Home ownership for Saudis increases in Q1

Home ownership for Saudis increases in Q1

According to JLL, a total of 7,500 residential units were delivered in the Saudi capital of Riyadh, while 1,800 were handed over in Jeddah. The Saudi government's Sakani programme has the goal of providing more than 500,000 residential units in the kingdom, at an estimated cost of SAR 500 billion ($133bn).. The programme hopes to achieve 70 percent home ownership for Saudi nationals..