The CEO of the White Land Fees Program – Eng. Abdul Hamid Al-Hammad confirmed the imposition of fees on more than 400 million square meters of raw lands, of which 100 million were either developed, under development, or sold. Al-Hammad said, during his meeting with the Real Estate Knowledge Initiative, yesterday that all these lands were facing great neglect, but the program caused the entry of 100 million square meters into the real estate market. He stressed that the fees collected over the past years are being re-pumped into housing projects, denying that the goal of the program is collection, but rather to encourage an increase in the developed lands. Al-Hammad noted that other new cities will enter the fees program in the coming period, after monitoring the real estate market need and the growing demand for housing, which are the same reasons for putting forward the idea of the program from the ground up.
The Council of Ministers recently approved the amendment of the executive regulations for the white land fees system. The amendment of the regulation included the identification of 3 executive stages, the first includes undeveloped lands with an area of 10,000 square meters or more, and located within the scope determined by the ministry, and the second phase is developed lands with an area of 10,000 square meters or more, and developed lands for one owner with an area of 10,000 square meters And more in one scheme within the scope determined by the Ministry, and in the third stage the developed land with an area of 5,000 square meters or more, and the total developed lands for one owner with an area of 10,000 square meters or more in one city within the scope determined by the Ministry. The amendments included the possibility of applying more than one stage in one city, in addition to the ministry conducting a periodic review of the situation in any city to decide whether to apply fees to land in it or to suspend it in order to bypass a certain stage and move to the next stage in the same city. The system of white lands fees began to work on Ramadan 3, 1437 AH.