“National Housing NHC” launches 5 thousand new residential villas in the city of Riyadh

The National Housing NHC announced the launch of 5,000 new residential villas distributed throughout the city of Riyadh, as part of a plan to enhance the real estate supply targeted by the Ministry of Municipal and Rural Affairs and Housing through the “sakani” program during the current year 2022, as these units are located in the north of the capital and the “Al-Asala” project. In its south, within the framework of enabling Saudi families to own housing by providing various housing options and solutions of good quality and at an appropriate price, in order to achieve the objectives of the Housing Program – one of the programs of the Kingdom’s Vision 2030 – to raise the ownership rate to 70%.

And the “National Housing NHC” indicated that the housing units will be offered in stages during the month of April, as the first projects begin to be launched tomorrow, Wednesday, and reservations will be available through the “sakani” application and website, as well as through the comprehensive housing center, so that other projects will continue with the completion of reservations for each project, while the projects include Which will be offered 2,000 housing units of various models and designs north of Riyadh, namely the “Al Narges View 2”, “Nasaj Town Al Narges” and “Saraya Al-Gwan”, in addition to about 3,000 units in the Al-Asala project in its third phase, southwest of the capital, Riyadh.

These projects come as an extension of the efforts of the National Housing NHC to provide vibrant communities of a civilized nature with distinctive and modern designs, within the continuous expansion plans to increase the real estate supply and provide housing units that suit the needs and purchasing capabilities of Saudi families, at an average price of 750,000 riyals, within projects characterized by the integration of infrastructure And the necessary services and facilities such as educational, health, recreational and other facilities. The city of Riyadh embraces more than 35 housing projects that provide more than 32,000 various housing units, within 115 projects that provide more than 149,000 units in various cities of the Kingdom.

It is noteworthy that the “sakani” program announced that it aims to serve 180,000 families during 2022, including 130,000 families who live in their homes, and to provide more than 100,000 subsidized real estate loans. The “sakani” website and application provides more than 149,000 housing units in 115 projects under construction, in addition to 180,000 residential plots in 223 schemes in the cities and governorates of the Kingdom.


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