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KSA – 23 thousand new real estate loans in January 2020

Monday, 03 02 2020, Category: Economy, Country: Saudi Arabia
Saudi Arabia revealed yesterday that last month saw the completion of the approval of 14 housing plans, with an area of more than 36 million square meters, amid achieving the highest lending rates in terms of the number of contracts and the amounts of financing; 23 thousand new real estate loans were approved, with a value exceeding 9.8 billion riyals (2.6 billion dollars).

The developer services center “completion” of the Saudi Ministry of Housing ended last January the approval of 14 schemes with a total area of 36.8 million square meters in various regions of the Kingdom, in the framework of the state’s endeavor to improve the performance of the real estate sector and raise its contribution to the local product and provide integrated solutions for developers Real estate, also provided a lot of services to developers.


Source: Saudi Press Agency
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