When will fees be imposed on vacant units? The Real Estate Commission clarifies
Confirm , Eng. Abdullah Al -Hammad, that the effects of the suspension decision will be subject to continuous and accurate follow -up, indicating that the Crown Prince follows the file on a monthly basis. On the questions of journalists at the government press conference, where he explained that previous international experiences were studied, and that the current Saudi model is designed to overcome any negatives." The public for the property is keen on permanent and transparent communication with the media and society to inform them of any developments in the real estate market. It aims to achieve one goal, which is “increasing the housing real estate supply”. Specified in Riyadh by the Royal Commission for the city of Riyadh, Al -Hammad explained that the details of this initiative, including the average prices and sites, will be announced by colleagues in the Royal Commission as soon as they are ready.
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