November 15, 2018 Today’s Paper
  • Bahrain
  • Kuwait
  • Oman
  • Qatar
  • Saudi Arabia
  • UAE
  • Countries News:

Oman’s first model housing complex to be launched next Monday

Oman - October 18, 2018

The ground-breaking ceremony for Oman’s first model residential complex will take place at a site off the Expressway in Barka on October 22.

Minister of Housing Shaikh Saif bin Mohammed al Shabibi will preside over the function, which will be addressed by Talal al Rahbi, Chairman of the steering committee of the Supreme Council for Planning.

An estimated 1,000 houses are proposed to be offered to Omani citizens on a 350,000 sq. meter site at affordable prices.

The housing units will have all facilities, including amenities and attractions of a mini-city.

According to an official at the Ministry of Housing, Omanis opting for housing units offered as part of the project will have to waive their entitlements to other government land.

Over half a million citizens both young men and women are in the waitlist for allocation of government land for residential purposes. Once they get houses in the new project, they will have to ignore their other applications, the official said.

The new integrated project is the first of its kind in the series of housing programs to be offered to Oman’s young population through a draw of lots.

The model residential complex initiated by the government is being implemented by the Supreme Council for Planning in collaboration with the Ministry of Housing and other stakeholders.

Share this page

x
Join our and be

Keep up with the latest market trends, offers, news, view and how-tos through our newsletter.