A recent report issued by Mazaya Holding Company states that the volume of need in Saudi real estate market will reach about 4.5 million housing units by 2020; whereas other…
Housing News
Saudi property prices to rise as ‘demand grows’
Property prices in Saudi Arabia are seen rising in 2012 as demand continues to outstrip supply, while most other real estate markets in the Gulf Cooperation Council area will likely…
Strong demand to boost Riyadh’s real estate market
Jones Lang LaSalle, the world’s leading real estate investment and advisory firm, Monday issued its latest quarterly review of the Riyadh real estate market. Covering the third quarter of 2011,…
Housing for singles and workers: a new hot property investment
Real estate sources in Riyadh claim a new and widespread trend among property investors is to focus on building apartments especially for single men, male students and workers as there…
SASREF employees housing contract in Jubail
The Saudi Aramco-Shell Refinery Co. (SASREF) has signed a contract for development of a second infrastructure and construction of 217 residential units for the employees of the refinery in Jalmoudah…
Grant of land for housing projects in the Kingdom
The Ministry of Housing has provided more than 80 million sq. meters of land for implementation of housing projects in various regions of the Kingdom, in cooperation with the Ministry…
Agreement for development of residential units in Riyadh
Imlak Al Alamiyah Real Estate Development and Financing Co. has signed a agreement of joint investment with Al Arjan Projects Co. for development of a part of Qartaba Projects, which…
SR 300 billion worth of planned housing projects in KSA
Saudi Arabia’s housing sector remains a major long-term growth catalyst for the country’s construction industry as studies reveal that over SR 300 billion worth of pledged housing projects are now…
