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Deals signed to build over 19,000 homes in KSA

Saudi Arabia, November 17, 2018

JEDDAH: The Housing Ministry, represented by the Sakani program, signed five agreements with four real estate development companies to build 19,359 housing units in Riyadh, Jeddah, Buraidah and Alkhobar for Sakani beneficiaries.
The agreements were signed in the presence of the housing minister, the CEO of the National Housing Co., and officials from the ministry and the Real Estate Development Fund.
Of the five projects, Murooj Jeddah will include 10,000 housing units, Luluat Al-Bahar in Jeddah 8,000, Tanal in Riyadh 1,008, Areen in Alkhobar 273, and Basateen Al-Qassim in Buraidah 78. All the housing units are villas and townhouses.
The projects include sites dedicated to mosques, parks and government agencies.