housing ministry launches 27658 housing products across kingdom
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Housing Ministry launches 27,658 housing products across Kingdom

Arab Today, arab today

Arab Today, arab today Housing Ministry launches 27,658 housing products across Kingdom

27,658 housing products across Kingdom
Riyadh - Arab Today

The Ministry of Housing has launched 27,658 housing products across the Kingdom within its “sakani” (housing) program to allocate and deliver 280,000 housing products this year, the Saudi Press Agency (SPA) said.
The program includes 7,700 financially supported products to be funded by banks and financing institutions; 7,723 land parcels without financial support; and 12,235 land parcels on maps (Wafi) in cooperation with real estate developers.
The number of housing and funding products has so far reached 127,957 since the inception of the program in February this year.
Announcing details of the program in a press briefing at the SPA, ministry officials said the Riyadh region has the highest rates of funded housing products with 2,174, and 1,061 housing units within the Wafi program.
The Makkah region received 1,155 funded products and 175 Wafi housing units, while Madinah, Qasim, the Eastern Province, Asir, Tabuk, Hail, the Northern Border, Jazan, Najran, Baha and Jouf received 528, 871, 834, 657, 301, 275, 216, 112, 198, 149 and 230 funded housing products, respectively.
The general supervisor of the partnership with the private sector, Ahmed Mandourah, said the partnership resulted in thousands of housing units built at prices ranging from SR250,000-SR700,000 ($66,662-$186,6542) to suit the purchasing power of eligible candidates.
The number of housing units to be sold on the Wafi program will reach 110,000 this year, and will be delivered to citizens in a three-year period at maximum, he said.
In this context, the general supervisor of the Real Estate Development Fund (REDF), Khalid Al-Amoudi, said the REDF will speed up delivery of housing funds in collaboration with banks and financial institutions. Since the beginning of this year, the REDF has managed to shorten the waiting period from 11 years to five, he said.

Source: Arab News

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

housing ministry launches 27658 housing products across kingdom housing ministry launches 27658 housing products across kingdom

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

housing ministry launches 27658 housing products across kingdom housing ministry launches 27658 housing products across kingdom

 



GMT 16:16 2014 Wednesday ,10 September

Samirah Ibrahim receives Saudi cultural attaché

GMT 09:32 2017 Sunday ,24 September

China confirms will limit oil exports to North Korea

GMT 19:56 2016 Saturday ,17 September

Typhoon Meranti death toll rises to 28

GMT 09:40 2018 Monday ,01 January

OIC Summit opens in Kazakhstan

GMT 06:37 2015 Monday ,07 December

Iran film directors protest colleague's jail term

GMT 18:37 2017 Friday ,25 August

Mental health issues should be prioritized

GMT 04:39 2017 Thursday ,31 August

Trump vows to right 'self-destructive' tax code

GMT 05:29 2017 Tuesday ,22 August

Celebrations across India on 71st Independence Day

GMT 10:54 2017 Wednesday ,11 October

Child obesity grows tenfold since 1975

GMT 02:31 2016 Tuesday ,06 December

Dubai Women Establishment delegation participates

GMT 04:29 2018 Wednesday ,19 September

North and South Korea: Kim and Moon hail new future

GMT 14:18 2013 Monday ,19 August

Newlywed Lebanese couple pose at car bomb site

GMT 11:11 2011 Friday ,12 August

Palestinian university ranks seventh in Arab world

GMT 15:16 2015 Wednesday ,26 August

UAE ambassador attends charity ceremony in Qalubiya

GMT 16:59 2016 Tuesday ,26 July

Hedge funds in new cycle of oil short-selling
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday