424 housing units of the housing project in Yanbu Saudi Arabia were booked three weeks after its launch

Media In / Agencies March 27, 2018
The Ministry of Housing, represented by the “Residential” program, announced the completion of the reservation of about 65% of the project “Rawasin Yanbu”, where the number of housing units that were booked after about three weeks of the launch of the exhibition about 424 housing units.
The ministry said in a press statement today that the seizure of the project land north of the city of Yanbu Al-Bahr, indicating that the project has a strategic location, is located along the Corniche and less than 500 meters from the Red Sea shore, and 15 km from Prince Abdul Mohsen bin Airport It is also located near the city center, 9 km from the general hospital and the technical college, and not more than 15 km from the University of Taiba and the port.
The project offers 660 residential units ranging from apartments and townhouses to multiple spaces and suitable prices starting from 420 thousand riyals and does not exceed 750,000 riyals. The total area of ​​the project is about 235 thousand square meters. Suitable for the beneficiaries of housing support and meet their needs, with all the guarantees on the quality of construction and the price appropriate for the segment of beneficiaries.
According to the ministry, the project is designed to accommodate a total of 368 residential units of an apartment type and 292 townhouses with suitable areas for Saudi families. The project includes green areas and recreational parks, complete infrastructure and facilities for service facilities consisting of two mosques and two facilities A health center, parks and children’s playgrounds, as well as a shopping center.
On the details of the residential units, the statement said that it includes two models of apartments with areas of 225 square meters consisting of 5 rooms designed and divided to meet the wishes of all families, while the residential units of the type of townhouse areas of up to 380 square meters of two floors, and different areas and designs , Consists of reception facilities and 4 bedrooms, plus a loft room.
The Ministry of Housing announced earlier this year the launch of the second phase of the program “Residential 2018”, which includes the allocation of 300 thousand residential and financial products, including 125 thousand housing units in partnership with the private sector and 75 thousand residential land provided for free, in addition to 100 thousand subsidized loan In partnership with the Real Estate Development Fund, banks and financial institutions, and allocated during the first three installments of this year more than 60 thousand residential and financial products in various regions of the Kingdom.
With regard to the booking fairs, the ministry announced the completion of reservations of several exhibitions in the various cities of the Kingdom such as the project north of Riyadh, the port of Tahlia in Jeddah and a number of projects in the eastern region are distributed in Dammam and Khobar and Al Ahsa, as well as housing projects Khamis Mushait, Abha, and two projects in Rabigh, In addition to the projects of prefabricated villas in Bish, Al-Khobar, Al-Mabarz, Ramah, Al-Sama and Al-Qunfudah.