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المملكة: Al -Hogail: The new controls will not affect the existing projects and our goal is to control the rental market


Reassure The Minister of Municipalities and Housing , Majid Al -Hogail, investors and real estate developers that the new organizational decisions of The rental market is future decisions, and it will not have any impact on the projects that are currently under construction or those that have already been launched in the market. href =" target ="_Blank"> The government press conference , where Al-Hogail explained in response to the questions of the media, that the launch of these controls took into account the absence of any unknown decisions or retroactively." align ="center" Class ="twitter-tweet" Data-DNT ="True">

The Minister of Municipalities and Housing Majid Al -Hogail: Securing the housing units at prices that suit the citizen’s continuous income to ensure the fair distribution of income

The continuity of real estate development Al -Haqil indicated that any new real estate products will be offered in the market will deal with the new reality according to feasibility studies that are built on the current prices, which ensures the continuity of real estate development and the flow of supply without any obstacles, and thus, the feasibility of new projects will not be affected because it will be established from the beginning on the beginning Clear data. Integrated.

The Minister of Municipalities and Housing Majid Al -Hogail: With the directives of the Crown Prince .. We will launch programs to support limited income families that ensure that more than 30% of their income on housing

citizens have housing in response to a question about the impact of these steps on the percentage of citizens’ ownership of housing, Al -Haqil stressed that the Kingdom is going with a steady pace and even exceeds the plan in achieving the target of ownership, as the percentage reached about 65%. Real estate continues to secure housing units at prices affordable to citizens. To ensure the fairness of the income distribution, so that the citizen and the resident can live a balanced life, which is in the interest of the economy and society as a whole.

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