Crown Prince directs to double housing projects in northern Riyadh

Crown Prince directs to double housing projects in northern Riyadh

Crown Prince Muhammad Bin Salman, deputy premier and minister of defense, issued directives to double housing projects in the north of Riyadh by allocating new residential land plots on a total area of 20 million square meters and transferring their full ownership to the Ministry of Municipal, Rural Affairs and Housing.

 

The move aims at building 53,000 new residential units, as part of the Crown Prince’s focus on the housing sector and raising the rate of home ownership by nationals.