• Alhokail Signed a Memorandum Between Saudi Arabia and China to Create 100 Thousand Housing Units in Al-Ahsa


    Housing Minister Majid bin Abdullah Alhokail signed in Beijing on Tuesday, a memorandum of understanding with China’s Vice Commerce Minister Qian Keming, for cooperation in the field of housing between the Government of the Kingdom of Saudi Arabia and the Government of the People’s Republic of China in the housing sector, and the creation of channels […]

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  • Decline in Rents for Housing


    Despite the attempts of some real estate developers anticipate the application of the ‘rental’ program after about two months from now, and raise the value of rents in some regions of the Kingdom, but the economic landscape in all events imposes itself on the rental sector, which is witnessing a noticeable decline in some regions […]

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  • 1000 Residential and Service Project in The Riyadh Region at a Cost of 35 Billion Riyals


    Pursue projects program in Riyadh region showed  on development authority of Riyadh city that the number of housing projects and public services that are delivered in the region reached 1035 project total cost 34.96 billion riyals. According to the semiannual report 2016 because of authority most notable projects that are implemented in the public sector housing project SABIC […]

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  • The Saudis are Leading Real Estate Investors in The Gulf Countries


    Saudis leading property owners in GCC by 38.2 percent, according to the statistical report issued by the General Authority for statistics. Kuwait occupied second ranked by about 36%, in the rest of the Gulf countries formed a very small proportions, the Deputy Chairman of the Committee on economics and Energy Council Dr Fahd bin Juma, that “Kuwait and […]

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  • Property Prices Inflated get out 4.5 Billion Riyals to The Gulf


    Real estate and increase migration returned Saudi real estate investments abroad in the last stage to price inflation in the Kingdom and foggy landscape after land charges, experts did not exclude Saudi real estate buyers list issued in Dubai for $ 1.2 billion, equivalent to $ 4 billion, and increase turnout significantly on investment property […]

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  • Housing: 120 Days of The Adoption of The Developers Schemes Through Etmam Center


    In a move designed to speed up pumping housing projects in Saudi market Housing Ministry confirmed that the procedure for adopting the charts by developers Services Center “Etmam” does not exceed 120 days from the date of application, allowing citizens more options. Mohammed Ghazouani general supervisor of the center explained, the center is one of […]

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