Kingdom, Which includes the allocation of 300 thousand residential and financial products, of which 125 thousand housing units in partnership with the private sector, and 75 thousand residential land developed without payment, in addition to 100 thousand financing supported profits in partnership between the Fund for Real Estate Development and banks and institutions Night. The ministry explained that this installment includes the allocation of 6681 housing units through the sale program on the map “Wafi” in partnership with real estate developers, distributed in the region of Riyadh with 505 housing units, Makkah area 4624 housing units, and the Eastern region 1552 housing units, in addition to 8300 The subsidized financing is distributed across the Kingdom as follows: Riyadh 2684, Makkah 1123, Medina 641, Qassim 929, Eastern Province 882, Asir 645, Tabuk 243, Hail 273, Northern Frontier 235, Jazan 163, Najran 179, Al Baha 151 , Jouf 152. In addition to the distribution of 4,500 land plots in a number of different areas. As for the prices of housing units, the supervisor of the real estate development program in the Ministry of Housing, Eng. Sarraq Al-Khatib said that the prices of residential products that have been announced range from 250 thousand to 700 thousand riyals, to meet the wishes of a large segment of Saudi families by making all options available to Citizens and citizens. Indicating that the Ministry of Housing has focused through its products in residential units on quality in construction and the right price. The Ministry of Housing and the Real Estate Development Fund called on citizens to visit the Sakani website for sakani.housing.sa, for their names for this month, as well as visit the housing support portal eskan.gov.sa and the e-portal of the Real Estate Development Fund redf.gov .sa, to update and update their data to be served quickly.

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