Saudi Arabia’s real estate supply reservations more than double
- Date: 06-Dec-2023
- Source: Arab News
- Sector:Real Estate
- Country:Saudi Arabia
Saudi Arabia’s real estate supply reservations more than double
RIYADH: Citizens in Saudi Arabia are gaining greater access to residential units as the real estate supply reservations surged 110 percent year on year in November to reach 12,503, according to new figures.
The Kingdom’s National Housing Co. announced that residential units were sold at competitive prices starting from SR250,000 ($66,649) compared to the previous year’s rates, in which the lowest contract amounted to SR321,000 per residential unit, the Saudi Press Agency reported. Saudi Arabia’s real estate supply reservations more than double
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