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Analysis: Mortgage lending in Saudi Arabia at new low as rate hikes quell demand

April had the lowest level of mortgage origination since January 2019 ....

Saudi Arabia , Ar Riya , Seban Scaria , Knight Frank , Brinda Darasha , Saudi Central Bank , Harmen De Jong ,

Saudi residential transaction volumes up 6% in 12 months

The Saudi residential real estate market has experienced a 6% growth in the total value of transactions year-to-date, albeit the number of deals has slipped, with the volume of home sales this year down 24%, according to a property expert. ....

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Riyadh warehouse rentals rise 22% amid Saudi push to develop industrial hub

RIYADH: Saudi capital Riyadh recorded a 22 percent growth in annual warehouse rental rates at the end of the third quarter of 2022, as the Kingdom is witnessing a strong demand for high-quality and specialized facilities, revealed the latest data from global property consultant Knight Frank. This comes as Saudi Arabia is seeing increasing activities in the manufacturing and ....

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Flying Taxis, Robotic Avatars and Holograms — Saudi Arabia Pushes Ahead With Its Sci-Fi City Vision

With a mammoth budget of $500 billion, Neom is a key element of Saudi’s Vision 2030 plan originally launched back in 2016. ....

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Saudi Arabia to become the world's largest construction site: Report

$1.1 trillion will be invested as part of the Vision 2030 project ....

Saudi Arabia , Ar Riya , Knight Frank , Harmen De Jong , Real Estate Strategy , Real Estate , Ision 2030 ,