Saudi ministry announced new 12 residential projects of 25,000 under-construction housing units costs between $66,600 (SAR250,000) and $200,000 (SAR750,000).
Saudi Arabia’s Ministry of Housing has announced that 25,000 under-construction housing units, distributed as part of 12 projects, are now available for reservations.
In Riyadh, the capital of the Kingdom of Saudi Arabia, the ministry initiates the line in the northern and southern regions of the capital for integrated services that are carried out by the competent real estate investors.
Sakani website helps the Saudi citizen to electronically select and verify the units that consider a great benefit from the initiative. Also, he has the ability to visit a comprehensive residential center that permits guarantees to complete all procedures from choosing the unit until the contract signing.
$400 (SAR1500) riyals is approximately the average valuable or monthly fees while the range price of the unit from $66,600 (SAR250,000) to $200,000 (SAR750,000).
Apartments, villas, and townhouses with changing designs and prices are the under-construction housing units in the 12 residential projects.
The main purpose of the project is to provide cultural, sports facilities, entertaining and homey environment.