Research

Riyadh Real Estate Market Overview - Q2 2018

In line with the National Transformation Program 2020, the Ministry of Housing aims to increase home ownership for nationals by boosting affordable residential supply. A continued focus on this sector of the market was evident this quarter with the Ministry announcing eight new PPP agreements and distributing over 15,000 affordable residential products during Q2 2018.

Most developers remain focused on the affordable sector of the market in line with the governments' objective and this will continue to be a key driver for the Riyadh real estate market overall.

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