We are working on prices starting 70,000 new housing units in Riyadh from $ 66,000
The implementation of many housing projects, and preserving real estate loans by preserving real estate loans, Saudi Arabia’s enthusiasm for providing well -being and stability and to achieve its goals of “Vision 2030”, in order to expand the percentage of citizens’ homeowners, to support the ownership of Munisipalities, Mathi Housing The donation describes the number of registration residential units in 2025 that expires to expire to families. He has revealed plans to pump 70,000 new housing units in Riyadh for prices starting from 250,000 reals ($ 66,000).
At a government press conference, Al -Hogil’s words, including information minister Salman al -Dosari, also donated billion rials in support of the houses of Crown Prince Mohammed bin Salman’s citizens.
The recent report of the Muvotic Progress was issued a few days ago in “2030” for the year 2024, and the ownership of Saudi families increased to 65.4 percent last year, in 2016.
I am thankful and thankful for giving him a billion riyles to a company to save him – the Prime Minister – the Prime Minister – the Prime Minister #Housing It is represented in a household state to own families in different parts of the kingdom. Karim is of his interest in providing and achieving a good life for the citizen’s needs and the tenderness of his Haines … https://t.co/lr5fdc2SSP
Majid al -Hogail (@majedhogail) April 28, 2025
Al -Ha Gail explained that the ministry has launched more than 11 financing solutions to support citizens, and housing relief programs are more simple and affordable, which has so far helped to own more than 850 thousand Saudi families for their homes, 65 per cent of the 2024 ownership of 65 per cent of the year. According to Al -Hahagail, the ministry works to reach 70 percent by 2030.
More than 43,000 families have been able to own their home, as he also stressed that it is also in the process of providing adequate housing to more than 50 thousand families belonging to the most needed families, as it supports the most needed groups.
He said that the journey of households in Saudi Arabia has become less and light, and that there are local and regional plans in all cities of the kingdom to meet the needs of urban development and the needs of urban development.
He revealed that housing units will be pumped between 60 and 70,000 in Riyadh; In response to the needs of its residents, and the units are also sent to all parts of the kingdom. He said: “We will pump housing units in Riyadh and start from 250,000 riyales after support,” he said. “We take two things in our activities, we will create rehabilitation and new jobs,” he stressed.
The municipal and housing sector represented 14 per cent of GDP on over 550 operations, with more than 318,000 facilities in the past.
He believes that in 2024, the size of the real estate sector has increased from 170 billion to 850 billion. “The cooperation of construction, construction and real estate activities exceeds 16 percent of the total foreign direct investment currents. We reflect the investor’s confidence in the readiness of the cities and the readiness of the constantly developing companies.
He suggested that the municipal sector increased from 6.3 billion in 202 to 22 billion to 22 billion in 2024, a growth rate of 249 per cent; As a result of investing the opportunities available.
More than 6 Saudi cities have entered the classification of smart cities, while by the end of this year, the ministry is working to activate urban identities in 12 trusts.
To the quality of the municipal services, the ministry has adopted a focus from the first, based on the comprehensive surroundings of cities, not only for housing, but also by suggesting a comprehensive plan to improve the quality of municipal services, to ensure the needs of the citizens from the city’s comprehensive control.
Al -Haugail has highlighted the duration of the City Control Center and the duration of the issuance of licenses to less than 48 hours, the closing rate of the report has exceeded 94 percent, and the issuance of more than 70,000 certification to buildings in different areas.
When it comes to economic stability, the Al -Hauchale municipal sector has previously dependent on government support, with a variety of cost and income development plans. But with the transitions led by the “Vision 2030”, the ministry was able to go to great height; It has signed about 19 billion reals valuable investment contracts to develop infrastructure and services.
Al -Dosary
As a man of information, the Minister of Information, Salman al -Dosary, “Vision 2030” has become an exciting model for countries, people and societies, they are in front of time and numbers, and the achievements have come at their mentioned times.
Al -Dosari says “(Vision 2030) represents the world’s largest success story in the twenty century, where humanity stimulates, adopts and makes history,” 2024 is the year of records. Referring to a series of achievements achieved at different levels.
The Minister of Information has suggested that Al -Lala has become the first tourist destination in the Middle East to obtain accreditation of the International Organization for Tourism Destination.
Crown Prince Muhammad bin Salman has constantly emphasizes the importance of complete transparency in the “vision” path, and that clarity is the basis for this journey, and al -Dosari asserted that the citizen in this national march is considered the most important partner in the National March.
In the same case, the “Virtual Health Hospital” has entered the Guinness Book of Records, including the inclusion of 7 Saudi Hospitals in the world’s best 250 hospitals.
