JEDDAH: The launch of the fifth batch of the Sakani (housing) program for 2018 was announced by the Ministry of Housing and the Real Estate Development Fund (REDF) on Tuesday, the official Saudi Press Agency reported.
It will distribute 21,612 residential and financing products across the Kingdom.
It allocated 105,174 residential and financial products during the first five months of 2018 and has a target of allocating 300,000 products by the end of the year.
The ministry made the announcement at a press conference in Jeddah and revealed that the current batch included 8,115 housing units under construction (off-plan sales) in partnership with real estate developers. The units will be distributed in
two provinces with 7,279 in Makkah and 836 in the Eastern Province.
A further 5,197 plots for development are spread over six provinces: 773 in Riyadh, 749 in Qassim, 2,208 in the Eastern Province, 610 in Asir, 749 in the northern border region and 108 in Al-Jawf region.
Included is 8,300 mortgage loans from REDF — in partnership with banks and financial firms— distributed across the Kingdom’s regions as follows: 2,189 in Riyadh, 1346 in Makkah, 706 in Madinah, 724 in Qassim, 1,015 in the Eastern Province, 609 in Asir, 299 in Tabuk, 308 in Hail, 234 in the northern border region, 169 in Jizan, 311 in Najran, 162 in Baha, and 228 in Al-Jouf region.
National Housing Company CEO Mohammed bin Saleh Al-Bati said that the housing program would continue to announce reservation opportunities at exhibitions across the Kingdom, at least 5 exhibitions are being held every month to announce reservation opportunities.
At the press conference, he said that deals had been signed with five real estate developers for four projects in Makkah and one in Jubail.
He announced the forthcoming launch of seven new projects in Jeddah, two on the ministry’s lands in Prince Fawaz District and in the north and five on private sector land.
The seven projects will provide more than 50,000 housing units ranging from villas, townhouses and apartments.
The ministry continues to accept applications at six housing projects with more than 15,000 housing units in Riyadh, Makkah, Madinah, and Jeddah, he added.
In the last period, 60,000 housing units under construction (off-plan sales) were announced and the number of reservations in these projects amounted to around 40 percent.
“More than 4,000 housing units are ready, 70 percent of (them) have been reserved,” he added.
REDF General Supervisor Khalid bin Mohammed Al-Amoudi confirmed that REDF would continue to provide services to beneficiaries on the waiting lists through suitable financing options.
During the past period, REDF launched an interactive campaign in 14 shopping malls across the Kingdom, attracting lots of interest, he added.
Al-Amoudi explained that REDF had also launched several programs and initiatives during the past period to facilitate access to mortgage loans and help citizens own suitable housing solutions.
These programs and initiatives included the announcement of the self-building product and providing support to beneficiaries who have a loan with REDF by converting it into a supported loan in addition to letting them know what is the loan’s date of receipt and making it possible to receive it at a sooner date by visiting REDF’s website.
Al-Amoudi said that REDF’s Board of Directors has approved extending the loan term for citizens whose applications were approved 10 years ago (or less) for one year starting July 9, 2018.
The Ministry of Housing and the Real Estate Development Fund urged citizens to visit the sakani.housing.sa portal for a list of the names allocated housing units this month and to visit the housing support portal eskan.gov.sa and REDF’s online portal redf.gov.sa to complete the necessary procedures, update data and approve the product.
Saudi Housing Ministry allocates over 100,000 residential units
Saudi Housing Ministry allocates over 100,000 residential units
- The launch of the fifth batch of the Sakani (housing) program for 2018 has been announced
- National Housing Company CEO Mohammed bin Saleh Al-Bati said that the housing program would continue to announce reservation opportunities
Crown prince receives governors of Saudi regions
RIYADH: Saudi Arabia’s Crown Prince Mohammed bin Salman has received governors of the Kingdom’s regions following their 31st annual meeting, the Saudi Press Agency said early Thursday.
The Crown Prince was briefed on the most prominent topics discussed at the annual meeting.
He commended the governors’ efforts to serve the country, citizens and residents, and their work to achieve comprehensive development.
Saudi Arabia to host conference on role of universities in promoting peaceful coexistence
- The event will take place at Imam Mohammad Ibn Saud Islamic University on April 28 and 29
RIYADH: Imam Mohammad Ibn Saud Islamic University in Riyadh will host an international conference next month titled “The Role of Universities in Promoting the Values of National Belonging and Peaceful Coexistence.” It will take place on April 28 and 29 under the patronage of King Salman.
Ahmed bin Salem Al-Ameri, the president of the university, thanked the king for his support and said the aim of the event is to “highlight the experiences of universities in promoting these lofty values, and to demonstrate the importance of correct doctrine and the approach of moderation,” the Saudi Press agency reported on Wednesday.
The participants will include leaders, dignitaries, scholars and intellectuals from the Kingdom and other countries, he added, who will share their specialist legal, scientific and social expertise during lectures, discussion sessions and workshops.
Weather warnings issued across Saudi Arabia until Monday
RIYADH: Members of the public have been urged to exercise caution over the coming days as weather warnings have been issued in several regions across Saudi Arabia.
The General Directorate of Civil Defense said there could be thunderstorms from Thursday to Monday, the Saudi Press Agency reported.
Moderate to heavy rain, leading to torrential rain, hail and high wind, has been forecast for Makkah region, including the Holy Capital, Al-Jumum, Al-Kamil, Bahra, Khulais, Taif, Maysan, Adham, Al-Ardiyat, Tarbah, Raniyah, Al-Muwayh, and Al-Khurmah.
The Riyadh region will be affected by similar weather conditions, including the capital, Diriyah, Afif, Al-Dawadmi. Al-Quwayiyah, Al-Majma’ah, Thadiq, Marrat, Al-Ghat, Al-Zulfi, Shaqraa, Rumah, Huraymila, Darma, Al-Muzahmiyah, Al-Kharj, Wadi Al-Dawasir, Al-Salil, Al-Aflaj, Hotat Bani Tamim and Al-Hareeq.
The same has been forecast for the regions of Jazan, Asir, Al-Baha, Madinah, Tabuk, Al-Jawf, the Northern Border, Hail, Al-Qassim, and the Eastern Province.
Some parts of Makkah region, including Jeddah, Rabigh, Al-Laith, Al-Qunfudhah, will be affected by moderate rainfall that may lead to torrential rain, hail and high winds.
Some areas in the regions of Jazan, Najran and the Eastern Province will be affected by light to medium rain and active downward winds that raise dust and dirt, the authority added.
The directorate called on the public to stay safe and away from places which could be affected by floods or become swamped. It urged people not to swim in such places as this would be dangerous, and to adhere to any instructions issued through the media or social media networks.
Saudi Arabia’s Diriyah Co. honors winners of mosque design competition
RIYADH: Saudi Arabia’s Diriyah Co. concluded an architectural design competition for Diriyah mosques, with the participation of a number of talented male and female architects, the Saudi Press Agency reported on Wednesday
The Diriyah Mosques Architectural Design Competition aims to showcase their skills and contribute to developing the architectural landscape of Diriyah through their participation in the contest to support local creative talent in Islamic architecture and promote the development of sustainable construction.
The winners were announced during the annual Diriyah Suhoor at the Bujairi Terrace in the heart of the historic Wadi Hanifah.
Participants were invited to submit designs for two mosques in Diriyah in the Najdi style and constructed within the project’s master plan, using traditional building techniques and materials from the region.
Participating students were required to be familiar with traditional construction methodologies and apply them in their designs through this competition, which sought to achieve a set of goals to serve the local community and visitors.
The two mosques reflect the rich cultural heritage that characterizes Diriyah and the authentic architectural style of the region, as the competition is part of Diriyah Co.’s commitment to consolidating the traditions of distinctive Najdi architecture and enhancing community participation in Diriyah development projects.
A total of 170 submissions from groups and individuals were nominated for meeting the criteria set by the competition and the final stage of the competition witnessed the evaluation of the best 11 designs by the jury, which consisted of a number of highly qualified professional architects.
The evaluation criteria focused on the compatibility of the designs with the master plan for Diriyah, the design brief and their integration with the ancient heritage of Diriyah.
Three groups consisting of 12 participants emerged victorious and the winning entries were distinguished by their creativity and sustainability and their highlighting of Najdi culture and heritage.
The two winning designs for first and second place will be used in building the two mosques, which will contribute to developing the urban landscape and enabling the community to participate in the development of Diriyah.
The competition was launched in July and received widespread interest, as 539 male and female students from 31 universities took part, including 27 from the Kingdom, a university from the Gulf Cooperation Council countries and three international institutions.
A total of 296 designs were submitted by both individual and groups of three to five students.
GCC chief meets Hungary’s ambassador to Saudi Arabia
GCC Secretary-General Jasem Mohamed Al-Budaiwi met the Ambassador of Hungary to the Kingdom Balazs Selmeci at the headquarters of the council in Riyadh on Wednesday.
The officials discussed ways to enhance cooperation between the GCC and Hungary in various fields, and the latest regional and international developments of common interest, the GCC reported.
Al-Budaiwi on Tuesday had discussions with Kazakhstan’s Ambassador Berik Aryn on the ministerial meeting that will be held later this year between GCC and Central Asian countries in Tashkent, Uzbekistan.