Media ININ Economy We Trust
Media In / Riyadh December 16,
Saudi Residential has signed a number of agreements with real estate developers to build and build 6,089 housing units ranging from villas, townhouses and apartments. By 2018, 300,000 housing and finance options will be available.
The signed agreements target seven areas for the establishment of integrated residential projects in terms of infrastructure and service facilities. The agreement included the signing of 116 housing units in the Saraya Al Gharoub project in Al Khobar and ACICO Saudi Arabia Al-Khadaf project in Al-Khobar, and Takatof project in Makkah. The first offers 115 villas of the type Villa, while the other provides 250 housing units of Townhouse and Durat Al Madaen Development Company for the implementation of the project Tabuk, which includes 504 units of Villa and Town House, and the company Investing activities “to develop the scheme in Seville Onaizah province, which provides 52 residential units of villa type, in addition to the agreement with the company,” Annan Property “to carry out 154 units of type Villa project in the” blink of the suburb “in Buraydah.
In addition, the project has been signed with Dunn Investment Company to develop the residential complex in Riyadh, which includes 656 residential units between a villa and a residential apartment, and Al Arabiya for 239 residential units, And Hamad and Ahmed Al-Muzaini Company to develop 990 apartments in the north of the airport in Jeddah, in addition to the agreement with Al-Hakimiya for the implementation of 740 villas in Dammam.
The agreements included signing with Al Safwa Buildings Company for the implementation of three projects, two of which are in Khamis Mushait Governorate in Assir, which is a project of “Khamis Qardan”, which provides 1316 apartments, Khamis Qardan 2 project, which provides 630 apartments, as well as the “Rihana Al Safwa” Najran, which provides 327 units of the type of villas, townhouse and apartments.
