Commitment to increase home ownership rates continues to support the Saudi residential market – AMEinfo

Commitment to increase home ownership rates continues to support the Saudi residential market – AMEinfo

In Riyadh, 7,500 units were delivered while in Jeddah, approximately 1,800 units were handed over during the same period.. The Sakani program is being delivered under Vision 2030 and was launched to provide more than 500,000 residential units across the Kingdom, costing an estimated SAR 500 billion.. In the office sector, the drop in oil prices combined with shifts in the work environment towards remote working practices has resulted in a slowdown in demand for office space..