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The Real Estate General Authority (REGA; Arabic: الهيئة العامة للعقار) is a Saudi government agency was established in 2017 to regulate rules, stimulate investment and provide consumer protection in the real estate industry in Saudi Arabia.
It incorporates elements of modern Najdi architecture [3] [4] [5] and is named after Sidr, [6] the Arabic word for a jujube tree found in Saudi Arabia and the larger Middle East region which is also mentioned in the Qur'an as Sidrat al-Muntaha. [7] Sedra is the first integrated residential community project of Riyadh and the flagship project of ...
The housing market is poised to be a mixed bag in 2025, with reduced interest rates, shifting demand and other economic and societal changes affecting the market, according to a new report from...
Roshn (stylized ROSHN; Arabic: روشن) is a real estate development company based in Saudi Arabia. The company was founded in August 2020 by the Saudi Public Investment Fund as one of its Megaprojects. As one of Saudi Arabia's Vision 2030 goals, Roshn aims to enable home ownership to 70% of Saudi nationals. [3]
With many big finance experts recommending real estate investing as one of the best forms of investing for great returns, it can be tempting to think that this is a quick and easy path to wealth...
In December 2020, Spar Saudi Stores Company, a company of Al-Sadhan Group, opened an express convenience store in Riyadh's Digital City. [25] In March 2021, the complex hosted the Noor Riyadh events. [26] In April 2022, the General Presidency for the Promotion of Virtue and Prevention of Vices installed over 50 billboards in the complex. [27]
The Ministry of Housing is a cabinet-level government ministry in Saudi Arabia was established in 2011 by a royal decree and responsible for the supervision of the housing in the Kingdom. [ 1 ] [ 2 ] The Ministry also stimulate the development of housing products and supplying real estate. [ 1 ]
The costs include search costs, real estate fees, moving costs, legal fees, land transfer taxes, and deed registration fees. Transaction costs for the seller typically range between 1.5% and 6% of the purchase price. In some countries in continental Europe, transaction costs for both buyer and seller can range between 15% and 20%. Long time delays.